Our Team

With more than 16 years of experience in the financial services industry, Edward Kotak has spent his career advising clients and leading financial firms. Today, as the Founder and CEO of Island Wealth Solutions, he brings that experience directly to individuals, families, and business owners looking to make confident, informed decisions about their financial futures.

Edward believes financial planning shouldn’t make life feel more complicated—it should make it feel simpler. His approach starts by understanding what matters most to each client: their goals, concerns, family, lifestyle, and vision for the future. From there, he helps develop a personalized strategy designed around their unique circumstances rather than a one-size-fits-all solution.

His areas of focus include wealth management, retirement planning, tax-efficient strategies, risk management, and legacy planning. Throughout his career, Edward has worked with young professionals and growing families building their financial foundations, established professionals and business owners accumulating wealth, and individuals and families preparing for or already enjoying retirement.

He also has significant experience helping individuals navigate employer-sponsored retirement plans, including 401(k) and 403(b) accounts, and understand how those benefits fit into their broader financial picture.

As the founder of Island Wealth Solutions, Edward has built his practice around a simple philosophy: clients deserve to understand not only what they are doing with their money, but why they are doing it.

His goal is to build long-term relationships rooted in education, transparency, and personalized advice. Whether he is helping a young family build wealth, guiding a business owner through succession planning, helping someone transition confidently into retirement, or developing strategies designed to preserve wealth for the next generation, Edward strives to turn complex financial decisions into clear, actionable conversations.

Outside of the office, Edward is a devoted family man and lifelong dog lover who believes life is simply better with a few four-legged companions by your side. When he isn’t spending time with his family and dogs, you’ll likely find him traveling, golfing, or enjoying the freedom of the open road on his motorcycle. He also appreciates a great tequila or bourbon and is always on the lookout for the next bottle worth adding to his collection.

Edward is a Registered Representative and Investment Adviser Representative of, and securities and investment advisory services are offered solely by Equity Services, Inc., Member FINRA/SIPC. Edward offers securities in New York and is insurance licensed in New York.

With over 30 years of experience in the financial services industry, David D’auria is passionate about helping individuals, families, and business owners craft personalized strategies to achieve their financial goals and build lasting legacies. His approach is rooted in developing long-term relationships, providing guidance that reflects each client’s unique vision, values, and aspirations. David and his team utilize one of the most comprehensive financial platforms available today. By creating customized “life maps,” they guide clients through life’s many transitions—whether it’s preparing for retirement, selling a business, navigating a career change, or planning for marriage and family. His holistic approach focuses on enhancing, protecting, and growing wealth through thoughtful planning and proactive advice. David also has extensive experience working with educators, offering expertise in 403(b) and TDA accounts, pension analysis, and retirement planning. His goal is to help teachers maximize their benefits and feel confident about their financial future.  No matter the season of life—whether celebrating major milestones or navigating the unexpected—David is committed to being a steady, trusted advisor for every step of the journey.  Beyond his professional work, David is deeply involved in the community. He proudly serves on the Long Island advisory boards of the American Cancer Society and Friends of Karen, reflecting his strong dedication to service and making a meaningful impact in the lives of others.

David D'Auria is licensed to sell securities in NY, NJ and is insurance-licensed in NY, NJ and FL.