David Johnston | Source | Managing Partner at Amwell Ridge Wealth Management

DJ

David Johnston

Managing Partner at Amwell Ridge Wealth Management
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David Johnston, CFP is the managing partner of Amwell Ridge Wealth Management and a Certified Financial Planner™. He built the firm around the fundamental belief that a proper financial plan begins with risk management, infuses innovative, enhanced diversification within an investment portfolio, and provides for an efficient transfer of wealth to the next generation. Johnston earned a BS in finance from the College of New Jersey. Mr. Johnston holds Series 6, 7, 63 and 65 licenses.

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  • Smart Investing Amid Market Volatility: Expert Insights
    David advises continuing 401(k) contributions, highlighting the benefits of "systematic investing." Near-retirees should maintain liquidity and avoid equity-heavy portfolios. He suggests staying the course, as "market dips offer buying opportunities." Historical data shows missing rebounds can be costly. David warns against emotional decisions and encourages young investors to capitalize on corrections, recommending they "turn off the TV" to avoid stress.
  • Building Wealth Post-Graduation: Expert Tips Amid Student Debt
    David highlights the impact of student debt on discretionary income and retirement savings. He suggests STEM, healthcare, and business fields for high ROI careers. Graduates should maintain timely loan payments, budget wisely, and consider additional income sources. "Eradicating debt is the most impactful action you can take," he advises for financial growth.
  • Donor-Advised Funds vs. Private Foundations: Expert Insights
    David shares that donor-advised funds (DAFs) are preferred for their "lower administrative burden, reduced costs, and favorable tax treatment." He notes private foundations suit those with over $10 million in assets. DAFs allow cash donations up to 60% of AGI, compared to 30% for foundations, which require legal setup and annual asset distribution.