PITTSBURGH: D.B. Root & Company, a Pittsburgh based independent Registered Investment Advisor (RIA) firm has announced the naming of Michael Aroesty CFP® as the Managing Director of the firm’s Asset Management process, Strategic AIM.™ Mr. Aroesty has been with D.B. Root & Company since 2010 and is currently a Senior Financial Advisor with the firm.
Strategic AIM™ is a proprietary process that customizes strategic solutions to clients’ needs and objectives. Through D.B. Root’s internal Investment Committee, appropriate asset allocation models are developed and deployed per specific client needs.
Mr. Aroesty states “We take our clients’ individual variables such as time horizon, income need, and appetite for risk and pair it with our view of the macro-economic environment to build an investment strategy that we believe will help our clients meet their long-term goals and objectives. There is a heavy emphasis on process, cost, transparency and simplicity to derive a solution we hope has the best chances for success.”
As Managing Director of Strategic AIM™ Mr. Aroesty will be responsible for oversight of the Investment Committee, marketing, research, process and program efficiencies. He adds, “By focusing on these areas, I hope to help our advisors develop low-cost, transparent and repeatable investment solutions for their clients.”
David Root, CEO of D.B. Root & Company explains, “At D.B. Root & Company, we’ve committed substantial resources to Strategic AIM™ in terms of technology, research and time invested by all of our advisors and their teams. Putting Mike in charge of this important core discipline of our business is testament to his abilities and his commitment to our clients.”
The process creates an appropriate mix of cash, bonds and stocks based on client goals, current situation and risk tolerance. It is focused on two key components: Asset Allocation Strategies and Investment Strategies.
About D.B. Root & Company
D.B. Root & Company is a fully independent Wealth Management firm committed to providing the ultimate client experience. To do this, we bring together best-of-class services and tools that assist our clients in achieving their own life goal of financial independence.
Our firm provides asset allocation strategies and financial planning to individuals, families and businesses. We provide high value independent, personal financial advice including asset allocation, retirement planning, estate planning, tax planning advice, corporate seminars and executive counseling services. Founded in 1994, the firm is headquartered in Downtown Pittsburgh. For more information, visit www.dbroot.com.