The DERBEND story

Investing truly is a narrow path. At Derbend Asset Management, we believe in this idea—so much so that we named our company after it.

Derbend is the name of a village tucked away near the highest point of the Caucasus Mountains in Dagestan, a region in southern Russia. It was from this village that the legendary Murid warrior, Shamyl, fought for decades to protect his people from the Russian Czar's troops in the 1800's. The significance of the name comes from the English translation from the local dialect; Derbend means “the narrow path."

Today's investor must navigate the often confusing and undetectable path through global financial markets. Using our experience and expertise in these  markets, the team at Derbend Asset Management will be your guide on the narrow path to financial wellness. Our goal is to help our clients manage risk and enjoy real diversification across global equity, fixed income, and alternative asset classes by steadily following the narrow path to financial stability and security.  Simultaneously, we want clients participating in the growth of innovative sectors and companies in these exciting times.

Investing truly is a narrow path. At Derbend Asset Management, we believe in this idea—so much so that we named our company after it.


To help our clients achieve financial wellness through participation in global investment strategies and by crafting diverse portfolios that account for risk across multiple asset classes.


Chip Beard - Partner

Brian Chustz, JD - Partner

Preston Sharpe CFP®, AAMS® - Investment Advisor Representative

Nathan Ellyson, CPA - Investment Advisor Representative and Tax Advisor

Rosalind Cannon - Office Administrator

Megan Hendrick - Client Service Administrator

Support You Can Count On

TD Ameritrade (a subsidiary of Charles Schwab) serves as an established and reliable resource as we work with our clients. As an independent IRA using TD Ameritrade is a custodian, we have access to innovative technology platforms, advisory resources, and highly secured account systems to protect your assets. You can have peace of mind knowing that we are held accountable by one of the most influential online brokers. When you trust Derbend with your investments, you are also safeguarded by TD Ameritrade. 

TD Ameritrade, Inc. is one of the firms that we use to custody our client assets. TD Ameritrade, Derbend Asset Management, and the other entities named are separate and unaffiliated firms, and are not responsible for each other's services or policies. TD Ameritrade does not endorse or recommend any advisor and the use of the TD Ameritrade logo does not represent the endorsement or recommendation of any advisor. Brokerage services provided by TD Ameritrade Institutional, Division of TD Ameritrade, Inc., member FINRA/SIPC. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. Used with permission.