David A Deegan
Wealth Management Advisor|MBA, CLU®, ChFC®, CASL®
Personal
I grew up as the middle child of three boys in Romeoville, IL. My service in the Navy encouraged me to appreciate hard work and relationships, which influences decisions I make daily in my financial planning practice. I live in Glen Ellyn with my wife Christy and five daughters that consistently keep us on our toes.
“I have no hesitation asking the tough questions of my clients. I am always asking what is most important to them and what they want to see happen in their lifetime so that we can figure out how to get them there. I love that asking those questions and being a trusted resource is how I get to provide for my own family.”
Professional
My professional background puts me in a unique position as an advisor, specifically to business owners and human resources professionals operating in the engineering & manufacturing industries. I began his career in the Navy, serving four years at Naval Air Station Barber’s Point in Hawaii as an Aircraft Electrician. After being Honorably Discharged as a Second Class Petty Officer in 1990, I completed a B.S. in General Engineering at the University of Illinois Urbana-Champaign in 1994 and later my MBA from DePaul University in 2002. After over ten years in the engineering world, I launched his financial planning practice.
“The opportunity to build lifelong relationships educating my clients, saving them valuable time and energy so that they can spend more time with their families, and helping them make wise decisions about their wealth was too attractive to pass up.”
I values the opportunity to be a resource to small businesses that typically don’t get the service they deserve. By providing a full spectrum of individual & group insurance planning, retirements benefits, executive benefits and strategic financial planning, I work to simplify the lives of business owners and their valued employees. I also enjoys the opportunity to serve individual families not only by helping them execute their financial planning to achieve their goals, but also by helping them leverage other needed professionals with whom my team and I have built great relationships.
Awards and Recognition
- Million Dollar Round Table Qualifying Member 2009
- 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
- National Association of Insurance and Financial Advisors Quality Award 2011-2014
- Award recognizing commitment to excellence in service to clients and industry
- National Quality Award 2007-2010
- Award recognizing persistency and performance
- National Sales Achievement Award 2008, 2010
- Award recognizing performance
Lending a hand in my community.
As part of Northwestern Mutual, I'm proud to help accelerate the search for better childhood cancer treatments while supporting families undergoing treatment, and survivors from late effects. 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.
Mission Trips
Every other year we take our family on a mission trip over Spring Break to help kids in need. We have gone to Honduras, Guatemala, Puerto Rico and the Dominican Republic with our kids, and my wife Christy has also volunteered in Ethiopia and Thailand while on a year long sabbatical.
Work In The Schools
I also volunteer time with WITS (Work In The Schools) mentoring kids and helping with reading and homework; am a member of the American Legion and coach kids softball and basketball.
Here are my areas of expertise
Advisory Services
Financial Planning
Business Planning & Succession
Retirement Planning & Income Strategies
Wealth Management
Insurance Protection Strategies
Life Insurance Strategies
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.
