For many, success on Wall Street marks the culmination of a dream. But for Allan Boomer New York, it was just the beginning. With formative years spent at financial powerhouses like Goldman Sachs and Merrill Lynch, Boomer honed his expertise in investment management and private client services. That experience laid the groundwork for something greater: founding Momentum Advisors, where he now serves as Chief Investment Officer. His journey is a testament to vision, resilience, and the pursuit of equity in the financial industry.
A Vision for Inclusive Financial Services
When Allan Boomer New York launched Momentum Advisors, his goal was not only to create a successful firm but to build a company that broke industry norms. He envisioned a minority-owned firm that promoted diversity and inclusion at every level. Today, Momentum Advisors manages close to $400 million in assets and is registered with the SEC as a trusted investment advisory firm. Its growth is fueled not just by financial performance but also by its commitment to socially responsible and ethical investing—core values driven by Boomer’s leadership.
Beyond Finance: A Diverse Portfolio
As an entrepreneur, Allan Boomer New York brings a multifaceted approach to business. While he excels in traditional financial planning, he also sees value in diversification. Boomer owns nine Zips Dry Cleaning franchises, with plans to expand to 24 locations. He’s also a co-owner of two fitness gyms. These ventures reflect his strategic mindset—balancing risk, generating consistent cash flow, and capitalizing on high-growth sectors. This business acumen highlights Boomer’s ability to identify and nurture successful opportunities across different industries.
Champion of Financial Literacy
Allan Boomer New York is more than an investor; he’s a passionate advocate for financial literacy. Through his podcast, The Momentum Advisors Show, Boomer simplifies complex financial concepts and shares practical advice on building wealth. His insights reach beyond his own platform—he frequently appears on CNBC, Bloomberg, and Yahoo Finance to discuss investment strategies and economic trends. Boomer’s mission is clear: empower people to make informed financial decisions and build lasting wealth.
Leading by Example in the Community
Community service is a core part of Allan Boomer New York identity. He holds leadership roles on several nonprofit and educational boards, including the John F. Kennedy Library Foundation and the Raritan Valley Community College Foundation. These roles allow him to leverage his financial expertise to uplift underserved communities, championing access to education and opportunity. Boomer’s commitment to service demonstrates that true leadership goes beyond business—it’s about creating meaningful change.
Academic Excellence and Recognition
An alumnus of the NYU Stern School of Business, Allan Boomer New York earned his MBA in Finance as a Robert A. Toigo Fellow. He also holds a BS in Marketing from Morgan State University. These academic achievements, combined with his professional experience, make him a respected and trusted voice in the investment world. His background reflects a lifelong commitment to learning and growth.
Looking Ahead
With nearly $400 million in assets under management, Allan Boomer New York continues to lead Momentum Advisors to new heights. His unwavering focus on diversity, financial education, and ethical investing ensures the firm’s continued relevance and success in an ever-changing financial landscape. His work serves as a blueprint for aspiring investors and entrepreneurs committed to making a lasting impact.
