J. DAVID PRINCIPE, CFP®

Wealth Manager

Connecticut Office

Email: [email protected]

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With financial planning representing both a humanistic art as well as an analytic science, David strikes the happy medium in his role as a SageBroadview Wealth Manager. Joining us in 2007, David has enjoyed building deep, durable relationships with many of our clients, assisting them personally with their financial life planning. We also often turn to David as a go-to resource for strengthening our technical capabilities, regulatory compliance, and data and analytical research standards.

 

Before joining us, David’s global experiences took him from two years of teaching English with the Peace Corps in Guinea, West Africa, to retail management with Sears, Roebuck, & Co. in Maine, to seven years as a “jack of all trades” at a North Carolina software company … back to his family home in Vermont, to provide his father with end-of-life care. While serving as executor and trustee for two small family trusts during this period, David saw first-hand the importance of objective financial and estate planning, discovering his own affinity for assisting others facing similar challenges within their families.

 

After completing the rigorous program and field work required, he obtained his CERTIFIED FINANCIAL PLANNER™ certification in 2010. In addition to his credentials and professional experience, David is a member and proponent of the National Association of Personal Financial Advisors (NAPFA). He holds a bachelor’s degree in English from the University of Colorado at Boulder. He and his wife Karla share their dog-loving home in Connecticut with their two college-aged children, Erin and Zack.

Variations on your name

I grew up as “Dave,” but since that didn’t translate well during my Peace Corps time in French-speaking Guinea, I switched to “David.” Then there are the various ways people pronounce “Principe” (sounds like “recipe”). As for the “J.” at the beginning, it keeps my professional designations consistent with my birth certificate and reminds me of my roots. For the curious, the “J” stands for “John,” a family name passed along from my grandfather. People I’ve never met will call me John, which makes me chuckle, but I prefer David or Dave. Take your pick.

Favorite vacation destination

Our family lake house in Vermont, where I first met my wife Karla, whose family had a house there too. What began as casual encounters as kids became a letter-writing exchange during the end of college and my time in West Africa. My first letter to her had the ZIP code wrong, but fortunately it reached her anyway. This grew into a romance, and the rest is history. After decades of visiting Vermont, we still love returning to our old stomping grounds there.

Why financial planning

Even as a little boy, I remember my Italian grandmother’s (“Nonna’s”) favorite advice: “Pay yourself first!” At the time, I had no idea what she meant, but the phrase stuck with me nonetheless. Then, early on, I lost my mother when I was 22 and my father when I was 34. In the wake of dealing with my father’s estate, I knew I wanted to work with a reputable, fee-only financial planner. I discovered a NAPFA advisor in the next town over, and she quickly became a true partner, using her expertise to look out for my family and me. The experience left a huge impression, especially when she suggested I might consider becoming a planner myself “someday.” The next year when we relocated to Connecticut, I decided to take the plunge and switched careers – within six months I was networked with the local NAPFA community (including Larry) and had begun my CFP® coursework. The rest , as they say, is history. These days, I enjoy returning the favor by encouraging other young NAPFA members who are exploring their own careers and reminding my clients to pay themselves first!

Favorite power tool

I enjoy projects around the house and outdoors, ranging from electrical work to a new dock at the lake to a butterfly house for our garden. One of the tools I appreciate the most is the chain saw. I have the utmost respect for it — ts capabilities and its risks. Connecticut storms often bring heavy snow and tree damage. It always feels good when I can help neighbors dig out as well.

A study in contrasts

In my profession, I’m very organized and analytical. Maybe that’s why one of my favorite hobbies is cultivating the volunteer plants that take seed in our compost pile. Pumpkins, squash, mango or avocado trees … you name it. Whatever goes to seed, we throw it in our front garden, mow around the vines, and wind up with a different crop each year. I love seeing what serendipity has in store for us next!

Favorite mind-clearing activity

Ice skating. When the lake freezes solid and it’s clear and hard, there’s nothing better than getting out there, to just skate, skate, skate.