David Bingham Clapp, CFP®
Executive Vice President & Financial Advisor
David Bingham Clapp is a Financial Advisor with nearly four decades of experience serving high-net-worth and ultra-high-net-worth individuals and multigenerational families. His practice is focused on helping families navigate the financial complexity that often accompanies significant wealth, with an emphasis on long-term stewardship, coordination, and continuity across generations.
Since beginning his career in 1988, David has provided comprehensive wealth planning and investment guidance tailored to the unique needs of affluent families and closely held business owners. As a Certified Financial Planner® professional he works with clients on investment strategy, retirement income planning, estate planning coordination, concentrated equity management, liquidity planning, and business succession planning.
David collaborates closely with clients’ attorneys, accountants, and other professional advisors to support alignment across all aspects of a family’s financial structure. In addition to portfolio oversight, he assists families with multigenerational planning considerations, wealth transfer strategies, and discussions surrounding philanthropic objectives in coordination with outside professionals.
David believes effective wealth planning begins with listening. His team follows a disciplined, bottom-up process that begins with gathering comprehensive financial information and developing a clear understanding of each family’s goals, priorities, and long-term vision. From there, they design customized strategies intended to align financial resources with those objectives. Once implemented, David and his team provide ongoing oversight, monitoring, and periodic review as circumstances evolve.
Attention to detail and a strong commitment to client service are hallmarks of his practice. David understands that financial decisions often carry lasting implications for families, businesses, and legacies, and he approaches each relationship with professionalism, diligence, and care.
After more than 25 years with Wells Fargo Advisors, David established his independent practice with Seventy2 Capital, an independent office affiliated with Wells Fargo Advisors Financial Network. This structure allows him to deliver personalized advisory services while maintaining access to the resources and platform of an established firm.
David works with a limited number of high net worth and ultra high net worth families in order to provide attentive, ongoing service.
Outside of his professional practice, David has been married to his college sweetheart, Cheri, since 1993. They have two daughters, Allie and Bailey. He enjoys boating, skiing, golf, cooking, and pickleball.
Location: Red Bank