David M. Jungquist

The President and Founder of Octagon Wealth Management, David is passionate about helping individuals, families, and business owners accumulate, preserve and transfer their wealth. By working closely with his clients and their trusted advisors to assess all aspects of their financial situation, he is able to provide ongoing customized financial planning structured around their specific needs and objectives.

 

David specializes in providing comprehensive wealth management services including asset management, retirement income planning, wealth accumulation planning, estate planning, charitable giving, risk management/insurance, business succession planning and encore career coaching. He is committed to fostering long-term relationships and providing the clarity and guidance needed to help his clients navigate life’s challenges and enjoy their unique vision of retirement. As a result of the dedication of David and his team, Octagon Wealth Management’s client retention rate was 98% for the ten-year period ending 12/31/2021.¹

 

Starting in 1985, David spent six years working for CIGNA Retirement Services in Chicago and Minneapolis, designing and implementing 401(k) and other retirement plans. In 1991, he became a financial advisor with CIGNA Financial Advisors (later acquired by Lincoln Financial Advisors). Seeking greater independence but still wanting to provide his clients access to a wide range of investment options and unbiased guidance, in 2001 he became an independent financial advisor and founded what would become Octagon Wealth Management.

 

David is a Chartered Financial Consultant and a member of both the Financial Planning Association and the Society of Financial Service Professionals (FSP). As a past board member of FSP, he helped strengthen its relationship with the National Multiple Sclerosis Society (NMSS) by serving as Chair of Financial Education and Pro Bono Efforts and greatly expanded free financial counseling to NMSS members in Minnesota.

 

Along with his wife Kathy, a mortgage professional, he is a proud parent of two daughters. He enjoys travel, golf and reading. Among many volunteer activities, he has served as Vice President of the Parish Council of his church. As a member of the Advisory Board of his daughters’ grade school, he created and chaired a popular annual fundraiser for the school that continues annually and has raised over $500,000 to date.

_{1 Average annual retention rate - January 1, 2012 through December 31, 2021 - based on client households with assets greater than $100,000 under our supervision.}