Allan Boomer: Redefining Wealth Through Purpose, Vision, and Financial Inclusion

In the world of finance, where profit often overshadows purpose, Allan Boomer has emerged as a transformative force—fusing Wall Street expertise with a mission to build wealth through integrity, education, and inclusion. As Chief Investment Officer of Momentum Advisors, Allan Boomer exemplifies how leadership rooted in both excellence and empathy can not only achieve financial success but also spark systemic change in underserved communities.

Wall Street Roots and Career Ascent

Allan Boomer began his journey in the high-powered world of Wall Street, where he built a stellar reputation for his strategic thinking and analytical precision. At Goldman Sachs, one of the most respected firms in global finance, he rose to the role of Vice President in the Investment Management Division. There, he advised high-net-worth individuals and institutions, mastering the intricacies of portfolio construction and wealth preservation.

His next role at Merrill Lynch further solidified his standing in the industry. Working within the Private Client Division, Allan Boomer spent another seven years fine-tuning his expertise in personalized wealth management. These early experiences provided him with both the technical skills and insight into the gaps that existed in the traditional wealth management model—particularly for minority communities.

Founding Momentum Advisors: A Mission-Driven Firm

In 2008, with a bold vision and a desire to disrupt the status quo, Allan Boomer founded Momentum Advisors. What started as a solo venture has grown into a thriving investment advisory firm with multiple offices and nearly $400 million in assets under management. Certified as a minority-owned business, the firm has become a trusted leader in socially responsible investing.

Allan Boomer mission was clear from the start: offer high-touch, values-based financial guidance to individuals, families, and institutions, particularly those historically excluded from traditional wealth-building opportunities. Today, Momentum Advisors is a firm where financial success goes hand in hand with ethical investing, diversity, and empowerment.

Champion of Financial Literacy

A driving force behind Allan Boomer work is his unwavering belief that education is the cornerstone of financial empowerment. To extend his reach, he co-hosts The Momentum Advisors Show, a weekly podcast that breaks down complex financial topics into accessible, engaging conversations. Covering everything from investing and entrepreneurship to budgeting and credit, the show has become a valuable resource for listeners seeking clarity in their financial journey.

Beyond the podcast, Allan Boomer is a sought-after financial commentator, frequently appearing on CNBC, Bloomberg, and SiriusXM. His ability to communicate sophisticated ideas in a relatable manner has earned him a loyal following and further amplifies his mission of democratizing financial knowledge.

Giving Back Through Leadership and Service

Outside the boardroom, Allan Boomer dedicates significant time to community engagement. He serves on the boards of the John F. Kennedy Library Foundation, Raritan Valley Community College Foundation, and the Marion P. Thomas Charter School. His involvement in these organizations—especially on finance and investment committees—underscores his commitment to improving educational access and economic opportunities for marginalized populations.

Educational Foundation and Industry Recognition

Allan Boomer academic credentials include an MBA in Finance from NYU Stern School of Business, where he was honored as a Robert A. Toigo Fellow—an award recognizing future leaders committed to diversity in finance. He also holds a BS in Marketing from Morgan State University, a distinguished HBCU that has shaped generations of Black business leaders.

A Lasting Legacy of Purpose-Driven Leadership

What sets Allan Boomer apart is not just his financial expertise but his ability to lead with purpose. He is a pioneer in creating pathways for wealth that are inclusive, ethical, and sustainable. Through Momentum Advisors, he is building a legacy that transcends numbers—one grounded in education, empowerment, and equity.

As the financial world evolves, Allan Boomer remains a guiding light, proving that integrity and innovation can coexist. His story is a testament to how one visionary leader can inspire lasting change in finance—and in society.