David Goodson, CPA, CFA — ProffittGoodson

David N. Goodson, CFA
Co-founder, Senior Advisor

David Goodson has more than 35 years of experience working with wealthy families and foundations on a broad range of investment issues, including security selection, portfolio design, and implementation of investment management best practices. As the firm’s Chief Investment Officer, he plays a key role in determining asset allocation and investment strategies for the firm.

Prior to forming Proffitt & Goodson, Inc. in 1986, David was a financial consultant with Shearson Lehman Brothers, Inc., providing financial consulting and investment advice to high-net-worth individuals, foundations, and corporations.

David earned a BS and an MBA in economics and finance from the University of Tennessee, Knoxville.

He is a Chartered Financial Analyst charter holder and a member of the CFA Institute, a global association of investment professionals who hold the Chartered Financial Analyst designation. He also is a member of the American Institute of Certified Public Accountants (CPA-Inactive)

David has served in various community roles over the years. He is currently a board member and the investment committee chair for the Holston Foundation, a board member and treasurer of Scenic Knoxville, Inc., and the chair of the Church Street UMC Endowment Committee.

Recent Posts By David

Featured

Jan 8, 2021

2021 Tax and Planning Update

Jan 8, 2021

Post U.S. Election, stocks notched record one-month gains. The election news was quickly drowned out by encouraging vaccine developments, reminding us that dealing with the health and economic crises will continue to trump politics (pun intended).

The markets continue to reward those who commit to a good long-term strategy, even when it seems the world, at times, is falling apart. Global stocks fell over 31% at the low point in March. Now, global stocks are up over 12% YTD, including dividends. The incredible volatility this year reminds us that successful investing doesn’t depend on timing the markets but on finding a strategy that you can stick with.

As the year comes to an end, it’s a good idea to review year-end planning. We discuss waived rules on IRA distributions, Roth conversions, basic gifting, and estate planning.

Jan 8, 2021

Apr 7, 2020

A Dose of Perspective

Apr 7, 2020

As COVID-19 creates havoc in the markets, it’s easy to lose a rational perspective and let your worst instincts prevail. In this note, we put some historical context around the current market selloff.

Apr 7, 2020

Oct 9, 2019

The Race to Zero: Is Anything Really Free?

Oct 9, 2019

Schwab and other brokers recently reduced commission costs to zero for online trades. Does this mean that brokerage services are really free?

Oct 9, 2019

For more posts like these, visit our blog page.

David N. Goodson, CFACo-founder, Senior Advisor

Recent Posts By David

David N. Goodson, CFA
Co-founder, Senior Advisor