Derek EngenDerek Engen, CFP®Wealth Planning Specialist
About Derek
Derek Engen is a Wealth Planning Specialist at J.P. Morgan Wealth Management.
Derek advises a diverse range of clients, including entrepreneurs, C-suite executives, early startup employees, and partners in venture and private equity firms, helping them integrate and align multiple facets of their wealth. His approach encompasses a financial-planning perspective as well as a holistic review of a client's balance sheet, resulting in a deep understanding of each client's distinctive financial needs.
Derek's areas of focus include asset allocation, liquidity, cash flow and debt management, concentrated stock management, stock option and equity sale plans (including 10b5-1 plans), qualified small business stock, retirement planning, and charitable planning. Drawing on his background as a former practicing CPA, he leads tax planning for the team, evaluates investment portfolios for tax efficiency, and advises clients about wealth transfer strategies, trust design, and estate and gift planning.
In his role as a Wealth Planning Specialist, Derek works collaboratively with the members of his team, as well as specialists, firm wide. Together, they look to uncover possible efficiencies across multiple contexts of client wealth, including family engagement and governance, trustee services, insurance advisory, and banking and lending services. Derek also collaborates closely with clients' external advisors, such as CPAs and estate attorneys, advancing clear communication on shared initiatives.
Derek has worked in financial services since 2014. Prior to joining J.P. Morgan Wealth Management, he was a Financial Planner at First Republic, where he specialized in wealth transfer and multigenerational planning. Earlier, he spent more than four years at Seiler LLP, where he was a Tax Supervisor, focusing on income, trust, estate and gift taxes.
Derek earned his B.A. in Economics and Accounting from the University of California, Santa Barbara. He holds the CERTIFIED FINANCIAL PLANNER® certification awarded by the CFP®Board of Standards, Inc.
Derek is also a licensed Certified Public Accountant (CPA) in the state of California and holds the Personal Financial Specialist (PFS) designation issued by the American Institute of Certified Public Accountants.
A long-time resident of the Bay Area, Derek lives with his wife Cynthia and their daughter.
CFP Board owns the marks CFP® and CERTIFIED FINANCIAL PLANNER® in the U.S.
Insights
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July Jobs report highlights US job growth has slowed significantly; markets react negatively
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August 8, 2025After last week’s jobs report, markets snapped back. We examine the underlying dynamics.Read NowInsight 7: Develop a capable and committed rising generation
August 5, 2025Members of the younger generation are the future stewards of the family enterprise, so it is important to invest time and resources in cultivating their interests and skills.Read NowJuly Jobs report highlights US job growth has slowed significantly; markets react negatively
August 4, 2025Job growth slowed in July with only 73,000 new jobs added and earlier months revised sharply lower, showing the labor market has weakened.Read NowDifferentiating large from small: Firm size and exposure to trade tensions
August 1, 2025With tariffs likely to settle at elevated rates, we explore how company size may shape the impactRead NowJuly 2025 Fed meeting: Rates hold steady once again, potentially setting up fall intrigue
July 31, 2025The Federal Reserve held rates steady once again in July, but the decision wasn’t unanimous. What could that mean for economic policy going forward?Read NowInsight 1: Build and sustain a “great” extended family
July 30, 2025Investing in family development can have a long-lasting impact on your family’s wealth and legacy of values and traditions.Read NowDefying the tariff drag: 3 reasons markets are moving forward
July 25, 2025The risks are real, but so is resilience. Here’s why fears about trade and policy setbacks are fading.Read NowCapitalizing on the tax-deferral advantage of a variable annuity
July 24, 2025A variable annuity is a tax-deferred retirement product that accumulates funds or distributes income based on the performance of the underlying investment options chosen by the contract owner. Read why this can be especially beneficial for individuals in a high tax bracket.Read NowHow to use life insurance as a financial asset
July 23, 2025Yes, life insurance can offer a benefit to loved ones when you pass, but it can also be a financial asset during your life. Learn how it works.Read Now