David N. Waldrop

CFP®, CLU
Personal Finance, Retirement, Investing
97%
Helpful
60
Answers
10
Articles
49
Followers
“David N. Waldrop, Certified Financial Planner®, is committed to accuracy and availability, timely completion, and customizes the scope of planning for each client.”
Firm:

Bridgeview Capital Advisors, Inc.

Job Title:

President

Biography:

David N. Waldrop has earned the trust and respect of his clients during his career in the financial services industry. His wealth of knowledge allows him to provide the superb personal service and financial perspective upon which our customers have come to rely. He works closely with clients and has a proven ability to respond and plan for their needs.

As a Certified Financial Planner and President of Bridgeview Capital Advisors, Inc., David is responsible for advising clients in the areas of retirement plans and portfolio management. Specializing in financial planning and consulting, David brings together all aspects of his clients’ finances while incorporating their goals and objectives, both personal and financial.

After graduating from Cal Poly San Luis Obispo in 1998, David joined the lending division of a well known national bank where he specialized in consumer credit analysis and finance. In 2000, David steered his focus toward investments and insurance planning. In addition to providing auto, home, and life insurance, David worked directly with clients and public institutions to establish and promote retirement savings through various qualified plans.

After completing the professional and educational requirements of the Certified Financial Planner Board of Standards, David earned the marks of a Certified Financial Planner or CFP®. In this capacity, David focused on high net worth clients and prepared asset allocation analysis, cash flow planning, and insurance strategies. As a Financial Advisor with Bridgeview Capital Advisors, Inc., David provides his services to a broader clientele and customizes the scope of planning for each client.

In his time away from work, David enjoys spending time with his family, golfing and playing guitar. He is also a proud supporter of Shriners Hospitals for Children in Sacramento.

Education:

BA, Political Science, California Polytechnic State University-San Luis Obispo

Assets Under Management:

$35 million

CRD Number:

4214855

All Articles
Sort By:
Most Helpful
last month
    IRAs, Retirement Savings
February 2017
    IRAs, Retirement Plans, Retirement Savings
February 2017
    401(k), IRAs, Retirement Plans, Small Business
February 2017
    Estate Planning, Retirement Savings, IRAs
last month
    401(k), IRAs, Retirement Savings, Income Tax

All Answers
Sort By:
Most Helpful
    Bonds / Fixed Income, Starting Out
What is the best method to begin saving for my children?
100% of people found this answer helpful

The first step is to identify what the funds will be for. An example of this would be primary or secondary education, college, down payment on a future home, etc. There are accounts with special tax benefits if used for college savings like 529 plans. Or, Coverdell Education Savings Accounts (ESAs) can be used for education expenses prior to college. UTMAs can be used if more flexibility is desired in terms of what the funds can be used for. Proceed with caution before making a choice. I wrote in more detail about this in the article UTMA Accounts – Planning For College.

The next step would be to identify the time horizon. Will the funds be needed in 5, 10, or 20 years? If you’re going to be investing funds for the short term like 1 to 3 years, you should steer clear of the stock market and stick with CDs despite the low rates. If you are investing with a longer-term time horizon, it would be completely prudent to allocate a portion of your investments to stocks. While CDs and savings bonds are very low risk, they may not be the best bet for returns over the long term.

Please note that this should not be considered investment advice and is only educational in nature.

Best of luck!

David N. Waldrop, CFP®

January 2017
    Investing, Lifestage Based Planning
What is the best route to invest $50,000?
100% of people found this answer helpful
January 2017
    Financial Planning
Is a Health Savings Account right for my family?
100% of people found this answer helpful
February 2017
    Choosing an Advisor
Should I have a discussion with my advisor regarding the new fiduciary rule?
100% of people found this answer helpful
February 2017
    Bonds / Fixed Income, Taxes
Should we cash in our bonds and pay the tax?
100% of people found this answer helpful
February 2017