Specialist in:

Practices out of:

Melbourne
Level 7, 161 Collins Street
Melbourne, VIC, 3000
Telephone: 03 9649 2400
Fax: 03 9649 2499

David Raits

Private Client Adviser

About David

David is a Private Client Adviser based in both the Melbourne and North Sydney offices for Shadforth.

David's passion is to improve his clients' lives by enhancing their financial position. This requires him to truly understand their values as well as their material needs and wants. He can then translate complex financial information into meaningful outcomes to provide them with greater control and clarity over their financial and investment decisions.

Education and experience

David has more than 20 years' experience as a financial adviser. He holds the dual designations of CFP (CERTIFIED FINANCIAL PLANNER®) and CPA (Certified Practising Accountant). David has been a CPA since 1994 and was designated a Financial Planning Specialist (FPS) by CPA Australia in 2000. He holds a Bachelor of Business (Accountancy) from RMIT University in Melbourne (formerly Phillip Institute of Technology). More recently he has completed the CFP program with the Financial Planning Association.

David was recognised in the Australian's Top 50 Financial Advisers in Australia, in association with Barron's in 2018.

Outside of work

Away from work, David enjoys being Treasurer of the Financial Industry Community Aid Project (FICAP), which raises money to support a variety of charities through the annual "Who Wants to Be a Rockstar?" event.

Video

Meet David Raits

Blogs by David Raits

You can't always get what you want...

10 Feb 2015

You can't always get what you want, but if you try sometime you might find you get what you need.

Fake savings with Mobile Apps

17 Dec 2014

As a Shadforth financial adviser, one of the most common questions I am asked is how to manage small savings amounts for young children. Over the years, a number of banks have launched products aimed at this market, but all have suffered from problems like miserly interest rates, account keeping fees, and inconvenient access.

Reason to believe

03 Jun 2013

"Seen a man standin' over a dead dog lyin' by the highway in a ditch He's lookin' down kinda puzzled pokin' that dog with a stick......like if he stood there long enough that dog'd get up and run......at the end of every hard earned day people find some reason to believe"  Bruce Springsteen – Nebraska (1982)

Super still relatively simple

20 Apr 2013

If recent media speculation is right, Simon Crean got his way and the changes to superannuation announced by the Government are nowhere near as draconian as some feared they may have been.

$21bn wipe out - please explain?

13 Mar 2013

"Chinese jitters prompt $21b wipe-out" Sydney Morning Herald (SMH) 5th March 2013