David E Beaman
Wealth Management Advisor|CFP®, ChFC®, CLU®
Personal
David grew up in Central Illinois and relocated to the Saint Louis area after graduating from the University of Arkansas with a Bachelor of Science in Business. He and his wife, Kim, have three beautiful (almost grown) children, Ryan, Tyler, and Megan, and an Australian Shepard named Finley.
In his free time David enjoys hanging out with his family, golfing, skiing, hiking and rooting for all things Razorbacks.
Professional
David began his career with Northwestern Mutual in July 1991 to focus his career and client guidance on complex estate, tax, and business planning. David has nearly 30 years of experience and is dedicated to his own professional growth, and has achieved his CFP®, ChFC®, and CLU® designations. David also holds his SIE, Series 7, Series 66, Series 6, and Series 63, as well as Life, Health and Long Term Care licenses.
Associations and Memberships
- National Association of Insurance and Financial Advisors
- President NAIFA, St. Louis Chapter (2016-2017)
- Board Member NAIFA, St. Louis Chapter (2013-2018)
- NAIFA President
Awards and Recognition
- Million Dollar Round Table Qualifying/Life Member 2011
- MDRT is the premier association of financial professionals. MDRT status designation is granted for one year and members must apply every year to continue their affiliation with the MDRT
Licenses & Designations
The Chartered Life Underwriter (CLU®) designation has long been recognized as the fundamental and foremost educational credential for life insurance professionals. Since 1927, more than 94,000 individuals have earned their CLU®, helping them build a successful life insurance practice by providing clients with knowledgeable and ethical advice. For financial representatives, field management, home office personnel, and others involved in providing life insurance products to the public, the CLU® designation symbolizes continuing growth and commitment to professionalism.
The Chartered Financial Consultant (ChFC®) designation covers a must-have list of requirements for financial advisors, from knowledge on tax and retirement planning to special needs advising, wealth management, insurance, and more. Those who earn the designation are understood to be knowledgeable in financial matters and to have the ability to provide sound advice.
The CERTIFIED FINANCIAL PLANNER™ (CFP®) Professional certification is one of the most recognized financial planning marks in the world. The certification identifies to the public those individuals who have met rigorous professional standards and have agreed to adhere to the principles of integrity, objectivity, competence, fairness, confidentiality, professionalism, and diligence when dealing with clients. The certification differs from an educational designation or state license in that it is based upon requirements that have been determined by extensive job analyses of actual practitioners in the field, and therefore, continue to evolve with the profession. The certification prepares the financial services professional for a career-long commitment to meeting the ever-changing financial needs of clients.
Lending a hand in my community.
One of our values here at Northwestern Mutual is generosity. My team and I are proud to help accelerate the search for better childhood cancer treatments while supporting families undergoing treatment, and survivors from late effects. We also take a lot of pride in supporting The Kaufman Fund every year to assist Veterans right here in our St. Louis community. Through this fund we are able to help provide veterans and children with food, clothes, basic and medical needs, and much more.
Here are some of the organizations we partner with:
Alex's Lemonade Stand Foundation for Childhood Cancer (ALSF)
ALSF funds cancer research, raises awareness, and supports the families of children with cancer. Since 2012, Northwestern Mutual, its employees, and financial professionals like me have donated more than $20 million to support ALSF and fund over 400,000 research hours.
The Kaufman Fund
The Kaufman Fund supports St. Louis area Veterans and children who are at risk of abuse or poverty, needing food, shelter, clothing, medical care and basic needs. All funds raised stay in the St. Louis region to support their mission. David and his team support The Kaufman Fund every year in hopes of helping Veterans in our community who are struggling and need assistance.
Here are my areas of expertise
Financial Planning
Insurance Protection Strategies
Life Insurance Strategies
Retirement Planning & Income Strategies
Education Planning & Funding
Disability Planning
Multigenerational Planning
Estate Planning
How Northwestern Mutual helps you live the life you want.
When people feel better about their money, good things happen—they become more confident and feel more secure. For more than 160 years, Northwestern Mutual has helped people achieve the financial flexibility they need to live more and worry less.
Being a mutual company means Northwestern Mutual reports to its clients, not Wall Street. They don't believe in chasing fads or taking undue risk for short-term gains. Instead, they take a long-term approach—both in the way we help people plan to reach their goals, and in the way they do business. This has served their clients (and mine) well through all kinds of economic ups and downs, including wars, recessions, even the recent pandemic.
It's why I'm happy to be part of a company that's in it for the long-haul and prioritizes clients over profit.
