David B. Armstrong | CFA, Managing Director

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David is a Managing Director and co-founder of Monument Wealth Management. As the firm’s chief investment strategist and client portfolio manager, he specializes in the arena of exchange traded funds and manages the main core equity portfolio strategy. David also conducts the firm’s economic analysis and provides strategic asset allocation advice for clients. Viewed as an industry leader in digital marketing and social media, David’s expertise is frequently sought after by journalists and event coordinators.

Prior to founding Monument Wealth Management, David was a portfolio manager with The Northrock Group, a Global Private Client Group of Merrill Lynch, headquartered in Washington, D.C. In this role, David was also responsible for running the new hire training program for Merrill Lynch’s second largest office. His approach centered on shifting advisor mindsets to focus on being practitioners rather than salespeople; under his direction the program achieved uncharted levels of success. David ranks his single greatest accomplishment as earning the title of United States Marine, followed closely by founding Monument Wealth Management.

Of Note

• Chartered Financial Analyst (CFA) charterholder
• A Top 100 Independent Advisor in America, selected by Registered Rep. magazine (award based on assets under management, 2009 & 2010)
• Lieutenant Colonel in the United States Marine Corps Reserves
• Former Adjunct Professor at the American University Kogod School of Business MBA program
• Former member of the Board of Advisors at the Moore School of Business at University of South Carolina

Thought Leadership

• Interviewed by, quoted, and featured in, numerous national, personal finance and industry publications, including:The New York Times, The Wall Street Journal, The Washington Post, CNBC.com, Financial Advisor, Research Magazine, Financial Planning, Kiplinger’s Personal Finance, Bloomberg Radio’s “Taking Stock with Pimm Fox”
• Weekly contributor to U.S. News and World Report monthly blog “The Smarter Investor”
• Featured speaker on social media, Barron’s Top Independent Advisors Summit (multiple years)
• Featured speaker on practice management, Barron’s Top Advisory Teams Summit
• Panelist, Securities Industry and Financial Markets Association (SIFMA) Social Media Seminar
• Panelist, Money Management Institute (MMI) Sales and Marketing Leadership Summit
• Panelist, IndexUniverse Inside ETFs Conference (multiple years)
• Featured speaker, LPL Financial Focus conference and Business Leaders Forum (multiple years)
• Panelist, Investment Management Consultants Association (IMCA) Annual Conference

Professional History

• Portfolio Manager and Vice President, The Northrock Group, Merrill Lynch, 2002-2008
• Portfolio Manager, Credit Suisse First Boston, 2001-2002
• Associate, Private Banking, Donaldson Lufkin & Jenrette, 1999-2001
• Lieutenant Colonel, United States Marine Corps, 1990-present (active duty 1990-1997)

Education

• Master of Business Administration degree from University of South Carolina
• Bachelor of Arts degree from University of South Carolina

Personal

• Served on active duty for seven years in the United States Marine Corps as an Artillery Officer, Jumpmaster and Pathfinder with several deployments to the Middle East and a combat deployment to Mogadishu, Somalia
• Hobbies include boating, triathlon competition, biking, running and golf
• Animal rescue advocate

Contact: david.armstrong@monumentwm.com