David B. Root Jr., CFP®
Founder & CEO / firstname.lastname@example.org
As founder and CEO, David concentrates his firm’s efforts on helping families and institutions with comprehensive wealth management. He directs our firm’s Life Plan 20/20® Financial Planning service, asset management through partners John Mazur and Howard Cunningham, analysis, research and review of all client programs and is the driving force behind the firm’s reputation for superior quality in services. “Families look to us to protect the wealth they’ve accumulated…we’re not hired to make them wealthy.”
Dave is also the author of D. B. Root & Company’s weekly commentary titled A Further Look. You will find the current and previous editions on this site: A Further Look
David coined the term “mMillionaire®” in 2007 to describe one of the most promising, yet overlooked and under serviced segment of the investing American public. Popularly referred to today as the mass-affluent, he has established himself as an expert in working with the mMillionaire®, having developed this demographic group as the firm’s market niche. This focus has made D.B. Root & Company one of the top-ranked independent financial advisory firms in the nation (Barron’s Magazine) and one of the largest Pittsburgh-area money managers (Pittsburgh Business Times).
During his 32-year career span, David’s distinguished career in wealth management has brought him considerable recognition. Registered Rep Magazine recognized him as one of America’s Top 100 Independent Broker/Dealer Advisors (August 2010). Recently, Dave was awarded a 2014 Diamond Award from the Pittsburgh Business Times as one of Pittsburgh’s Best CEOs. He is an active participant in local and national forums designed to educate the public on the broad spectrum of investment possibilities and the overall importance of sound financial planning. He is quoted extensively in prominent financial publications such as the Wall Street Journal, Investors Business Daily, Fortune Magazine, USA Today, and the Pittsburgh Post-Gazette.
Prior to establishing D.B. Root & Company in 1994, David was President of Bill Few Associates, a Pittsburgh-based investment and financial advisory firm. He also held various management positions with Muhlenkamp and Company, a money management firm, after graduating in 1982 from the University of Michigan with a B.A. in economics.
David’s expertise carries over into his community service initiatives as the Director of Finance for ASIAM (Asian American Institute for Research and Education – a UPMC Orthopedic Foundation chaired by Savio Woo, Ph.D.), Board of Directors Mt. Lebanon Community Endowment and advisory board member of The Pittsburgh Foundation.
Family and Interests
He and his wife Kathy are the proud parents of two sons. Jesse is a Yale graduate and a professional hockey player in the New York Islanders organization and Alec, after finishing his senior year at Bowdoin College in Maine, has joined investment consulting firm Cambridge Associates in Washington D.C.. In his spare time, David is passionate about hockey, an avid reader and an enthusiastic golfer.
* Based on 10 objective eligibility and evaluation criteria including: minimum of 5 years as an active credentialed financial professional, favorable regulatory and complaint history, fulfillment of firm’s internal review, accepts new clients, client retention rates, client assets administered, number of client households, education and professional designations. The award is not indicative of the wealth managers’ future performance. For more information please visit www.fivestarprofessional.com.
Barron’s Magazine: The rankings reflect assets under management, revenues and quality of service.
Registered Rep Magazine: Based on advisors who personally manage at least $150 million in assets with a majority in client accounts.
Diamond Award criteria included leadership, organizational success and commitment to community..
David’s Blog Posts
A Further Look with David Root
David Root Welcomes You to the Future of Wealth Management