David Waitrovich and team are deeply committed to helping clients employ their wealth to make a positive impact on their lives, their families, and the organizations and causes they feel strongly about.

David Waitrovich began his wealth management career in 1982; he joined Merrill four years later. David works exclusively with ultra-high net worth families. He and his fellow team members draw on their extensive experience and the resources of Bank of America and Merrill to pursue the goals of the family.  As David says – “We do the math. We always run the numbers. Families find our disciplined, holistic approach very helpful in helping them make informed decisions, especially on important questions such as their income and cash flow planning”.

David has experience with a broad range of financial goals and issues. This includes entrepreneurs selling their businesses and preparing for life after the sale, founders of companies and venture capitalists owning large, concentrated amounts of stock in one company, senior executives of public companies navigating restricted stock units and options, and families going through all transitions of life, such as inheritance, death and divorce.

The “advisor to the family” relationship starts with a deep conversation clarifying the objectives and needs of the family. From that point he and the team do the analyses on potential strategies and outcomes. David is particularly adept in helping families identify their real-life goals. He offers a rigorous analytical review in assessing client investments, cash flow/income needs, tax-minimization strategies, and intergenerational wealth transfer vehicles. This is integrated with behavioral coaching designed to build skills in the family and help them practice positive techniques so their wealth lasts.

In 2022, Forbes awarded David a top-50 position in their “Best-in-State Wealth Advisors” List (Published on April 7, 2022. Rankings based on data as of June 30, 2021). Barron’s Magazine has named David one of the Top Financial Advisors in America State by State from the inception of the accolade in 2009 consecutively through 2016 (Published annually February – March. Rankings based on data as of September 30 of prior year).  In addition, David was also named Financial Times 2014 and 2015 Top 400 Advisor list (Published annually Mar – April. Rankings based on data as of June 30 of prior year). 

David earned his B.S. in Economics and Business Administration from St. Mary’s College. In 2008 he was awarded with an M.A. in Counseling Psychology from JFK University. He is a Certified Investment Management Analyst^® (CIMA^®) professional.

He and his wife Maria reside in Alamo, California and Scottsdale, Arizona. They have four adult children.

*Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

*2022 Forbes “Best-in-State Wealth Advisors” list. Opinions provided by SHOOK^® Research, LLC and is based on in-person, virtual and telephone due-diligence meetings that measure best practices, client retention, industry experience, credentials, compliance records, firm nominations, assets under management and Firm-generated revenue (investment performance is not a criterion). SHOOK’s rankings are available for client evaluation only, are not indicative of future performance and do not represent any one client’s experience and available for investor help in evaluating the right financial advisor. Compensation was not received from anyone for the study. Past performance does not guarantee future results. Details available at www.SHOOKresearch.com. SHOOK is a registered trademark of SHOOK Research, LLC.

*Barron’s “Top 1,200 Financial Advisors” list. Opinions are Barron’s who evaluated advisors with a minimum of seven years financial services experience and employed at their current firm for at least one year. Ranking spots determined by each state’s population and wealth. Other quantitative and qualitative measures include assets under management, revenues generated for the firm, quality of practice, regulatory records, internal company documents and 100-plus points of advisor-provided data. Rankings do not reflect any one client’s experience, endorse any advisor and do not guarantee future investment success. Compensation was not received from anyone for the study. Barron’s is a trademark of Dow Jones & Company, Inc. All rights reserved. Years prior to 2014, this Barron's list consisted of 1,000 advisors.

*Financial Times “400 Top Financial Advisers” list. Opinions provided by Financial Times (FT 400) and is based on data gathered from advisers, broker-dealer home offices, regulatory disclosures, and the FT’s research. The listing reflects each adviser’s status in six primary areas: assets under management (AUM), asset growth, compliance record, experience, credentials and online accessibility. The award does not evaluate client service quality and is not indicative of any future performance success or a higher level of performance results. Rankings results are not an endorsement of the advisor. Compensation was not received from anyone for the study. Rankings produced annually by Ignites Research, a division of Money-Media, Inc on behalf of Financial Times. All right reserved.