The Monheit Frisch Group Leadership in Surprise, Arizona
All the Financial
Leadership You Need in
Making astute financial moves may certainly benefit you, but making those moves in the right order and at the right time may benefit you even more.
When your tax and wealth management come from one command center of a team of advisors working for your vision, you are potentially much closer to improving your after-tax income, having your estate plan in order and realizing your financial and lifestyle goals.
We are meticulous and relentless in our attention to detail, yet we are able to explain complex concepts in everyday language. We also tell it like it is. Clients appreciate our candor, unbiased tax advice and scrupulous pursuit of answers to their retirement, financial and business challenges.
We realize the challenge of managing your financial affairs as you move from one phase of life to another. Procrastination isn’t an option, and yet you only have so much time in your day to try to understand the complexity of your financial life. Our integrated financial solutions can help you make sense of that complexity.
Monheit Frisch Wealth Management LLC and Monheit Zongolowicz Frisch CPAs PLC look at your total financial picture in an integrated effort to customize tax and wealth management strategies to keep you on track to meet your financial promises.
Meet the Founders
David Monheit, CPA PFS
David’s Mission: “ . . . to care comprehensively for your financial well-being . . .”
David Monheit is a native Arizona resident who loves the Valley of the Sun. After graduating the University of Arizona with a BS in Accounting, he followed his father's footsteps and in 1991 began his career in accounting. Within two years of graduation, David passed the CPA exam, which allowed his career to flourish with opportunity. He continued his studies in personal taxation, trust taxation, and financial planning. To add the expertise of financial planning, he also took steps to achieve the designation of PFS (Personal Financial Specialist). David's educational background and years of practice allow him to integrate his expertise at all levels of financial decisions so that clients can count on him for personal CFO level advice.
Before college, in fact, as early as grade school, David had a personal interest in the stock market. He performed the research and invested in stocks and funds with the money he earned from mowing the yard. During his high school years and college summers, David worked in various positions such as retail, a legal clerk for various downtown Phoenix law firms and even as a lifeguard.
Post college, David spent time at Price Waterhouse and some regional firms here in Phoenix. After four years in practice with his own client base, David realized that many of his clients were not properly serviced by their financial advisors. He took steps to integrate financial planning and portfolio management into his practice. In 2004, David started his wealth management firm, Diversified Asset Money Management, LLC, which is a play on his initials. To better brand the firm with the personal responsibility inherent in providing financial advice, David added his last name to the firm name, which is now Monheit Frisch Wealth Management LLC.
With the CPA PFS designation, David has always been ahead of most of his peers due to his innate sense to provide advice centered on the client’s best interest. David's fiduciary standard is also backed by the AICPA requirements to follow a documented fiduciary level process. The addition of the Department of Labor's fiduciary standard was a natural progression. All members of Monheit Frisch Wealth Management LLC follow the fiduciary standard, regardless of financial solutions recommended.
David knows that there is no single approach for all clients. He takes the time to get to know you, your goals, and your investment risk tolerance. After examining the whole picture, he can design a comprehensive solution that considers all the risks and rewards inherent in one's financial plan.
When not at the office, David is a dedicated family man who enjoys travel, fitness, mountain biking and keeping up with his three children.
Howard Monheit, CPA
The original Monheit family CPA . . .
Howard Monheit founded what is now Monheit Zongolowicz Frisch CPAs PLC in 1971. Howard, a transplant from Yonkers, New York, graduated from New York University's School of Commerce, Accounts, and Finance now known as Stern School of Business. He received a commission as a Naval Officer and served 3 ½ years aboard two ships. Upon separating from the Navy, he picked up his new bride in New York and moved to Arizona.
Upon receiving his CPA Certificate, Howard opened his first office in a rented suite in Sun City, Arizona. Shortly thereafter he built an office in Sun City on Coggins Drive. Once David joined the practice, a second office was built in Sun City West. Howard has always placed importance on a “brick and mortar” presence in the communities in which he practiced. This shows a stable presence which has proven to be true. The tradition continues with the firm’s newest location in Surprise and a ten-year tenure at our location in Scottsdale near Kierland Commons.
Howard was President of Sun Health Foundation on two occasions and is a member of a number of professional organizations. Howard enjoys traveling and spending time with his family.
Within this multi-generational firm, Howard's tenured expertise in individual and trust taxation continues to be an asset to David, Gary, and Mike.
Gary Frisch, CPA MBA
aka “Number Man” – Known for Strategic Tax Plans and Tax Returns Expertise
Gary is a transplant from Indianapolis, Indiana. He is a Certified Public Accountant with both an MBA from Arizona State University and a BS in Finance from the University of Arizona. While attending U of A, he met David and eventually David's sister whom he married. Before joining the firm in 2001, Gary spent four years as a financial analyst in the airline industry.
Gary enjoys constructing tax plans and preparing tax returns that minimize the tax burden for individuals, families, trusts and business entities. He also advises individuals and business owners with strategies to improve cash flow, increase enterprise value and with personal and business bookkeeping matters. Also, he has completed the FINRA Series 7 and 66 exams. As a financial advisor, Gary works with David and the entire wealth management team to ensure the needs of every client are met.
Gary currently gives back to the local community through time spent on the Board of Directors of Benevilla. He is also serving on the Benevilla Finance Committee and had a previous position on the Audit Committee a number of years ago. In years past, Gary was a member of the Sun City West Rotary and served as a member of the Sun City West Rotary Foundation Finance Committee.
At home, Gary enjoys spending time with his family and hosting foreign exchange students. He takes pleasure in reading about and keeping up with current technology and applies this passion to both his personal and professional life. He also cares for two exotic birds; an African Grey named Jonah and a Red Fronted Macaw named Cruz, attends Cardinal's football games, and is mastering the perfect angle in the strike zone with his bowling league.
Call our team today for more information on our services and see what we can do for your finances.