David Meyers

CFP
Personal Finance, Retirement, Investing
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“Meyers Wealth Management is a fee-only financial advisor providing project-based, hourly, and retainer-based planning and portfolio management.”
Firm:

Meyers Wealth Management

Job Title:

President

Biography:

After many years working at the institutional level with very large-scale portfolios of bonds and structured securities, David Meyers set up Meyers Wealth Management in order to work with individuals, families and small businesses.  

He started at Salomon Brothers in New York in 1993 and spent several years modeling complex structured fixed-income products, particularly focusing on mortgage-backed securities and the prepayment models. Since then, he's had various roles at a hedge fund and two institutional money management firms modeling securities and portfolios and focusing especially on risk management and quantitative measurement of security and portfolio performance.

In 2008, he established Meyers Wealth Management as a state-level Registered Investment Advisory firm in Massachusetts and in 2009, moved to Palo Alto, California.

Education:

BS, Applied Physics, Emory University
MS, Applied Mathematics, Georgia Institute of Technology

Fee Structure:

Fee-Only

CRD Number:

3202058

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October 2016

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    Personal Finance
What percentage of your savings account should you spend on a car?
43% of people found this answer helpful

That’s not really a great measure. Consider what percentage of your spendable income you can reasonably spend on a car. Start by getting an idea of all your expenses, list the goals for which you want to save (retirement, etc), and after putting aside what you need for those goals and other necessary spending - what’s left may - may - be available to use for paying for a car. This applies whether you finance the car (and thus figure out what level of payment you can make) — or you pay cash for the car (in which case, you need to then start a new program of saving towards the next one — so you still should be thinking in terms of how much, on a monthly basis, you can afford to put towards the car).

If you are paying for it out of cash savings, make sure you leave enough in your savings for your day-to-day spending needs (we usually recommend 1-2 months total cost of living in one’s everyday checking account) — plus enough cash to keep your emergency fund adequate (usually in a regular FDIC insured savings account, and typically anywhere from 3 to 12 months total cost of living depending on a variety of criteria (one earner vs. two earner, regular employment vs. self-employment, general job stability, etc)).

February 2016
    Financial Planning, Personal Finance
What should I do with my extra savings?
40% of people found this answer helpful
August 2016
    Annuities
Is my annuity payout too good to be true?
29% of people found this answer helpful
October 2017
    Investing, Stocks
What are the best stocks to invest in for only 2 months?
29% of people found this answer helpful
February 2016
    401(k), IRAs
Is it best to roll over a 401k into an IRA before taking the money out?
27% of people found this answer helpful
February 2016