David Phipps, MBA
LPL Investment Advisor Representative
Dave has worked extensively in the field of financial management for over 20 years. Continuing his affiliation with LPL Financial, Dave will be based in the Mattoon Facility of FNB, and will be advising clients toward their financial goals.
Dave is a Central Illinois native and a graduate of Millikin University with a degree in accounting and Missouri State University with an MBA specializing in Finance.
After passing the CPA exam and practicing public accounting until 1993, Dave moved into corporate executive management as Vice President of Family Horizons Credit Union (formally Naval Avionics Federal CU) in Indianapolis. In late 1994, Dave moved back to his roots in central Illinois and became the Chief Financial Officer of a regional health care group that subsequently became part of Sara Bush Lincoln Health Center.
Always having a passion for investments, Dave worked closely with the pension fund at the hospital. Because of this relationship, he decided to move into the investment side of finance, beginning his wealth management career with Merrill Lynch in 1998 and continuing with Stifel Financial in 2003 until forming his own wealth management firm in 2017 Phipps Wealth Management, LLC.
Proactive in giving back to the community, Dave finished coaching youth softball for the past 12 years as well as youth baseball and basketball. A former board member of Mattoon Chamber of Commerce, Mattoon Youth Basketball, Mattoon Girls Softball, Mattoon Junior Baseball and the Mattoon Salvation Army, Dave continues to be active in summer high school and collegiate softball programs throughout the state of Illinois. Dave is also a very active member of the Exchange Club of Mattoon where he regularly volunteers to assist with numerous tasks at the Mattoon Food Pantry. David resides in Mattoon and is married to his wonderful wife Cindy. They have three awesome kids - daughters Shelby and Riley, and son Mason. And Denver, a chocolate lab rescue dog, adds a lovable fourth kid to the family. They attend and are active members of St. John Lutheran Church. Dave enjoys being active by officiating collegiate NCAA basketball and softball throughout the region, long distance running, and traveling with his family and friends. Of course, spending precious time with his kids and their activities is at the top of this list.
If you have a client in mind that might benefit from Dave’s knowledge, please contact him at our Mattoon Branch.