David J. Carroll, MST
Managing Director
Palo Alto
BIO
David Carroll specializes in wealth transfer life insurance and the design, implementation, and monitoring of large life insurance portfolios. His clients are senior executives and shareholders of private and publicly held companies, prominent families with inherited wealth, and several are Forbes 400 families.
David has roughly 20 years of experience specializing in advising high net worth families in the area of estate planning and generational wealth transfer strategies. Before joining Financial Architects Partners, he was with another national firm working with ultra affluent clients and their advisors. He began his career at John Hancock Life Insurance Company where he spent more than 10 years focused on life company investments, systems, and insurance distribution. In 2021 David was voted by Forbes to the Top Financial Security Professionals list, ranking in the top 5 nationally.
David is a member of the Boston Estate Planning Council and has formerly served on the Council's Speakers Bureau. He has been a national conference presenter for both the M Financial Group and National Financial Partners (NFP) on a variety of industry related topics. Additionally, he has been a speaker at the Boston Bar Association Brown Bag lunch series and Boston University Law School's Taxation Program. He is also the former Chairman of the Board for the West Suburban YMCA in Newton, Massachusetts, and previously served on its Board of Directors. David splits time between homes in Palo Alto, CA and Narragansett, RI with his wife and four children.
EDUCATION
Master of Science in Taxation, Northeastern University Graduate School of Professional Accounting
Artis Baccalaureate, Harvard University
CONTACT
260 Sheridan Avenue
Suite 210
Palo Alto, CA 94306
p: 650-252-1700
David W. Freeley
Managing Director
Boston
BIO
Dave Freeley began his career at Sun Life of Canada's US Headquarters, where over a five year period he held positions in product development, marketing and the advanced sales planning group. After leaving Sun Life, Dave was a member of the M Financial Group, planning exclusively for high net worth families.
Dave left the M Group to start and run a very successful private client group for a national executive benefits firm. Dave ultimately spun that group out and merged it with David Carroll's practice to form Financial Architects Partners; by doing so, he created one of the largest firms of its kind in the United States.
Dave is on the Board of Overseers at Brigham & Women's Hospital. He is also a past trustee of the Catholic School Foundation in Boston and is active in many charities. Dave lives with his twins in Norwell, MA.
EDUCATION
Degree in Liberal Arts, Massachusetts College of Liberal Arts
CONTACT
265 Franklin St. Ste 1102
Boston, MA 02110
617-259-1900
Jeffrey M. Ostrum, CFP®
Managing Director
Palo Alto
BIO
Jeff Ostrum is the Managing Principal of the FAP West Coast operation based in Palo Alto and has been with the firm for 20 years. In 2006 he relocated to Palo Alto where he and his team now actively manage large life insurance portfolios for approximately 175 families. Jeff is grateful for his advisor partnerships in the community, as he is often referred to families by their estate planning attorneys, family offices, tax planners, and wealth managers. They ask FAP to evaluate existing policies and share ideas on new planning strategies that help families protect, preserve, and transfer wealth.
He often presents at national industry events and is routinely engaged by other life insurance professionals to manage their most complex client matters. He has presented multiple times at the Jerry A. Kasner Estate Planning Symposium and the Annual Meeting of the CA Tax Bar and CA Tax Policy Conference.
Jeff is a Certified Financial Planner™ professional, and a member of the San Francisco Estate Planning Council. Outside of FAP, he skis, hikes, and bikes, and avidly follows Boston sports teams with his son, who is a college freshman. He serves on the Board for Project Cornerstone of Silicon Valley (YMCA) and Mentor Tutor Connection (as Treasurer) and is passionate about impacting youth in Bay Area Communities. Jeff is also a proud supporter of the Melanoma Program (and SUNSPORT) at the Stanford Cancer Center and the San Francisco Foundation. Thirty years ago (1992) Jeff completed a cross country bicycle trip from San Francisco to Washington D.C., covering 3,800 miles in 35 days.
EDUCATION
CFP®, Boston University
Bachelor of Arts in Marketing, Bentley University
CONTACT
260 Sheridan Avenue
Suite 210
Palo Alto, CA 94306
650-252-1700
John R. Gilmartin
Senior Vice President
Boston
BIO
John Gilmartin joined the firm in 2000 as Director of Design & Marketing. He was responsible for developing our proprietary administration platform, AdminPro™, and supporting the development of a marketing presence in Boston. John has been involved with many of the tools, processes, and procedures that promote an efficient organization while upholding the highest best practice standards. In 2005, John transitioned into his current role of Principal. He now manages the firm's daily operations while facilitating the strategic plans of the management team. He works closely with the other principals and department heads of FAP to oversee workflow and process, managing the efficiency and scale of our business.
Additionally, John is responsible for establishing and maintaining relationships with the nation's top tier carriers, ensuring that they understand our unique business model and the clients that we represent.
Prior to joining Financial Architects Partners, John spent seven years with John Hancock in their Systems, Marketing, and Software Distribution departments. John holds the Chartered Life Underwriter designation from The American College.
John resides in South Boston with his wife and two children.
EDUCATION
Bachelor of Science in Industrial Engineering, University of Massachusetts, Amherst
CONTACT
265 Franklin St. Ste 1102
Boston, MA 02110
617-259-1900
Keith A. Tobias, CPA
Private Client Director
Los Angeles
BIO
Keith heads the Los Angeles Office for FAP, specializing in design, funding and consulting on large Corporate, Partnership, Trusts and Not-for-Profit firms. Keith has over 35 years of experience with executive benefits and unique uses of life insurance to fund corporate liabilities.
Keith has been active as an advisor to corporations and affluent families for over 35 years. Starting his career as a “Big 8” CPA, Keith and his partners founded an international executive compensation, benefit and corporate insurance practice, serving over 70 public and private corporations.
After selling his company in 1999, Keith kept a select group of clients. During a fortuitous due diligence engagement for a large corporate executive benefit plan, Keith met David Carroll and David Freeley. Impressed with FAP's standing in their profession, its process, resources and professionalism, he accepted a position as Managing Director in 2012.
Keith is member of the Pepperdine University Board of Visitors and is active in various charities and in civic matters in La Cañada Flintridge, California, where he and his wife Tracy raised their three children and currently reside.
EDUCATION
Degree in Business Economics from University of California at Santa Barbara
CONTACT
Financial Architects Partners
633 West Fifth Street
Los Angeles, CA 90071
213-817-7235
Richard D. Worrell, JD, LLM
Private Client Director
Providence
BIO
Rick Worrell is a Private Client Director at Financial Architects Partners based in Providence, Rhode Island. He practiced law for 7 years and was a tax consultant with KPMG prior to entering the field of Life Insurance and Retirement planning. Rick's extensive legal accomplishments and considerable consulting experience make him an asset in his role of developing and maintaining relationships with current and prospective clients.
Rick has always been active in Rhode Island public life and is a former member of the American and Rhode Island Bar Associations. He was elected to the Providence City Council where he served 6 years until he was appointed Chairman of the Providence Bureau of Licenses. He is currently a trustee of the Conservation Law Foundation and a member of the Advisory Board of Common Cause of Rhode Island. Rick also serves as a Commissioner of the Rhode Island Narragansett Bay Commission. In addition to all of this, Rick has also authored several articles on pension and profit sharing plans.
EDUCATION
LL.M. (Taxation), Boston University School of Law Graduate Tax Program
J.D., Boston University Law School
Bachelor of Arts in English, Dartmouth College
CONTACT
42 Weybosset Street
Penthouse
Providence, RI 02903
401-757-6400