David Swapp
CFP®, MBA
Net Worth Advisory Group, LLC
Managing Partner
David Swapp
CFP®, MBA
Net Worth Advisory Group, LLC
Managing Partner
As a fee-only financial planner, my focus is to offer unbiased financial advice to help you achieve your life goals. - David Swapp, CFP®, MBA
Fee-Only financial planner located in Sandy, UT, serving clients locally and across the country
Education and Designations
Certified Financial Planner™ (CFP)
Member, Financial Planning Association (FPA)
Member, National Association of Personal Financial Advisors (NAPFA)
Certified Financial Planning Certification Program, Boston University
Master of Business Administration, Brigham Young University
Bachelor of Science in Accounting, University of Utah
Financial Management Experience
David joined Net Worth Advisory Group in July of 2005 and is currently a Managing Partner. During his tenure at Net Worth he has advised clients in retirement planning, investment analysis, investment strategy, investment portfolio management, business planning, life/health/disability/long-term care insurance, education and estate planning. David’s approach to financial planning and investment advising emphasizes after-tax portfolio returns and execution of a seamless strategy among the client’s professional advisors (i.e. financial advisor, accountant and attorney). Prior to joining Net Worth Advisory Group David worked as a registered representative and investment advisor representative for LPL Financial Services providing many of the same services he currently provides.
From 1994 to 2004 David worked for Duke Energy, one of the nation’s largest utilities and energy merchants, as Vice President, Energy Marketing and Trading, Western Region. While employed at Duke his primary focus was on structuring and managing energy portfolios consisting of physical and financial natural gas, crude oil, and electricity contracts. This invaluable experience allowed David to develop expertise in managing market, commodity, credit, currency and interest rate risk, which he finds very useful in managing his current client portfolios.
David is committed to providing independent and objective advice that is in the best interest of his clients. As a fee-only advisor, he acts in a fiduciary capacity and is in a unique position to provide truly objective financial advice.
Personal
David and his wife Stacy live in Sandy Utah with their two youngest children where they are actively involved in many facets of the community.
David Swapp is a Member of the National Association of Personal Financial Advisors
The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors - highly trained professionals who are committed to working in the best interests of those they serve.
NAPFA members live by three important values:
- To be the beacon for independent, objective financial advice for individuals and families.
- To be the champion of financial services delivered in the public interest.
- To be the standard bearer for the emerging profession of financial planning.
We Create Value for Our Clients by
- Providing expert wealth management & professionally designed investment portfolios
- Developing and implementing custom financial plans
- Crafting personalized retirement income strategies
- Meeting frequently to update plans and review investment performance
- Relentlessly driving down your investment costs
- Certified Financial Advisors
TRANSPARENT FEE-ONLY PRICE
We charge a minimum of $750 for a comprehensive financial plan. For wealth management clients, we charge an all-inclusive fee for managing investment portfolios which covers the cost of investments, the advisor, transactions and ongoing financial planning services. Most clients pay between .5% and 1.5% depending on portfolio size. In a minority of cases an extra expense may apply for mutual funds and ETFs.
OBJECTIVE AND INDEPENDENT
As an independent advisor we are not beholden to one broker dealer or one set of proprietary funds. As a result, we can select from a variety of brokerages and investment alternatives that best fit our clients’ situation. As a fee-only firm we provide services that are not tainted by a hidden agenda to sell financial products paying large commissions. Since we don’t earn commission we can focus exclusively on helping our clients without any conflicts of interest.
FIDUCIARY DUTY TO YOU
As a fee-only firm, we are fiduciaries to our clients. This means our financial planners are legally required to act in your best interest at all times. You may be surprised to learn that this is a much higher standard than many other brokers and advisors are held to. Our fiduciary duty means that you can rely on us to make the best decisions for you.
Fee-Only, Fiduciary, Independent: Three Important Criteria to Consider When Choosing a Financial Advisor.
Specialties
- Comprehensive Financial Planning
- Retirement Income Planning
- Investment Management
- College Education Planning
- Tax Planning
Ideal Clients
- Retirees and Near Retirees
- Growing Families
- Business Owners and Executives
- Sudden Money Situations
- Novice Investors
Working Together
- In-Office Meetings
- Virtual Meetings
- Clearly Defined Fees
- No Product Sales
- Complimentary Initial Consultation
Professional Designations & Affiliations
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David Swapp is a NAPFA-Registered Financial AdvisorThe National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors—highly trained professionals who are committed to working in the best interests of those they serve.
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David Swapp is a CERTIFIED FINANCIAL PLANNER™ Professional - Click for VerificationCFP® professionals are held to strict ethical standards to ensure financial planning recommendations are in your best interest. What’s more, a CFP® professional must acquire several years of experience related to delivering financial planning services to clients and pass the comprehensive CFP® Certification Exam before they can use the CFP® designation.
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David Swapp is a member of The Financial Planning Association® (FPA®)FPA® is the largest membership organization for CFP® professionals in the U.S. and supports high standards of professional competence, ethical conduct, and clear, complete disclosure when serving clients.
Contact David Swapp
Office Locations:
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75 W. Towne Ridge Parkway
Suite 460
Sandy, UT 84070
