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Our Founder

Meet Our Founder

“When you have countless daily tasks in front of you competing for your attention, it can be harder to visualize the future.”
– David L. Blain

David L Balin, CFA - CEO & founder at BlueSky Wealth Advisors

CEO David L. Blain grew up with an appreciation for the value of money, developing quite the work ethic between cutting grass, delivering newspapers, and laying sod as a young man. With the help of his father, David learned to invest his hard-earned dollars and quickly developed a passion for investing. His self-guided study of finance continued as he pursued engineering at West Point, and even while he led soldiers as an officer in the U.S. Army.

David earned the prestigious Chartered Financial Analyst (CFA) designation in 2003, inspiring him and his wife to fulfill their dream of living on the water by moving to New Bern, North Carolina. It was there that David’s passion for offering financial solutions on a fiduciary basis was met with great success. He built an elite team of advisors and support personnel who could deliver his standard of service while guaranteeing there would always be more than one person accountable for their needs.

  1. David L. Blain, CFA is the Chief Executive Officer and Senior Wealth Advisor at BlueSky Wealth Advisors, a fee-only, independent Registered Investment Advisor (RIA) he founded in 1999.
  2. David received a Bachelor of Science in 1989 from The United States Military Academy at West Point, where he was a Distinguished Honor Graduate and member of the Phi Kappa Phi Honor Society.
  3. He attended the University of Notre Dame between 1984-1985.
  4. He served with distinction for 10 years in U.S. Army Airborne, Ranger, and Special Operations units.
  5. Participated in operations and deployments around the world, including locations such as Panama, Iraq, Somalia, Bosnia, England, Ireland, Scotland, Germany, and Liberia.
  6. He has jumped out of an airplane approximately 500 times.
  7. Walked over an estimated 10,000 miles during his military career.
  8. Received many awards and decorations including the Bronze Star Medal, Meritorious Service Medal with oak leaf cluster, Master Parachutist Badge, Combat Infantryman’s Badge, and Ranger Tab.
  9. Graduated from the Special Forces Assessment and Selection Course.
  10. Serves as the North Carolina 3rd Congressional District Field Force Liaison for the West Point Admissions Department.
  11. Serves on the Service Academy Selection Board for Congressman Murphy of the North Carolina 3rd Congressional District.
  12. Was a Company Commander at the US John F. Kennedy Special Warfare Center and School, Ft. Bragg North Carolina.
  13. Has owned 12 different companies.
  14. Studied Russian at West Point and the Special Forces Russian Language School at Ft Bragg, North Carolina.
  15. Wrote an engaging personal finance book, Invest in Your Life, Not Just Your Portfolio.
  16. Quoted and interviewed for numerous publications including Business Week, U.S. News and World Reports, Money Magazine, The Wall Street Journal.
  17. Former host of “All things Money with David Blain” a weekly television and radio program in New Bern North Carolina.
  18. He currently serves as Chairman on the Board of Directors and Chair of the Investment Committee for CarolinaEast Health System in New Bern.
  19. Served on numerous other charitable boards including as Treasurer for Big Brothers Big Sisters of Eastern North Carolina, Treasurer for Catholic Charities of the Diocese of Raleigh, Member of the Board of Advisors and Finance Committee of West Point Association of Graduates.
  20. Is an amateur race car driver most recently winning the 2021 South Atlantic Road Racing Championship in the GTL class.
  21. He has coached youth league baseball and soccer teams in the New Bern area for more than fifteen years.
  22. Led the West Point Rugby team to a collegiate final four appearance in 1989. Subsequently played for the All-Army and Combined Services Select Rugby teams.
  23. As a young boy and teenager, he delivered the Washington Post newspaper, cut grass, and repaired and sold bicycles he recovered from the trash.
  24. Bought his first investment, a CD yielding approximately 12%, in 1980.
  25. He is married to his beautiful wife Caroline and is raising five wonderful children.

In the summer of 2013, D.L. Blain & Co. acquired the California-based Pleasanton Financial Advisors, an opportunity David knew would position his firm to improve the financial lives of many more people. David and his firm stood out among several others because of their shared values and distinctive perspectives on their approach to clients. This exciting new chapter called for a brand identity that reflected the optimistic future of the firm, hence the start of “BlueSky Wealth Advisors.”

Today, BlueSky Wealth Advisors continues to thrive, finding new and innovative ways of bringing fee-only financial services to successful individuals and families worldwide. Our success as a NAPFA-registered firm is fueled by our commitment to improving the lives of our clients while taking into account the individual needs of everyone we proudly serve. Learn more about our mission and values here.