David N. Waldrop

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

All Answers
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    IRAs, Retirement Plans
If I am no longer employed, can I roll over a 403(b) plan into an IRA?
50% of people found this answer helpful

It is very typical to rollover your 403(b) after your have terminated service with your employer. However, there are other considerations you need to evaluate before you make the jump into an IRA.

It is very important to know what your 403(b) is currently invested in. Is it in a fixed or variable annuity? Is it invested directly with a mutual fund company? I wrote an article that goes into more detail on this called HOW 403(B) AND 457 PLANS WORK TOGETHER.

If it’s invested in some type of annuity, you need to be sure you’re not subject to surrender charges. It is quite common for annuities to have charges that apply when you move your funds out of the contract. These surrender periods can last many years and can be in excess of 8%.

You also need to carefully evaluate where your funds are going. What type of IRA will it be? Are you going to invest in stocks, mutual funds, or invest in an annuity? Will you be working with an advisor or a broker who is selling financial products?

Just because you can rollover to an IRA, it doesn’t mean you should. Before you make the leap, read this article 403B PLANS AND WHAT TEACHERS NEED TO KNOW.

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

Best of luck!

David N. Waldrop, CFP®

January 2018
    Annuities, Mutual Funds, Taxes
How do I transfer my variable annuity to a mutual fund without a big tax penalty?
33% of people found this answer helpful
January 2018
    Marriage / Divorce, IRAs, Retirement Plans
Can IRAs be held jointly by spouses?
50% of people found this answer helpful
November 2017
    401(k), IRAs, Taxes, Tax Deductions / Credits
How can I avoid Required Minimum Deductions (RMDs)?
50% of people found this answer helpful
November 2017
    Financial Planning, Investing
I'm 26, where do I put my money to get the most out of it?
50% of people found this answer helpful
November 2017