Hi, I’m Dave –
Since 2008, I’ve found that I do my best work with Christ-centered families, helping them make smart money decisions. I lead with process, execute consistently, and build relationships with results. Are you on track?
Awards Received
A short video about why I do what I do.
A long story shorter:
I used to work at larger investment firms that spent eye-popping amounts of money on marketing to try and tell the world why they are the best. Now, I’m more interested in working with a select group of clients with shared values, focused on enhancing lives more so than spending marketing dollars. Frankly, I got tired of the corporate “stuff” involved.
Because of this, I started my own firm, I’m the founder, I’m the lead advisor. A common question is how do I compete with the national firms and what’s my continuity plan? Providing competitive top-flight service and advice, to me, is easier than ever. Small, independent firms, like mine, are now able to utilize and leverage the same support, custodial services, and investment research as the national firms.
Today, I work with TD Ameritrade and Charles Schwab, who have a combined asset level of about 8 Trillion. As well as implementing portfolio construction guided by some of the largest money managers in the world like BlackRock, Natixis, State Street, Fidelity, WisdomTree and others. I’m then able to take a “best of breed” approach to portfolios and have full transparency on benchmarking.
The background story:
I joined the financial industry in 2008. Starting in this industry in the middle of the financial recession certainly had its challenges. While the markets have and continue to change, my focus hasn’t. I’m hyper focused on delivering my client’s desired results through implementing a step-by-step process of helping clients work towards building wealth, saving on taxes, and financial peace.
In addition to my industry experience, I’m also a CERTIFIED FINANCIAL PLANNER™ professional.
Outside of work, I’m an active member at my church, soccer coach to our kids teams, and being a devoted husband and father of three children.
Interesting fact about me: my first job out of college was in Uganda, Africa.
“David has been a great partner in developing my financial plan, helping me manage investments and provide oversight on my retirement plan. I would highly recommend the team to anyone looking for a trusted partner to help with their financial future.”
You don’t have to have uncertainty about your finances and your future.
Five Star Professional and Fortune Magazine Listing Full Disclosure
The Fortune Magazine Listing was presented in January 2024 based on the time period of calendar year 2023. It was provided by Five Star Professional. Hobbs Wealth Management has reasonable belief that the survey used to determine the award was fair and balanced. Clients and prospects should be aware that Hobbs Wealth Management provided the following compensation to the provider: $665.28 as an application fee. The Fortune Magazine listing is/are no guarantee of future investment outcomes and do not ensure that a client or prospective client will experience a higher level of performance or results.
This award was issued on 9/1/24 by Five Star Professional (FSP) for the time period 11/14/23 through 5/31/24. Fee paid for use of marketing materials. Self-completed questionnaire was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria. 1650 Indianapolis-area wealth managers were considered for the award; 143 (9% of candidates) were named 2024 Five Star Wealth Managers. The following prior year statistics use this format: YEAR: # Considered, # Winners, % of candidates, Issued Date, Research Period. 2023: 1,594, 132, 8.28%, 9/1/23, 12/19/22 - 5/31/23; 2022: 1673, 131, 8%, 9/1/22, 12/27/21 - 6/24/22; 2021: 1716, 128, 7%, 9/1/21, 12/7/20 - 7/2/21; 2020: 1786, 143, 8%, 9/1/20, 12/2/19 - 6/12/20; 2019: 1659, 153, 9%, 9/1/19, 11/19/18 - 6/28/19; 2018: 1588, 149, 9%, 9/1/18, 12/28/17 - 7/23/18; 2017: 1164, 182, 16%, 9/1/17, 12/29/16 - 7/13/17; 2016: 1083, 332, 31%, 8/1/16, 1/15/16 - 7/21/16; 2015: 1743, 348, 20%, 9/1/15, 1/15/15 - 7/21/15; 2014: 2009, 360, 18%, 9/1/14, 1/15/14 - 7/21/14; 2013: 1624, 413, 25%, 9/1/13, 1/15/13 - 7/21/13; 2012: 1375, 387, 28%, 9/1/12, 1/15/12 - 7/21/12.
Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. The award is based on 10 objective criteria. Eligibility criteria-required: 1. Credentialed as a registered investment adviser (RIA) or a registered investment adviser representative; 2. Actively licensed as a RIA or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by FSP, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or FSP's consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through FSP's consumer complaint process; feedback may not be representative of any one client's experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria-considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. FSP does not evaluate quality of services provided to clients. The award is not indicative of the wealth manager's future performance . Wealth Managers may or may not use discretion in their practice and therefore may not manage their clients' assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by FSP or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by FSP in the future. Visit www.fivestarprofessional.com. Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. The award is based on 10 objective criteria. Eligibility criteria – required: 1. Credentialed as a registered investment adviser (RIA) or a registered investment adviser representative; 2. Actively licensed as a RIA or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by FSP, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or FSP’s consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through FSP’s consumer complaint process; feedback may not be representative of any one client’s experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria – considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. FSP does not evaluate quality of services provided to clients. The award is not indicative of the wealth manager’s future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their clients’ assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by FSP or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by FSP in the future. Visit www.fivestarprofessional.com
