Michael J. Chibidakis, CFP® joined Raymond James Financial Services and McNeely Financial Strategies in October of 2013 as a Financial Advisor and offers discretion on accounts with the Raymond James Ambassador platform. Michael brings an extensive financial background form Oppenheimer, Chase Investments and Morgan Stanley Smith Barney.
He has been with working with individuals and small businesses for the past 17 years, concentrating on the financial planning process to help his clients meet their specific family and business financial goals. The financial planning process is the cornerstone of Michael’s successful business practice. “Having discretion on accounts with the Raymond James Ambassador platform and a detailed sell discipline helps my clients remain confident knowing that someone has an active interest in their investment success.”
Michael holds the CERTIFIED FINANCIAL PLANNER™ designation by the Certified Financial Planner Board of Standards, Inc.
Michael serves on the Board of Directors for two youth organizations; Granada Hills Youth Recreation Center as President and North Valley Youth Baseball as Shetland Director. He helped negotiate a 45-year lease extension with the City of Los Angeles to keep youth sports in Granada Hills for generations to come. Michael served on the Board of Directors for the Sherman Oaks Chamber of Commerce as Treasurer, Vice-President and President (2006) and is now the treasurer of the Granada Hills North Neighborhood Council.
Prior to joining Smith Barney, Michael worked 13 years in the Office Equipment Industry in both Sales and Management.
He is married to Susan who is an Attorney in Encino, CA. They have two children, Ryan (16) and Maggie (13). Originally from San Francisco, he and his family have made Granada Hills, CA, their home since 1995.
In a fee-based account, clients pay a quarterly fee, based on the level of assets in the account, for the services of a financial advisor as part of an advisory relationship. In deciding to pay a fee rather than commissions, clients should understand that the fee may be higher than a commission alternative during periods of lower trading. Advisory fees are in addition to the internal expenses charged by mutual funds and other investment company securities. To the extent that clients intend to hold these securities, the internal expenses should be included when evaluating the costs of a fee-based account. Clients should periodically re-evaluate whether the use of an asset-based fee continues to be appropriate in servicing their needs. These additional considerations, as well as the fee schedule, are listed more fully in the Client Agreement and the Raymond James & Associates Wrap Fee Program Brochure & Brochure Supplement for Ambassador