David Martin Darst, CFA
Managing Director & Chief Investment Strategist, Morgan Stanley Smith Barney
David M. Darst, CFA, is a Managing Director and Chief Investment Strategist of Morgan Stanley Smith Barney with responsibility for Asset Allocation and Investment Strategy, and was the founding President of the Morgan Stanley Investment Group. He joined Morgan Stanley in 1996 from Goldman Sachs, where he held Senior Management posts within the Equities Division and earlier, for six years as Resident Manager of their Private Bank in Zurich.
David is the author of seven books: (i) The Complete Bond Book (McGraw-Hill); (ii) The Handbook of the Bond and Money Markets (McGraw-Hill); (iii) The Art of Asset Allocation, Second Edition (McGraw-Hill); (iv) Mastering the Art of Asset Allocation (McGraw-Hill); (v) Benjamin Graham on Investing (McGraw-Hill); and (vi) The Little Book That Saves Your Assets (John Wiley & Sons), which has ranked on the bestseller lists of The New York Times and Business Week. His financial works have been translated into Chinese, Japanese, Russian, German, Korean, Italian, Indonesian, Norwegian, and Vietnamese. In 2011, Sea Point Press published David’s seventh book, Voyager 3, which contains his creative writing.
David appears frequently on CNBC, Bloomberg, FOX, PBS, and other television channels, and has contributed numerous articles to Barron’s, Euromoney, The Money Manager, Forbes.com, The Yale Economic Review, and other publications. He broadcasts and writes extensively on asset allocation in the Firm’s biweekly Investment Strategy and Asset Allocation Commentary and in the Morgan Stanley Smith Barney monthly publication, Asset Allocation and Investment Strategy Digest, the predecessors of which he launched in 1997.
David earned his MBA from Harvard Business School and was awarded a BA degree in Economics from Yale University. David has lectured extensively at Wharton, Columbia, INSEAD, and New York University business schools, and for nine years, David served as a visiting faculty member at Yale College, Yale School of Management, and Harvard Business School. David is a CFA Charterholder and a member of the New York Society of Security Analysts and the CFA Institute.
