David Speck

David Speck

Managing Director - Investments

Phone: 703-739-4501
E-mail:
 

A senior partner at the Speck – Caudron Investment Group of Wachovia Securities, David Speck is a nationally recognized authority in the field of investing and a specialist in individual investment planning and tax-advantaged investments.

David was named one of the top 1,000 advisors in the country and one of the top five advisors in Virginia, in the February 9, 2009 issue of Barron’s1.  In 1988 he was named one of ten outstanding brokers in the United States by Registered Representative magazine2, the trade journal of the brokerage industry—an honor an individual can receive only once.  In December 2004, he was named to Research magazine’s 2004 Advisor Hall of Fame3.  This prestigious honor is awarded to only five financial advisors nationwide each year.  He was also named one of Virginia’s top financial advisors in Virginia Business magazine4.  His work with individual and corporate investors has been cited in The Washington Post, Wall Street Journal, USA Today, Kiplinger’s Personal Finance Magazine, and on numerous television and radio programs.  He is the author of College Savings Rx: Investment Prescriptions for a Healthy College Fund (3rd edition, Octameron Publishing, 2004).

Among his community activities, David is a founding trustee of the Robert S. Rixse Foundation and serves as a director of Carpenter’s Shelter, the Alexandria Capital Development Foundation, the Alexandria Community Trust (ACT) and the Northern Virginia Conservation Trust.

David is also the Regional Chairman of the Sorensen Institute for Political Leadership at the University of Virginia.  He is a former chairman of the Alexandria Health Services Corporation and secretary-treasurer of the Alexandria Chamber of Commerce.

In addition to his other community activities, David served as a member of the Alexandria City Council from 1991-94 and 1996-2003, and was previously a member of the Virginia House of Delegates.  He currently serves on the board of directors of the Metropolitan Washington Airports Authority.

David attended the University of Virginia and received his bachelor’s, master’s and doctoral degrees from The George Washington University, where he was also member of the administration and faculty for ten years.  He is a graduate of the Securities Industry Institute of The Wharton School and served as a faculty member of the Institute from 1988-2001.

1The number of advisors shown for each state is based on the total population of the state, so larger states have larger listings. The rankings reflect assets under management, revenues, quality of the advisors' practices and other factors. Total assets are all assets overseen by the advisor’s team, including some that are held at other institutions. Assets managed for institutions are given less weight in the scoring. Portfolio performance is not a criterion because most advisors do not have audited track records. Criteria was based on more than 3000 filtered nominations from more than 100 investment, insurance, banking and other related independent financial service firms.
2Criteria was based on: 1) Superior performance in money management, client service, business building and philanthropic activities; and 2) Acknowledged peer recognition and respect.
3Candidates who pass our rigorous screens have served a minimum of 15 years in the industry, have acquired substantial assets under management, demonstrate superior client service and have earned recognition from their peers and the broader community for the honor they reflect on their profession.
4Rankings were based on quantitative and qualitative criteria as well as by examining regulatory records and talking with peers, supervisors, clients and the advisors themselves. Portfolio performance is not a criterion because most advisors do not have audited track records.