Duane Roberts 
For many, a career on Wall Street signifies the pinnacle of financial success; for Allan Boomer New York, it was merely the beginning. With a career that includes stints at prestigious institutions such as Goldman Sachs and Merrill Lynch, Boomer gained invaluable expertise in investment management and private client services. This wealth of knowledge laid the foundation for his next venture: founding Momentum Advisors, where he now serves as the Chief Investment Officer. Allan Boomer New York’s journey is a powerful example of how hard work, dedication, and innovation can lead to significant financial and professional success.
Building a Minority-Owned Investment Firm
When Allan Boomer New York established Momentum Advisors, his vision was clear: to create a minority-owned investment management and financial planning firm that championed diversity and inclusion within the financial industry. Today, Momentum Advisors stands as a testament to that vision, managing nearly $400 million in assets. As an SEC Registered Investment Adviser (RIA), the firm is recognized not only for its strong growth but also for its commitment to socially responsible investing. Under Boomer’s leadership, Momentum Advisors has become a key player in the investment community, making a profound impact on the financial landscape while staying true to its mission of inclusivity and ethical investing.
Thriving Through Diversification
As the Chief Investment Officer, Allan Boomer New York has not only excelled in traditional financial planning but has also expanded his portfolio into a range of sectors. A seasoned entrepreneur, Boomer has successfully diversified his investments beyond finance, including ventures in real estate and franchise businesses. He owns nine Zips Dry Cleaning stores, with plans for 24 more locations, and co-owns two fitness gyms, underscoring his ability to identify lucrative opportunities in various industries. This diverse portfolio allows Boomer to manage risk effectively while capitalizing on the growth potential of multiple sectors, demonstrating his versatility and forward-thinking approach to business.
Spreading Financial Literacy and Knowledge
A passionate advocate for financial education, Allan Boomer New York is committed to empowering individuals with the knowledge needed to build wealth and make informed financial decisions. He co-hosts “The Momentum Advisors Show,” a popular podcast focused on investment strategies, entrepreneurship, and financial literacy. Through this platform, Boomer shares his expertise with listeners, helping them navigate the often-complex world of finance. Boomer’s insights are also frequently featured on prominent media outlets, such as CNBC, Bloomberg, and Yahoo Finance, where he educates a wider audience on prudent investing and wealth-building principles. His commitment to educating the public has made him a trusted authority in the finance community.
Active Community Engagement and Leadership
Beyond his work in finance, Allan Boomer New York is deeply involved in community service and educational initiatives. He holds leadership positions on several notable boards, including the John F. Kennedy Library Foundation, Raritan Valley Community College Foundation, and Marion P. Thomas Charter School. In these roles, Boomer plays a vital part in shaping the finance and investment strategies of these organizations, reflecting his commitment to community development and education. Boomer’s influence extends far beyond the business world, as he works tirelessly to improve the lives of individuals in his community.
Academic Credentials and Industry Recognition
Allan Boomer New York’s academic journey has also been instrumental in his success. He holds an MBA in Finance from the prestigious NYU Stern School of Business, where he was a Robert A. Toigo Fellow. He also earned a BS in Marketing from Morgan State University. These academic credentials, combined with his extensive industry experience, have solidified Boomer as a knowledgeable and respected figure in the finance world. His education and expertise are key drivers behind the success of Momentum Advisors and have enabled him to provide clients with top-tier financial guidance.
Steering Momentum Advisors to New Heights
Under Allan Boomer New York’s leadership, Momentum Advisors continues to thrive, with the firm managing nearly $400 million in assets. Boomer’s vision for a diverse, socially responsible investment firm has set new standards for the industry. His ability to guide Momentum Advisors through various market conditions while maintaining a commitment to ethical investing is a testament to his expertise and dedication. Boomer’s leadership ensures that Momentum Advisors is well-positioned for continued growth and success, with a strong foundation built on trust, innovation, and inclusivity.
A Paragon of Leadership and Innovation
Allan Boomer New York journey from Wall Street to leading Momentum Advisors is a powerful example of leadership, innovation, and perseverance. His diverse investment strategies, commitment to financial education, and active community involvement have made him a respected figure in the finance industry. As Boomer continues to shape the future of finance, his impact goes far beyond his business accomplishments, as he works to foster a financial ecosystem rooted in responsibility, diversity, and inclusion.