Many people experience a pivotal moment in their lives that redirects their path, clarifies their desires, and gives them a mission to guide them for the rest of their life. That might sound dramatic, but that’s exactly what happened to me at the ripe old age of 21.
For as long as I can remember, I knew I wanted to pursue a career involving numbers. While in college at the University of Missouri-St. Louis, I focused my coursework on math, economics, and accounting, thinking I would enter the accounting field after graduation, become a CPA, and work with taxes. As time went on, though, I started to doubt this decision as I realized this career choice wouldn’t give me enough face time with people. I love interacting with people and coming up with solutions to their problems, and I knew there had to be another career path where my love of numbers and passion for people would be better suited.
While I was trying to figure out my next step, my father passed away. My mother was 56 and had four of her seven children still living at home. I saw firsthand how difficult a tragic event can be on a family, especially financially. Thankfully, I also saw how good financial habits and trustworthy advice could lead to a desirable outcome. My mom is now 97 and living a happy and thriving life, and I credit much of that to the right financial support and advice she received. I became a financial advisor because I wanted to be able to offer that same value to others, no matter what life threw at them.
I went on to graduate from UMSL with a bachelor’s degree in business and commerce and eventually obtained the CERTIFIED FINANCIAL PLANNER™ (CFP®), Chartered Financial Consultant® (ChFC®), and Chartered Life Underwriter® (CLU®) designations, thus launching me into my new career.
I started my career in the financial industry in 1980, which, compared to today, feels like a completely different world. For some perspective, the Dow Jones was around 800, not 26,000. Interest rates on home loans were north of 12%. The Iran hostage crisis was making headlines and Jimmy Carter was president. To top it all off, there were just a fraction of the investment choices we have today.
I worked for a variety of firms, gaining invaluable knowledge and hands-on experience. In 2009, I took what I learned and founded Sirius Wealth Management, LLC with another advisor, Brendon Gallagher. Brendon is passionate about investments, and my passion lies with the financial planning side of wealth management, so we joined forces and now use our complementary backgrounds and interests to offer superior service to our clients.
Today, I work closely with my clients to understand their unique needs and goals, helping them create a comprehensive financial plan that will continue on through multiple generations and address every aspect of their financial lives. My planning approach focuses on four specific goals: accumulating wealth, reducing taxes and volatility in retirement, longevity risk strategies, and tax-efficient estate planning. I strive to give unparalleled personalized service and provide my clients with financial stability and confidence that eventually leads to financial independence.
When I’m not in the office, I spend my time giving back through philanthropy. I support multiple charitable organizations that focus on various health-related conditions, such as cystic fibrosis and lupus. I also raise awareness for special needs organizations, particularly the Mary Culver Home for vision-impaired women, where my mother lives.
Hurdles And Triumphs
Every day has ups and downs, no matter how much you love your job. Because my work involves building personal and long-lasting relationships with my clients, the most difficult part of my job is also one of the most difficult parts of life—losing a loved one. When a client I have worked with passes away, it feels like losing a friend.
This is also what drives me to work hard. I believe that your estate plan, specifically your trust document, is your last real opportunity to teach and protect your children and grandchildren. Despite the grief involved in a death, it is incredibly fulfilling to know that our hard work to create a thorough estate plan will help your family as they move forward and pass on your wishes and values.
A Financial Plan Is Priceless
I believe that every day is important, and the actions you take and the decisions you make on a daily basis add up to create your life. I couldn’t agree more with Ernest Hemingway when he said, “Today is only one day in all the days that will ever be. But what will happen in all the other days that ever come can depend on what you do today.”
I want to help you make the most of your every day by optimizing your financial life. Your finances often determine your options, and I want to see my clients have the freedom to live the life they dream of. If you have any questions about your current financial situation or want to know more about Sirius Wealth Management and what we do, call 636-449-4890 or email email@example.com to schedule a complimentary consultation.
David has been working in the financial services industry since 1980 and specializes in financial planning with a focus on retirement planning. His planning concentrates on four specific goals: the accumulation of wealth, the reduction of taxes and volatility in retirement, the necessary strategies to deal with the risks of longevity, and the passing of an estate in a private, tax-efficient, and protected manner. David holds designations as a CFP® CERTIFIED FINANCIAL PLANNER™, ChFC® Chartered Financial Consultant®, and CLU® Chartered Life Underwriter®.
David has been married to his wife, Sue, for over 41 years, and together they have four children and eight grandchildren. Dave is a big believer in family and still has family dinners almost every Sunday with most of his kids, grandchildren, and even his 97-year-old mother. Dave and Sue have lived in St. Louis all their lives. He enjoys spending time outdoors, especially fishing with his grandchildren; he knows they will only be young for so long and you have to live in the moment. This year will be Dave’s 18th annual cross-country motorcycle trip with three college friends; together they have traveled through over 40 states on these memorable road trips.
Dave and Sue support many charitable organizations, including the MS-Society, Cystic Fibrosis, the Lupus Foundation, St. Louis Men’s Group Against Cancer, and the Mary Culver Home for vision-impaired women, where his mother lives. Their support comes in an unusual way: Dave and Sue donate a BBQ (including a pig roast, cooked, carved, and served on site), which is auctioned off at one of their live events. This popular auction item is a great way for Dave and Sue to have fun and do some good in the community. Dave also serves as a board member on the Estate Planning Council of St. Louis.