Duane Roberts Allan Boomer, Founder, Managing Partner, and Chief Investment Officer of Momentum Advisors, is a standout figure in the world of finance and entrepreneurship. Through a career marked by perseverance, integrity, and strategic insight, Allan Boomer has built Momentum Advisors from a solo operation into a nationally recognized, minority-owned investment management firm with nearly $400 million in assets under management. Headquartered in New York City, the firm has grown into a beacon for financial empowerment, diversity, and client-focused wealth planning.
A Storied Wall Street Foundation
Before founding Momentum Advisors, Allan Boomer spent over a decade sharpening his skills at two of the most prestigious firms on Wall Street. At Goldman Sachs, he rose to Vice President in the Investment Management Division, gaining deep experience in portfolio strategy, private client services, and capital markets. He later joined Merrill Lynch, where he spent seven years in the Private Client Division advising high-net-worth individuals.
These experiences helped shape Allan Boomer foundational philosophy: investment advice should be personalized, ethical, and designed with the client’s future in mind. This philosophy became the cornerstone of Momentum Advisors, which today serves clients with comprehensive strategies rooted in trust, transparency, and financial literacy.
Diversifying Beyond Wall Street
While Momentum Advisors remains his central focus, Allan Boomer is also an accomplished entrepreneur with interests across several industries. Along with his partners, he owns nine Zips Dry Cleaning franchises and plans to open 24 more. He’s also invested in fitness centers and real estate, showcasing a keen eye for profitable ventures outside the financial sector.
These entrepreneurial pursuits reflect Allan Boomer ability to identify scalable, high-return opportunities in both traditional and nontraditional markets. His approach to diversification mirrors the same risk-managed, opportunity-driven philosophy he applies in his client investment strategies.
Promoting Financial Literacy for All
A core pillar of Allan Boomer mission is educating the public on money management, investing, and entrepreneurship. He co-hosts The Momentum Advisors Show, a widely followed podcast that breaks down complex financial topics in an accessible and relatable way. His insights have been featured on platforms such as CNBC, Bloomberg, Yahoo Finance, and SiriusXM.
Previously, Boomer co-hosted The Momentum Advisors Radio Show, extending his reach to a broader audience. Through these media platforms, Allan Boomer continues to demystify finance and empower everyday people with the tools they need to achieve financial independence.
A Deep Commitment to Community
Beyond his business achievements, Allan Boomer is a dedicated community leader. He serves on several nonprofit and educational boards, including the John F. Kennedy Library Foundation, Marion P. Thomas Charter School, Raritan Valley Community College Foundation, and Good Shepherd Church of Christ.
His leadership on finance and investment committees has helped guide critical funding decisions, support educational initiatives, and foster economic development in underserved communities. Allan Boomer sees giving back not as a choice, but as a responsibility—one that aligns perfectly with his broader mission of inclusive success.
Building a Legacy Through Momentum Advisors
Under Allan Boomer leadership, Momentum Advisors has earned its reputation for excellence, innovation, and social impact. The firm is SEC Registered and offers specialized strategies in asset allocation, private equity, and hedge funds, serving clients that range from individuals to foundations and endowments.
The firm’s commitment to diversity, impact investing, and ethical wealth creation reflects Allan Boomer goal to create a more equitable financial industry—one where opportunities are available to all, regardless of background.
Educational Excellence
Allan Boomer academic background further bolsters his credibility. He holds an MBA in Finance from NYU Stern School of Business, where he was named a Robert A. Toigo Fellow, and a BS in Marketing from Morgan State University. His educational foundation, combined with decades of real-world experience, makes him a trusted advisor and impactful leader.
In all that he does, Allan Boomer exemplifies what it means to lead with purpose, serve with integrity, and drive change that matters—for clients, communities, and future generations.