David J. Carroll, MST

Principal, CEO

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.

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 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 401
Palo Alto, CA 94306
p: 650-252-1700

David W. Freeley

Principal, President

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

Prudential Tower
800 Boylston Street, 26th Floor
Boston, MA 02199
617-259-1900

Jeffrey M. Ostrum, CFP®

Managing Principal

Palo Alto

 

BIO

Jeff Ostrum is the Managing Principal of the FAP West Coast operation based in Palo Alto. He relocated from the Boston office in 2006, and now he and his team actively manage large life insurance portfolios for approximately 100 families.  Jeff is often referred to families by their estate planning attorneys, family offices, tax planners, and wealth managers who seek to optimize the performance of life insurance as a planning tool and/or asset class.

 

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.

 

Prior to joining FAP in 2002, Jeff managed Sales teams for three national technology companies where he was responsible for New York, Chicago, New England, Mid Atlantic, and Bay Area markets.

Jeff is a Certified Financial Planner™ professional, and a member of the San Francisco Estate Planning Council.  Outside of FAP, he avidly follows his son's football and basketball teams in Los Gatos, and runs, skis, and mountain bikes. He currently serves on the Advisory Board for the San Francisco Foundation and Project Cornerstone of Silicon Valley (YMCA) and is a proud supporter of the Melanoma Program (and SUNSPORT) at the Stanford Cancer Center.  A long time 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 401
Palo Alto, CA 94306
650-252-1700

John R. Gilmartin

Principal, COO/CTO
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

Prudential Tower
800 Boylston Street, 26th Floor
Boston, MA 02199
617-259-1900

Keith A. Tobias, CPA

Principal
Los Angeles

 

BIO

Keith has been active as an advisor to corporations and wealthy individuals for over 30 years. As a certified public accountant, he practiced at Arthur Young & Co. in Los Angeles (now Ernst & Young). In 1986 Keith began consulting in the area of executive benefits for Merrill Lynch. He and his partners bought their practice a few years later when he co-founded an international executive compensation, benefit and corporate insurance practice. As Chief Operating Officer and Managing Partner, Keith specialized in providing services to public companies throughout the country.

In 1999, Keith had the opportunity to sell his company and spend more time raising his family. Soon restless, he continued his passion of advising owners, top management and Trusts in the areas of executive compensation, insurance, management consulting, board composition and other corporate and Trust matters.

 

Through a fortuitous due diligence engagement for a large corporate executive life insurance plan, Keith met David Carroll and David Freeley while researching FAP. 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

Email

Richard D. Worrell, JD, LLM

Principal
Providence

 

BIO

Rick Worrell is a Principal of 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

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