Mike Slaggie
Mike Slaggie, AIF® President, SCG Branch Manager, RJFS

Mike founded Slaggie Capital Group in 2010 and has more than 20 years of experience serving in the Financial Services industry, 13 of which have been with Raymond James.

Operating in the Midwest, Mike provides services to select families and institutional clients, such as foundations, endowments and trusts. He specializes in using the Raymond James Institutional Investment process, which provides a clearly defined and disciplined approach to financial planning. This includes Investment Policy development/review, optimized investment account construction, searching for and hiring quality money managers, and account management.

Mike approaches his work by building a partnership with clients that focuses on their needs, wants and wishes for the future. Each account recommendation is customized to the client’s situation and, with the assistance of our Goal Planning and Monitoring software, provides real-time expectations for success that account for changes in the market and the life of the client.

Mike has had the proud honor of being listed as a top advisor in several publications, which include the Barron’s “Top 1,200 Financial Advisors” from 2018-20231; the Forbes’ List of “Best-In-State Wealth Advisors” from 2018 to 20232; and the Financial Times Top 400 Financial Advisors “FT 400” in 2018 and 20203. Internally, Mike has been named to the Raymond James Leaders Council from 2018 – 2019, and the top tier Chairman’s Council beginning in 20204.

Mike graduated from St. Mary’s University of Minnesota in 1993 with a BA in Political Science. Before joining Raymond James, he was a Senior Investment Consultant at Robert Baird & Co. from 2000-2010. To keep pace with the everchanging field of finance, Mike participates in multiple educational conferences, including the Raymond James’ annual National Conference for Professional Development; the invitation-only Asset Management Services Top Producer Symposium, and various educational opportunities through the Institute of Investment Management Consulting.

A firm believer in community involvement, Mike serves as Vice President of the Slaggie Family Foundation and is the founder of the non-profit organization, Hurry Back Productions, which provides arts programming and promotion in Winona and Southeast Minnesota.

Mike continues his lifelong residency in Winona alongside his wife, Amanda, their three children, Alex (16), Jack (14), and Evie (6), two dogs, Leo and Zeus, and a varying number of chickens. He enjoys attending his boy’s hockey, baseball, and soccer practices and games. As a family, they enjoy family vacations and spending summers boating on the Mississippi River.

1Source: Barron’s “Top 1,200 Financial Advisors,” March 2023.  Barron’s is a registered trademark of Dow Jones & Company, L.P. All rights reserved.  The rankings are based on data provided by 5,630 individual advisors and their firms and include qualitative and quantitative criteria. Time period upon which the rating is based is from 09/30/2021 to 09/30/2022, and was released on 03/15/2023.  Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. Investment performance is not an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients’ risk tolerance than by an advisor’s investment picking abilities. The ranking may not be representative of any one client’s experience, is not an endorsement, and is not indicative of advisor’s future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. Barron’s is not affiliated with Raymond James. 

2The Forbes Top Wealth Advisors Best-In-State 2023 ranking, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. This ranking is based upon the period from 6/30/2021 to 6/30/2022 and was released on 4/4/2023. Those advisors that are considered have a minimum of seven years of experience, and the algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Out of approximately 39,007 nominations, 7,321 advisors received the award. This ranking is not indicative of an advisor's future performance, is not an endorsement, and may not be representative of individual clients' experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Raymond James is not affiliated with Forbes or Shook Research, LLC. Please visit https://www.forbes.com/best-in-state-wealth-advisors for more info. 

3The Financial Times 400 Top Financial Advisors is an independent listing produced annually by Ignites Research, a division of Money-Media, Inc., on behalf of the Financial Times (April 2020). To qualify for the list, advisers had to have 10 years of experience and at least $300 million in assets under management (AUM) and no more than 60% of the AUM with institutional clients. The FT reaches out to some of the largest brokerages in the U.S. and asks them to provide a list of advisors who meet the minimum criteria outlined above. These advisors are then invited to apply for the ranking. Only advisors who submit an online application can be considered for the ranking. In 2020, roughly 1,040 applications were received and 400 were selected to the final list (38.5%). The 400 qualified advisers were then scored on six attributes: AUM, AUM growth rate, compliance record, years of experience, industry certifications, and online accessibility. AUM is the top factor, accounting for roughly 60-70 percent of the applicant's score. Additionally, to provide a diversity of advisors, the FT placed a cap on the number of advisors from any one state that's roughly correlated to the distribution of millionaires across the U.S. The ranking may not be representative of any one client's experience, is not an endorsement, and is not indicative of an advisor's future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. The FT, Ignite Research, and Money-Media, Inc. are not affiliated with Raymond James.

4Membership is based on prior fiscal year production. Re-qualification is required annually.  The ranking may not be representative of any one client’s experience, is not an endorsement, and is not indicative of an advisor’s future performance. No fee is paid in exchange for this award/rating. 

The projection or other information generated by Goal Planning & Monitoring regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Goal Planning & Monitoring results may vary with each use and over time.

Raymond James is not affiliated with any of the organizations mentioned in this material.