As one of the three principal financial advisors of Water Street Wealth Management, Michael offers comprehensive wealth planning to our clients. He begins by identifying each client’s current situation and gaining an understanding of their needs and goals in order to evaluate and implement strategies that address important financial issues and minimize any gaps in their plan.
Highly experienced in wealth planning strategies and business planning for affluent individuals and business owners, Michael has extensive knowledge in the areas of estate, business and retirement planning.
Being an effective listener helps Michael develop plans and strategies that precisely address each client’s specific needs and situation. He is well-versed in working with business owners, estate attorneys and CPAs helping clients with all aspects of their financial lives.
Ultimately, his goal for his clients is to guide them and their families through all the significant stages of life, so they can focus on enjoying their lives.
During a career that has spanned more than 37 years, Michael held numerous positions including most recently as a financial advisor at Wells Fargo Advisors. He spent the first 17 years of his career in accounting, management and consulting positions that allowed him to build a solid foundation for being able to assist our clients. He has spent the last 20 years utilizing these foundational experiences to help make a difference in clients’ lives. In addition, he served as an adjunct faculty member in Accounting at the University of Detroit-Mercy.
Michael is a CPA and holds Series 7, 24, 63 and 65 securities licenses and Michigan resident life, health insurance and variable contract licenses. He earned a bachelor’s degree in accounting from Michigan State University and an MBA from Wayne State University.
He is a member of the American Institute of CPAs, the Michigan Association of CPAs, the MACPA Curriculum Task Force, and the MACPA Personal Financial Planning Task Force. Michael is a board member and treasurer of the Shearer Block Condominium Association. He is also a member of the Men’s Philanthropy Group at the Bay Area Community Foundation.
Michael lived all but the last 5 years in Metro Detroit before moving to Bay City, where he lives today with Barbara, his wife of 34 years. They have two grown children, Sarah and Joshua. In his free time, Michael enjoys cooking, travel, exercise, reading and anything related to Michigan State University.
* The tax advice and/or services of Michael Wegener are independent of Raymond James. As Financial Advisors of Raymond James, we are not qualified to render advice on tax or legal matters. You should discuss tax or legal matters with the appropriate professional.