Dana Specht: A Trailblazer in Wealth Management with Over Three Decades of Excellence
In the ever-evolving world of finance, few names resonate with the same authority, trust, and longevity as Dana Specht. With over 31 years of experience, a Master’s in Financial Planning, and a proven record of helping individuals, businesses, and legal professionals with comprehensive wealth strategies, Dana Specht stands as a paragon of financial expertise and client-centric service. From her early beginnings in California to her established presence in Coeur d’Alene, Idaho, Dana’s career is a testament to her dedication, deep industry knowledge, and unwavering commitment to ethical financial guidance.
Dana Specht: Background and Expertise
A Visionary in Financial Planning
Dana Specht, the Managing Director and Wealth Management Advisor at Clarity Wealth Strategies, is not only a seasoned professional but also a co-founder of her firm alongside her husband, Charles Specht. Their shared vision has helped countless clients plan and secure their financial futures. Clarity Wealth Strategies is an LPL Financial affiliate and currently manages over $160 million in assets.
Dana’s experience encompasses more than just investments. She offers holistic financial guidance, covering retirement planning, long-term care insurance, estate planning, life insurance, wealth accumulation, and more. She has an extensive history of working with estate attorneys and professional trustees, providing vital assistance with probate estates, estate administrations, guardianships, conservatorships, and trust administration.
Leadership at Clarity Wealth Strategies
Since founding Clarity Wealth Strategies in September 2020, Dana and Charles have built the firm into a trusted financial institution in the Idaho region and beyond. Their personalised services are not only offered to individuals and corporate clients but also to nonprofit organisations. Their approach is rooted in transparency, tailored strategies, and long-standing partnerships.
At Clarity, Dana’s responsibilities extend beyond wealth management. She coordinates with legal professionals to ensure estate investments are compliant with all applicable regulations. Her knowledge of estate rules and trust structures is particularly valuable in a legal-financial context.
Career History of Dana Specht
Wells Fargo Advisors (2000–2020)
Dana served for over two decades at Wells Fargo Advisors, where she rose to the position of Associate Vice President – Investments. During her tenure, she worked from both the Coeur d’Alene, Idaho office and earlier from Pasadena, California. Her role involved comprehensive investment planning for individuals and corporate clients, as well as estate-related financial planning.
Morgan Stanley (1994–2000)
Dana’s foundational years in finance were spent at Morgan Stanley in Pasadena, CA. Here, she honed her skills in investment planning, developing her now-renowned expertise in guiding businesses and individuals through complex financial decisions.
Red Robin International (1989–1992)
Prior to entering the financial sector, Dana worked as a Design & Construction Site Research Analyst for Red Robin International in Irvine, CA. This early exposure to business operations and budget management helped her build a practical understanding of large-scale financial logistics.
Education: Building a Strong Academic Foundation
College for Financial Planning (2003–2005)
Dana earned her Master’s in Financial Planning from the prestigious College for Financial Planning while working full-time at Wells Fargo Advisors. Balancing work and advanced study reflects her dedication and work ethic, which she carries into her advisory practice.
California State Polytechnic University, Pomona (1987–1989)
Dana holds a Bachelor’s degree in Finance, Real Estate & Law, graduating in 1989. Her focus on business law and finance laid the groundwork for her specialised knowledge in estate planning and wealth management.
Chaffey and Citrus Community Colleges (1984–1987)
Before obtaining her bachelor’s degree, Dana studied Business Administration at Chaffey Community College, completing her Associate’s Degree in 1987. She also attended Citrus Community College, where she completed her general education.
Bonita High School (1980–1984)
Dana began her academic journey at Bonita High School, where she earned a high school diploma in Business.
Areas of Specialisation
Estate and Trust Investment Planning
Dana Specht possesses deep knowledge of investment planning for estates and trusts. She understands the various types of trusts and their limitations and capabilities when it comes to investing. Her work with estate attorneys and professional trustees allows her to provide seamless investment management for estate administrations and probated estates.
Retirement Planning
A significant portion of Dana’s work involves helping clients prepare for retirement. From IRAs and Roth IRAs to 401(k), 403(b), and SEP IRAs, she crafts tailored retirement strategies that align with each client’s goals.
Investment Management
Dana manages investments across asset classes including stocks, bonds, mutual funds, ETFs, annuities, and college savings plans. Her investment strategies are customised to clients’ risk tolerance and financial objectives.
Insurance Planning
With a holistic approach, Dana incorporates insurance solutions such as long-term care, life, and disability insurance into her financial plans. These products provide additional security and peace of mind for clients.
Client-Centric Values
Personal Commitment
Dana Specht is more than a financial advisor; she is a wife, a mother, and a business owner who deeply values personal connection. Her client relationships are built on trust, integrity, and a genuine desire to improve financial outcomes.
Licensed States
Dana is licensed to serve clients in Alabama, Arizona, California, Colorado, Georgia, Idaho, Illinois, Maryland, Missouri, Montana, New Mexico, Nevada, Oklahoma, Oregon, Texas, Virginia, Washington, Wisconsin, and Wyoming. Her broad licensure reflects her adaptability and reach across the U.S.
Conclusion
Dana Specht’s professional journey is a model of dedication, integrity, and expertise in the realm of financial planning. With a solid academic foundation, over three decades of practical experience, and a sincere commitment to her clients, Dana has earned her place as a respected and reliable name in the industry. Her work through Clarity Wealth Strategies continues to impact lives, helping people make wise decisions about their wealth, their families, and their futures.
Dana Specht is not just a financial advisor; she is a beacon of clarity and trust in the financial world.
