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David Berns

Helping families in Sarasota prepare for retirement and beyond.

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Truadvice Wealth Management David Berns
Sarasota, Florida

Helping families in Sarasota prepare for retirement and beyond.

(941) 413-5390

Website

Areas of Focus

  • Financial Life Planning
  • Investment Management
  • Retirement Planning
  • Social Security
  • Taxes

About Me

Hi, I'm David Berns. I'm a financial planner with Truadvice Wealth Management, where I work with a select group of families in Sarasota, guiding them through their retirement journey.

I enjoy getting to know my clients and what their dreams and goals are, helping them create their own financial blueprint. Retirement planning can be compared to hitting a moving target, life happens and things can change. Having a plan that addresses the risks along the way is essential to being able to navigate changes that do occur. Any quality retirement plan starts with a review of your goals and spending needs. We will then analyze your current assets and income sources, such as pensions, IRA's, 401K's, 403B's, and social security. We spend a lot of time on the front end helping you avoid any potential mistakes that can be made in retirement planning.

Prior to joining Truadvice Wealth Management, I spent almost a decade as a Private Client Banker and Advisor for JPMorgan Chase and Wells Fargo. I was drawn to Truadvice Wealth Management because it is a local Sarasota firm that shares my values and vision.

I received my Bachelor of Arts in Psychology, with a minor in Finance from The University of South Florida. I'm currently enrolled at The American College of Financial Services, where I'm preparing to earn the Retirement Income Certified Professional designation. I hold the FINRA series 6, 63, and 65 licenses.

➕ On a Personal Note:

When I am not working, I love spending time with my family, playing tennis, and enjoying our beautiful beaches. I am also an active member in Habitat for Humanity, Junior Achievement, and Instride.

I'm also a member of The Society for Financial Awareness, a 501 (c)3 Non-Profit Organization that provides financial literacy to the local Sarasota community.

Affiliations

  • Financial Planning Association

Primary Location

5284 Station Way, Sarasota, FL 34233

Meeting Options

  • Video Conference
  • In-Person
  • Phone
Book Intro Call

Compensation Methods

  • Percentage of Assets Managed

What to expect in the first meeting

Click the 'Book Intro Call' button above and complete the brief form to get in touch. I would love to hear from you and look forward to connecting.

Offers Investment Management

Yes

About our Firm

Wealth management means more than just investment consulting to us at Truadvice Wealth Management.

We like to focus on all aspects of our families’ financial framework. To do so, we must look at all areas of wealth management which means getting beyond investment consulting and into advanced planning and relationship management.

Our goal as your dedicated wealth manager is to convert the money you’ve earned, saved, and invested over the years into consistent progress towards achieving your goals.

Through our personalized approach and time-tested investment strategies, we strive to establish a higher standard of wealth management services that offers you benefits beyond simple investment returns.

How We Serve You:

✅ Retirement Planning: We will help you organize all your financial information, establish goals, and plan for the future. We will continually monitor your progress and make any necessary adjustments to optimize your plan’s success. When you transition to retirement, we will help choose the appropriate Social Security claiming strategy and coordinate the liquidation of your accounts in the most tax-efficient manner.

✅ Estate Planning: Your estate plan will direct how your assets are distributed and identify important roles such as trustees, guardians, and powers of attorney. Without a plan in place, you could lose control of these decisions and pay more tax than is necessary. We will help you establish a sound estate plan and coordinate the implementation with an attorney.

✅ Risk Management: Sound planning requires that you identify potential risks to your plan that could impede your future success. This might entail transferring that risk to an insurance company, to minimize the potential of a catastrophic event. We will guide you in the areas of life insurance, disability, long-term care, and property and casualty coverage.

✅ Tax Planning: Minimizing taxes is key to increasing your wealth. We will coordinate with your CPA to review your current tax return and offer recommendations when necessary. We will manage your assets with tax efficiency in mind and help optimize your retirement distributions by coordinating the liquidation of your accounts.

Education

Bachelor of Arts in Psychology, with a minor in Finance from The University of South Florida

Volunteer Experience

I currently volunteer with Habitat for Humanity, Junior Achievement, and The Society for Financial Awareness.

Hobbies and Interests

  • Animals
  • Basketball
  • Beach
  • Boating
  • Cars
  • Collecting
  • Family
  • Golf
  • Sports
  • Tennis
  • Volunteering
  • Working Out

SEC Lookup

https://adviserinfo.sec.gov/individual/summary/6398192

Who We Serve

  • Baby Boomers
  • Couples
  • Divorce
  • Dual Income Family
  • Healthcare Professionals
  • Investors
  • Living in Retirement
  • Parents
  • Single Women
  • Widow
  • Women in Transition
  • Young Families

To make Wealthtender free for readers, we earn a nominal monthly fee from financial advisors and firms in exchange for providing access to the benefits described here (including being featured on this profile page), subject to these terms. This compensation creates a natural conflict of interest when we favor their promotion over others. Wealthtender is not a client of these advisors or firms. Testimonials may not be representative of other clients’ experiences and do not guarantee future performance or success.

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