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Rowland Carmichael: Scottsdale Wealth Managers


David Carmichael

David Carmichael

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B.S., Business Administration
and Marketing, 1980
Brigham Young University


David Carmichael provides wealth management and investment advisory services to families, individual investors, corporations and qualified retirement plans. In leading Rowland Carmichael’s Investment Committee, he provides research and due diligence on investments. In addition, he leads a wealth management team and oversees the firm’s day-to-day operations.

David is licensed in life, disability and long-term care insurance.

Prior to co-founding Rowland Carmichael, David provided personal and business investment counsel to owners of closely held corporations. His ability to effectively communicate with people stems from six years of experience in sales and management with Southwestern Publishing Company and Xerox Corporation.

David has been active in civic and community affairs and building character in young men through 25 years of service with Boy Scouts of America. He previously served on the board of the Arizona Agricultural Education Foundation and was public relations director for the Philippines Manila Mission.

When David is not working, he enjoys scuba diving, riding quads at the Yuma sand dunes, mountain biking, and spending time with his family. David and his wife Liane live in Gilbert and have six children and 11 grandchildren.

Why I Became a Wealth Manager

"As a young man working on the family farm in 115-degree weather, I determined there must be a better way to make a living. Eventually I learned that, with proper planning and investing, it was possible to live on one’s investment earnings, rather than working for a wage. I also learned that investors would pay a fee for sound investment advice that would help them achieve important life goals. I became a financial advisor to provide this investment advice to others while investing my own growing wealth in the same manner."

How I Am Different from Other Wealth Managers

"I research the risk-versus-reward characteristics of every investment opportunity, and I subject every opportunity to this critical standard: 'Is this something in which I would invest my own money?' Many times the best investment opportunities for a client involve commitments of time and effort that some advisors are not willing to make, but I truly care about my clients, and their interests always come first."

What I Most Enjoy About My Work

"The greatest reward I receive is seeing my clients retire with the confidence to enjoy their retirement years, live their dreams, and not have to worry about outliving their money."