Former Blackstone and J.P. Morgan veteran joins AlphaCore to support the firm’s national growth and bolster investment and research capabilities

In a move to enhance their wealth advisory and investment platform, leading independent registered investment advisory firm AlphaCore Wealth Advisory (AlphaCore), has appointed Dr. David Stubbs to the role of Chief Investment Strategist.

Dr. Stubbs’ appointment comes as AlphaCore continues to expand its wealth advisory services to serve high-net-worth clients and deliver Family Office Services to a growing number of households. Adding Dr. Stubbs will help guide families through an increasingly complex investment landscape, one that seemingly demands a more nuanced, qualitative approach to both public and private markets. In his role, he will collaborate with Eric Gerster, who was named Chief Investment Officer earlier this year, to elevate the firm’s investment research capabilities, deliver macroeconomic insights, and deepen the resources and insights available to their client base.

“David’s investment acumen, experience, and familiarity to our team and clients made him a natural addition to AlphaCore,” said Dick Pfister, Founder and CEO of AlphaCore. “As we have grown both organically and inorganically in recent years, we recognized that our clients expect a sophisticated investment experience, one that aligns with their overall wealth planning goals. David’s addition marks a pivotal step in our long-term strategy to build a leadership team capable of supporting both our clients and the AlphaCore Wealth Advisory team. His appointment aims to ensure that we are well-resourced today and well-positioned for the years ahead.”

With over two decades of experience in the investment industry, most recently at Blackstone and J.P. Morgan, Dr. Stubbs led multiple investment strategy teams across both asset management and wealth management. At J.P. Morgan, Dr. Stubbs was a public spokesperson for the wealth management division, earning regular appearances on national television for his ability to translate complex macroeconomic themes into easy-to-understand insights. Previously, he served as an economist with the British government, numerous think tanks, and the United Nations.

“The opportunity to join a forward-thinking wealth advisory firm where private markets, global investing, and comprehensive wealth planning are integral to their approach aligned perfectly with my investment philosophy and desire to bring institutional-grade solutions to clients,” said Dr. Stubbs. “I look forward to building upon AlphaCore’s already extensive suite of services, supported by an incredibly talented leadership team with Dick at the helm.”

AlphaCore’s clients have become familiar with Dr. Stubbs, as he was a featured speaker at the firm’s flagship educational event, the AlphaCore Wealth Summit, for the past two years while serving as Managing Director and Senior Investment Strategist Lead for the Americas in the Private Wealth Solutions group at Blackstone. Dr. Stubbs will play an integral role in this year’s Wealth Summit in La Jolla, California, on October 9, where the theme will guide forward-looking discussions around AI, entrepreneurship, and macroeconomics.

Dr. Stubbs holds the Financial Risk Manager (FRM^®) and Chartered Market Technician (CMT^®) designations, in addition to a PhD in economics from The New School for Social Research, a master’s degree in international political economy from The London School of Economics, and a bachelor’s degree in economics and politics from the University of Birmingham.

This announcement comes on the heels of AlphaCore’s strategic acquisitions of Callan Capital and enTrust Wealth Advisors in early 2025, both focused on serving the ultra-high-net-worth and family office clientele.

About AlphaCore Wealth Advisory

AlphaCore is a wealth advisory firm with a national presence dedicated to helping clients build and preserve their wealth. The firm combines sophisticated wealth planning techniques with investment management services prepared for the unique market environment investors face today. The firm supports its advisors with dedicated research, customizable models, client performance reporting tools, financial planning tools, marketing and business development support, and operational resources. In addition, all advisors benefit from support in operations, client service, marketing, compliance, human resource solutions, and a robust technology infrastructure.

For more information, please visit www.alphacore.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250716441426/en/