Welcome

As a financial advisor with more than three decades of experience, I design and implement tailored financial blueprints for successful professionals and their families. My foremost responsibility is to help my clients maximize the financial rewards from their successful careers. Acting as the chief financial officer of the Sack Group and following a personalized process have allowed me to establish long-term relationships with my clients.

I believe that providing customized financial advice can only occur after I have a complete understanding of each client’s individual situation and what they want to accomplish with their affluence. The more I understand, the better I am able to deliver a range of investment and wealth management strategies designed to help meet today’s needs and realize future goals. To accomplish this, I rely on a collaborative, mutual relationship with my clients.

I'm proud to introduce my team, which is comprised of talented and responsive individuals working in partnership to provide superb service for our clients. This site additionally offers insight into our wealth management philosophy as to who we are and the services we provide. When clients understand us intimately, we believe that our ability to forge a mutually beneficial and long-lasting relationship is exponentially enhanced.

Sincerely,
David L. Sack
Services Include
  • Wealth Management1
  • Professional Portfolio Management2
  • Estate Planning Strategies3
  • Asset Management4
  • Cash Management and Lending Products5
  • Corporate Investment Solutions6
  • Qualified Retirement Plans7
  • 401(k) Rollovers
Check the background of Our Firm and Investment Professional on FINRA's BrokerCheck.*
  • Our Mission
    With integrity, honesty and transparency, we build and implement a customized financial blueprint based on the life goals and unique circumstances of each client. We work to simplify today’s complex wealth management issues by combining our experience, knowledge and discipline. Above all, we help clients work toward financial independence for both present and future generations.

    “ WEALTH IS NOT AN END
    IN ITSELF. IT IS SIMPLY
    THE MEANS BY WHICH
    YOU CAN ACHIEVE GREAT
    THINGS FOR YOURSELF
    AND YOUR FAMILY.”
  • Our Philosophy
    We take our responsibilities seriously, and our constant availability to you reflects our steadfast commitment to our work. Each client is unique, and so are the relationships that we form.

    A customized financial blueprint is created for every client. While each financial plan is individualized, they build upon the same solid foundation — preservation of wealth while growing assets.

    Our clients understand that wealth is not an end in itself. It is simply the means by which you can achieve great things for yourself and your family.

    By helping clients manage their wealth in a manner consistent with their families’ interests, they are better equipped to realize their goals and allay some of their greatest fears.

    Recommendations are made to you only after we have completed a thorough diagnosis of your situation. Because the quality of a financial product or service has a direct effect on the realization of your financial objectives, as well as on our credibility and reputation, only high-quality financial products and services are recommended.
Wealth management is not just about finances. As wealth managers, it’s about understanding our clients’ situation, knowing what they would like to accomplish with their affluence and helping them manage the complex issues raised by substantial wealth.
  • Lifestyle
    We will have conversations about our clients’ current lifestyle as well as the lifestyle to which they aspire. We will talk about their cash flow and future spending obligations, retirement planning, education funding, wealth transfer to heirs and philanthropy. We combine our exceptional knowledge of the financial aspects of managing family wealth with extraordinary sensitivity to wealth’s psychological and interpersonal effects.
  • Liabilities
    The liability side of our clients’ balance sheet is no less significant than investing. Borrowing, when done wisely, can help them realize possibilities they might otherwise not have recognized. Working along with our Firm’s lending specialists, we can show them strategies that can help fund their needs without liquidating assets, sacrificing income or paying gift taxes.
  • Risk
    Recognizing whether our clients’ have too much or not enough risk exposure is another core element we will discuss. Risk-management topics we discuss with clients include diversifying to help smooth the volatility in their portfolio, helping to protect their family from less-than-ideal decisions by engaging an impartial trustee or executor, and even helping them address fraud activity and protect their identity. Our asset allocation advice is designed to help clients achieve their financial goals while helping to reduce risk.
  • Investment
    Asset management goes beyond investment performance. Based on our clients’ financial status today, we will calculate the returns necessary to help them achieve their target and craft an investment program designed to help them reach it. We believe that by providing our clients with first-class wealth management advice and personalized service, we can make a major difference in their ability to reach the objectives most important to them and their family. At the Sack Group, we realize that every client relationship is unique and that you deserve an advisor who will understand what differentiates you from other investors, and develop a strategy tailored to your individual needs. Whether you seek to accumulate assets, preserve capital, generate income or transfer wealth to your loved ones, you can be confident that the Sack Group will develop a strategy that conforms to your needs and objectives and exceeds your expectations.
Today’s investment environment is complex and the thought of sifting through thousands of available investments can be overwhelming. Most individual investors simply do not have the time or experience to gather and analyze all the data necessary to make informed investment decisions.

As their lives evolve, not only do their financial plans get more complex, but their options for implementation increase as well. Frequently weighing these options and choosing wisely among them requires more time and expertise than most have to give.
  • Focusing on Individuals, Not Just Markets
    The relationship we establish is based on much more than stocks and bonds. It’s a life-planning relationship, one that responds and changes as the events in their lives change. Consistent with the highly individual needs of many of our clients, we provide a level of personalized portfolio management typically reserved for major institutions.

    Each client portfolio is individually managed and designed to meet our clients’ unique needs. Whether they are saving for their child’s education, planning their own retirement or preserving their estate for their heirs, ongoing communication with us helps ensure that their portfolio is adjusted as circumstances in their lives may require.
  • It’s Our Clients’ Future, Not Just Their Money
    We work closely with our clients, while maintaining the focus and discipline needed to guide their portfolio through the most challenging markets. After all, this isn’t just about their money or an immediate fix to a shorter-term problem. It’s about a commitment to their future.

    What’s more, they’ll find that our experience, training and investment philosophy will prove to be valuable, not only in managing their portfolio but also in helping them understand risk and in keeping their long-term goals in view.
  • Global Resources Address Individual Needs
    We not only study the events that shape our clients’ lives and financial goals, but also those trends and developments that shape the global investment environment, drive our economy and ultimately impact their portfolio’s performance.
There are no easy formulas when investing. However, it is fair to say that the chances for successful, long-term results can be enhanced when working with an experienced Financial Advisor. I genuinely care about my clients, and this is demonstrated by long-lasting relationships. As you are aware, successful business relationships do not just exist, they are created and cultivated through hard work and good communication. I look forward to both with you.
  • Clients’ interests are paramount
    We are in business to help clients achieve their financial goals. Only by creating an environment in which their needs come first can we help them define and reach those goals.
  • Focus on long-term relationships
    We recognize that we must provide personalized service that reaches beyond any single transaction. To that end, we work to build and maintain long-term relationships with our clients and their families. We conscientiously allow ample time to understand the needs of our clients.
  • Know and anticipate our clients’ changing needs
    As sound as our clients’ financial plans may be, their plans must be flexible enough to meet their changing lifestyles. Our clients’ plans must evolve with them as they reach milestones, such as marriage, parenthood, career achievements and retirement.
  • Be realistic with clients’ needs and goals
    We believe that investing is a long-term process, not a series of short-term events. Part of our responsibility is to help our clients be realistic about their expectations for short-term returns so that we may help them achieve their long-range goals.
  • Treat each client with respect and courtesy
    Our most important product is integrity. Developing our clients’ trust is the cornerstone of our team’s business. Our clients should expect the highest level of courtesy, respect and professionalism from each member of our team.
  • Respond to inquiries quickly and efficiently
    Quality is not perfection, but rather, the dedication to perfection. Our commitment to quality requires that we go the extra mile to answer every inquiry and resolve any concern quickly and efficiently.
  • Global Resources Address Individual Needs
    We not only study the events that shape our clients’ lives and financial goals, but also those trends and developments that shape the global investment environment, drive our economy and ultimately impact their portfolio’s performance.

Location

522 5th Avenue
11th Floor
New York, NY 10036
US
Direct:
(212) 230-3647(212) 230-3647
Toll Free:
(800) 654-1557(800) 654-1557

Meet The Sack Group

Photo of David L Sack

David L Sack

Managing Director, Wealth Management, Financial Advisor, Family Wealth Director, Portfolio Management Director

Phone:
(212) 230-3647(212) 230-3647

About Me

“Every Client Relationship is unique and you deserve a partner who will understand what differentiates you from other investors”

After more than three decades in the financial services industry, David still firmly believes that listening carefully to clients as they talk about their goals, values, aspirations and concerns is instrumental in building long-term relationships, as well as helping clients meet their specific goals. His success and longevity in the industry and steadfast commitment to exceptional client service is evident in the intergenerational relationships he has cultivated with his clients and their families. David focuses on developing comprehensive wealth management strategies. As the team’s strategist, David acts as the chief financial officer and portfolio manager, while overseeing all portfolio management decisions. With a full understanding of each client’s tolerance for risk and time horizon, he builds a financial blueprint to help clients obtain their financial goals. His blueprint methodology is designed to weather turbulent markets and down-market cycles, and enables him to apply hard-earned wisdom and a pragmatic approach to his decision-making. He has a Bachelor of Science in Economics from Hampshire College and is fully registered to sell securities and provide investment advice. For 21 years, he has been a member of Morgan Stanley’s Chairman’s Council,* which recognizes top Financial Advisors who demonstrate the highest level of professionalism and client service and have an extended tenure at our Firm. David along with Suzanne, his wife of 27 years, are avid boaters and enjoy maintaining their homestead in Connecticut.

*Includes years at Smith Barney, affiliates and predecessor firms
Securities Agent: AL, AZ, CA, CO, CT, DC, DE, FL, GA, IL, MA, MD, ME, MI, MN, MO, NC, NH, NJ, NY, OH, OR, PA, RI, SC, TX, VA, VT, WA, WI; Investment Advisor Representative; BM/Supervisor; General Securities Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1268343

About Me

Dawn, who has been in the financial services industry for more than twenty years, over fifteen of which have been with The Sack Group, is the team’s key point of contact. She interfaces with its diverse set of clientele, seamlessly and efficiently managing all operational and administrative aspects of the many client requests that come her way. Her eye for detail, organizational skills, and proactive work ethic are integral to the team dynamic, and with almost two decades of experience with the group, she is also a vital source of insight with regards to each client’s unique financial picture. She holds the Series 7/63/65 and Series 9/10 licenses, and has been a registered securities representative since 1994. A native New Yorker with strong community ties, Dawn is married and has two children, Harrison and Allison. Her hobbies include taking full advantage of all New York has to offer, including dining at five star restaurants.

About Me

Bruce joined The Sack Group in January 2007 and heads the team’s institutional investments. As the leading relationship manager for many of the corporate retirement accounts, he has earned the trust of business executives across the Northeastern region of the US, crafting personalized retirement and non-retirement portfolios for individuals and companies. Having spent over a decade with the team’s diverse set of clientele, he is intimately familiar with our clients’ numerous challenges, goals, and unique perspectives, which also makes him a strong resource for advice regarding 401(k) plans and participant rollovers. Bruce graduated from the University of Tampa with a Bachelor of Science in Finance and has been a registered securities representative since 2008. In his free time, he enjoys surfing and spending time with his wife, daughter, and friends in his native New Jersey.
Securities Agent: AZ, CA, CO, CT, DC, DE, FL, GA, IL, MA, MD, ME, MI, MN, MO, NC, NH, NJ, NY, OH, OR, PA, RI, SC, TX, VA, VT, WA, WI; General Securities Representative

About Me

Sam joined The Sack Group in 2015 with four years of experience covering global equity, fixed income, and over the counter derivative products for the Connecticut-based alternative investment firm, Tudor Investment Corporation. Marrying such insight with an enthusiasm for upholding the group’s legacy of delivering first class service, he has become a key portfolio manager, skilled in communicating the often complex language of asset management to a range of unique investors. A graduate of Gettysburg College in Pennsylvania, he holds a B.S. in Economics and was a member of the National Economics Honor Society, Omicron Delta Epsilon. Sam was born in New York City and grew up in the surrounding area. When he isn’t working for our clients, he enjoys keeping bees at his home in Connecticut.
Securities Agent, Investment Advisor Representative, General Securities Representative; AZ; CA; CO; CT; DC; DE; FL; GA; HI; IL; MA; MD; ME; MI; MN; MO; NC; NH; NJ; NY; OH; OR; PA; RI; SC; TN; TX; VA; VT; WA; WI
NMLS#: 1751504

About Me

Offering a diverse set of experiences in West Coast start-up companies, Elle entered the private wealth sector in 2016 and The Sack Group in 2018. Directly prior to joining Morgan Stanley she was an advisor at Raymond James, where she specialized in fund manager due diligence and client relationship management. She now supports the team’s growth initiatives and manages its operational infrastructure. She earned a B.A. in ethnographic research and analysis from UCLA in 2012, and in 2018 was recognized as a Riordan MBA Fellow by the UCLA Anderson School of Management. She is a fully licensed associate who holds the Series 7/66. Among her hobbies are developing young professionals, practicing yoga, and travelling.
Investment and Market Perspectives

On the Markets

Retirement

Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
  • 401(k) Rollovers
  • IRA Plans
  • Retirement Income Strategies
  • Retirement Plan Participants
  • Annuities
The Simple Six-Step Retirement Checkup

The Simple Six-Step Retirement Checkup

Given market volatility in 2018, checking in on your retirement plan may be one of the wisest New Year’s resolutions you can make.

Investing

Working closely with you to guide your wealth and investments through the most challenging market cycles.
  • Asset Management
  • Wealth Planning
  • Traditional Investments
  • Alternative Investments
  • Impact Investing
Five Smart Strategies to Use a Bonus or Raise

Five Smart Strategies to Use a Bonus or Raise

Have extra money coming in? Here are ways to put your money to work for you now, so you can reap the rewards down the road.

Family

Creating customized financial strategies for the challenges that today's families face.
  • Estate Planning Strategies
  • 529 Plans / Education Savings Planning
  • Long Term Care Insurance
  • Special Needs Planning
  • Trust Services
Financial Transition: A Guide for Women

Financial Transition: A Guide for Women

Here's how to take control of your finances if a death or divorce leaves you holding the reins.

Business Planning

Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
  • Succession Planning
  • Business Planning
  • Retirement Plan Sponsors
  • Qualified Retirement Plans
  • Corporate Pension Funds
6 Keys to Building a Startup

6 Keys to Building a Startup

Entrepreneurs share ideas and learnings from the experience of starting a company.

Philanthropy

Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
  • Endowments
  • Foundations
  • Donor Advised Funds
  • Impact Investing
A New Roadmap for Mission Alignment

A New Roadmap for Mission Alignment

Non-profits, foundations and endowments need to ensure that their sources of capital are in sync with their stated goals.

Insights and Outcomes

Thought Leadership for our ultra high net worth clients, which contains thought-provoking articles, authored by leading experts from Morgan Stanley Family Office Resources.
Art as An Asset
CRC 2274738 01/19

Art as An Asset

Art may play a significant role in the context of a collector's overall wealth. Generally, a collector may differentiate financial assets, including stocks, bonds and real estate, from other possessions, such as art.

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Ready to start a conversation? Contact The Sack Group today.
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CRC 2019752 10/2018