Allan Boomer New York: Visionary Leadership Behind Momentum Advisors Rise

Allan Boomer New York stands as a prime example of a financial leader who blends experience, innovation, and social responsibility to drive exceptional results. As the Founder, Managing Partner, and Chief Investment Officer of Momentum Advisors, Allan Boomer New York has transformed a small investment firm into a major player in the wealth management space. With nearly $400 million in assets under management, his work proves that finance, when led with purpose, can achieve both economic and social goals. Boomer’s career trajectory reflects an unwavering dedication to inclusion, ethical investment, and community growth.

Wall Street Expertise to Entrepreneurial Excellence

Before launching Momentum Advisors, Allan Boomer New York built a robust foundation at two of the most prestigious names in finance—Goldman Sachs and Merrill Lynch. At Goldman, he rose to the role of Vice President in the Investment Management Division, working closely with high-net-worth clients to manage sophisticated portfolios. Later, at Merrill Lynch, he deepened his expertise in private client services. This Wall Street tenure gave Allan Boomer New York a unique edge: the knowledge to navigate complex markets and the vision to build something greater—a firm that prioritizes diversity, integrity, and financial empowerment.

Building a Minority-Owned Powerhouse

One of the defining pillars of Allan Boomer New York’s leadership is his commitment to building a firm rooted in diversity and inclusion. Momentum Advisors is a certified minority-owned investment management and financial planning firm, operating with a clear mission to make financial expertise accessible to all. Under Boomer’s leadership, the firm has prioritized socially responsible investing, creating meaningful impact while delivering competitive financial returns. Allan Boomer New York has proven that representation in finance is not only essential—it drives better outcomes by fostering innovation and stronger client relationships.

Diversified Investments Across Industries

Beyond financial markets, Allan Boomer New York has ventured into diverse industries to expand Momentum Advisors’ investment portfolio. He co-owns nine Zips Dry Cleaning franchise stores, with plans to add 24 more, and also has investments in fitness gyms and real estate. These ventures reflect Boomer’s ability to identify high-potential sectors and create multiple revenue streams. By managing a diverse portfolio, Allan Boomer New York ensures clients’ investments remain resilient in volatile market conditions—showcasing his strategic foresight and entrepreneurial spirit.

Promoting Financial Literacy Through Media

A core mission for Allan Boomer New York is increasing financial literacy. He believes that access to financial knowledge can empower individuals and close wealth gaps. As co-host of The Momentum Advisors Show, a popular podcast covering investing, entrepreneurship, and personal finance, Boomer educates a wide audience on how to make smarter financial decisions. His insights have been featured on major platforms like CNBC, Bloomberg, Yahoo Finance, and SiriusXM, establishing him as a trusted voice in finance. Through these efforts, Allan Boomer New York is transforming the public’s understanding of money management.

Deep Community Involvement

Allan Boomer New York extends his impact beyond business by actively participating in community development. He serves on the boards of the John F. Kennedy Library Foundation, Marion P. Thomas Charter School, and Raritan Valley Community College Foundation. His leadership helps these organizations develop sound financial strategies and thrive in their missions. Boomer’s commitment to uplifting communities reflects a broader purpose: to use financial success as a vehicle for social progress.

Academic Excellence as a Cornerstone

Education has played a vital role in shaping Allan Boomer New York’s career. He earned his MBA in Finance from NYU Stern School of Business as a Robert A. Toigo Fellow and completed his undergraduate studies in Marketing at Morgan State University. This strong academic background, combined with real-world experience, has given him the insight and confidence to lead Momentum Advisors through complex financial terrain.

Pioneering the Future of Finance

Under the leadership of Allan Boomer New York, Momentum Advisors continues to redefine what a modern investment firm should be: ethical, inclusive, and results-driven. His innovative strategies, commitment to education, and focus on long-term sustainability position him as one of the most influential figures in the financial industry today.