Why I Started Newly Wealth

I believe that all families should have access to a qualified financial planner. Most traditional firms will focus on assets under management and fees are only based on a percentage invested within the firm. I created Newly Wealth so that I can work with you on you on creating your best financial self, even if you have no assets for us to manage.

We are a fee-only fiduciary financial planner that is passionate and dedicated to helping you achieve your financial dream.

My Story

My parents were both professional musicians and made a great living as musician in Hollywood. I wanted to follow their path and studied music at Boston University and graduated right when the economy tanked. Even with a slow economy, I persevered and made a great living as a freelance musician.


I am so grateful for the experience, the friends, and the chance to travel the world. My radio show Freelance Finance talks with many of my friends who shared a stage with me and tells their story.

But after about a decade of freelancing in Boston, I decided to go back to school. I went back to Boston University to study financial planning and learned how to help families by creating meaningful financial plans.

I put extra emphasis in studying taxation, and got my license to represent taxpayers before the IRS (enrolled agent license). An Enrolled Agent is a tax professional who has earned the privilege of representing taxpayers before the Internal Revenue Service by passing a three-part comprehensive IRS test covering individual and business tax return policies. Enrolled Agent status is the highest credential the IRS awards. 

My next stop was working at Intuit as one of their Tax Experts. It was a great experience in both the volume of clients I was working with, and also the different types of situations I would have to advise on. We would advise on tax implication for stock options, stock grants, multi-state returns, foreign income exemptions, and many other complex tax situations.

I later moved to a role working as a QuickBooks specialist working with small businesses. I would help businesses set up their books to match their entity type, and make sure everything balanced out and was accounted for.

With all the businesses and individuals I work with, one common theme comes up again and again --- How to Pay for College. It became apparent that most financial advisors and investment managers knew that they it is difficult to pay for college, but few could actually put that in tangible terms.

I decided to collaborate with other like minded advisors, many with decades experience in the field, and trained on the minutiae for college funding, and how that integrates into a comprehensive financial plan.


Since then, helping families navigate college without sacrificing their retirement has been a passion of mine.

I created an independent firm so that I could align myself and my financial planning with your goals, so that we can work together to achieve your life dreams.




David Roth, EA


Need more details? Contact us

We are here to assist. Contact us by phone, email or via our Social Media channels.

david@newlywealth.com | ​617.283.2990


Financial Planning and Advisory Services are offered through Prosperity Capital Advisors ("PCA") an SEC registered investment adviser with its principal place of business in the State of Ohio. PCA and its representatives are in compliance with the current registration requirements imposed upon registered investment advisers by those states in which PCA maintains clients. PCA may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Any subsequent, direct communication by PCA with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. {Adviser DBA] and PCA are separate, non- affiliated entities. PCA does not provide tax or legal advice.  (Insurance and Tax Services, etc.) offered through (DBA name) are not affiliated with PCA.  Information received from this website should not be viewed as investment advice.  Content may have been created by a Third Party and was not written or created by a PCA affiliated advisor and does not represent the views and opinions of PCA or its subsidiaries. This site may contain links to articles or other information that may be contained on a third-party website. PCA is not responsible for and does not control, adopt, or endorse any content contained on any third party website.  For information pertaining to the registration status of PCA, please contact the firm or refer to the Investment Adviser Public Disclosure web site (www.adviserinfo.sec.gov). For additional information about PCA, including fees and services, send for our disclosure statement as set forth on Form ADV from PCA using the contact information herein. Please read the disclosure statement carefully before you invest or send money.