David B. Root, Jr., CFP®, AIF®
Chief Executive Officer
As founder and CEO, David concentrates his firm’s efforts on helping the families of high-net worth individuals and institutions with comprehensive wealth management. He directs the planning, management, 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.”
David coined the term “mMillionaireSM,” to describe the most promising, yet overlooked and under serviced segment of the investing American public. He has established himself as an expert in working with the mMillionaireSM, 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 30-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). In 2012, David was named a *5-Star “Best in Client Satisfaction” Wealth Manager by Pittsburgh Magazine (results compiled by Crescendo Business Service, a national independent research firm). 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.
He and wife Kathy are the proud parents of two college aged sons, Jesse and Alec. 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.