The roots of CD Wealth Management go back to 1939, when Bill Waldman, Scott Cohen’s great uncle, became a life insurance agent. Bill’s brother, Erwin (Scott’s grandfather), joined Bill in 1949 and formalized the name as Waldman Bros Insurance Agency. joined Bill in 1949 and formalized the name as Waldman Bros Insurance Agency. After decades of growth and success, Howard Cohen and Steve Waldman, Scott’s father and uncle, joined the firm. Howard and Steve continued the vision and success started by Erwin and Bill and propelled Waldman Bros to great heights. Continuing the family tradition of hard work, dedication and extra ordinary customer service, Scott Cohen joined Waldman Bros in 1995.
In 1993, after graduating with an economics degree from the University of Texas at Austin, Scott began his financial planning and wealth management career at a local Dallas firm. Two years later, he joined the family company, bringing with him an added new line of business for Waldman Bros—wealth management and investment advisory services.
During Scott’s tenure, the wealth management division continued to grow and flourish with the development of a strong team focusing on comprehensive financial planning implementing wealth management strategies, including broad-based investment advisory services combined with estate planning.
In 2004, Andy Dropkin, Scott’s close friend and University of Texas pledge brother, joined Scott at Waldman Bros from the private wealth management group at a large Wall Street bank, and the two of them took the private wealth management division to new heights. Both Scott and Andy are committed to helping improve their clients’ financial road maps through life-long financial strategies, financial self-defense, and retirement and estate planning. With the founding of CD Wealth Management, Scott, Andy and their team continue to focus on their clients’ goals and financial objectives while their alliance with Waldman Bros allows their clients’ insurance needs to be met, continuing the family tradition of superior service and integrity.