David Potter is the Founder and Executive Managing Partner of Platinum Wealth Partners headquartered in Tampa Florida. Over his 20 years of financial industry experience David has held multiple SVP positions at globally recognized firms before launching his own wealth management firm. David holds the Chartered Financial Analyst (CFA) designation.
My approach to investing is that there is no room for prediction and emotion in the investment process. I believe in a rules based approach where a screening process is used to select investments that match a client’s risk profile and long term objectives. What that means is our portfolios are built more on analysis and less on prediction. Success in our portfolios depends on our ability to be disciplined to a process as opposed to correct on a prediction as to where the markets will go.
Before entering the investment industry I became a licensed Accountant and that experience provided me with a deep fundamental understanding of Financial Statements and how to analyze and identify companies that have a high probability of future success. I use those skills in our approach to building portfolios for our clients. By having a process we can suppress our hard wired instinct to make emotional decisions when we are investing. Emotional investing is one of the leading contributors to poor portfolio performance and no investor is immune to making classic human emotion mistakes.
I am currently in the final stages of completing a book on emotional investing and the title of the book is “RECALCULATING”. I titled the book that way because when we are driving in our cars and we turn down the wrong road our GPS will pop up with a message that states recalculating and it will give us a new recommendation on how to achieve our objective of reaching a destination. I believe that we also need a financial GPS which is a system that tells us what changes we should make to our portfolios when economic events occur. My practice is based on managing such a system for our clients. Please watch for my book release and I would be happy to answer any questions you may have on the dangers of emotional investing.
‘Those who have knowledge don’t predict. Those who predict don’t have knowledge.’ -6th Century BC philosopher Lao Tzu
DAVID POTTER, CFA
Chief Executive Officer
Author: David Potter, CFA is the founder and Executive Managing Partner of Platinum Wealth Partners a Registered Investment Advisory firm based in Tampa, Florida. During his 20 year career David has worked with hundreds of Advisors and thousands of investing clients. David’s new book, RECALCULATING, will be available soon. This book will explain the dangers of emotional investing and provide investors with a framework to help individuals aid the damage that your emotions can inflict on your portfolio.
Your Platinum Wealth Partners Advisor provides access to some of the broadest ranges of investment and risk management platforms in the industry, including mutual funds, annuities, life insurance, 401K and portfolio services. There is no special incentive for the Advisor to choose one product over another beyond their belief that it is the most appropriate investment for their clients. At Platinum Wealth Partners, the power of independence means that your financial advisor is able to make the best possible recommendation with only your best interests at heart.
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