David N. Waldrop

CFP®, CLU
Personal Finance, Retirement, Investing
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10
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“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
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March 2017
    IRAs, Retirement Savings
February 2017
    Estate Planning, Retirement Savings, IRAs
March 2017
    401(k), IRAs, Retirement Savings, Income Tax
February 2017
    IRAs, Retirement Plans, Retirement Savings
February 2017
    401(k), IRAs, Retirement Plans, Small Business

All Answers
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    Debt
Should I pay off my mortgage or pay off my credit card debt first?
100% of people found this answer helpful

It’s generally not advisable to carry credit card debt beyond one month. If you must, then it should be your goal to get the balances paid in full ASAP. You DON’T want to be the credit card company’s best customer. Their best customer carries their balance over each month. The longer you keep the balance going, the more interest they make. I wrote about this in more detail in an article called CREDIT CARD DEBT – DON’T LET IT WRECK YOUR PLAN.

Here are some reasons to focus on the credit card debt first:

  1. Credit card debt is at a considerably higher interest rate than your mortgage. In general, you want to tackle debts that are at higher interest rates and work your way down.
  2. Credit card debt is viewed negatively by creditors. Maintaining high balances while paying the minimums will negatively impact your credit rating. Worst case is that it prevents you from getting a loan during a time of need.
  3. Credit card rates will increase and penalties incurred if you are late on payments. This can turn a once manageable amount of debt into something capable of derailing your financial situation.

Don’t take credit card debt lightly. Develop a plan to tackle it. Or, it will tackle you.

Please note that this should not be considered investment advice and is only educational in nature. Be sure to consult your own investment, tax, or legal professional for help with your specific situation.

Best of luck!

David N. Waldrop, CFP®

4 days ago
    Retirement Savings, 401(k), IRAs
Should I stop contributing to my 401(k)?
89% of people found this answer helpful
April 2017
    IRAs
How can you borrow from a Roth IRA?
85% of people found this answer helpful
February 2017
    Investing, Stocks
What is the direct correlation between the stock market highs and Trump's presidency?
85% of people found this answer helpful
March 2017
    Bonds / Fixed Income, Starting Out
What is the best method to begin saving for my children?
75% of people found this answer helpful
January 2017