Mike Savage is a sought-after writer and speaker on financial matters. Mike has a weekly column in the local paper - The Pocono Record. In addition, he has done numerous seminars and is frequently interviewed by financial writers researching stories. Quotes from Mike have appeared in Smart Money.com, AOL Daily Finance, Eastern Pa Business Journal, US News.com, Financial Planning magazine, AARP.org, Daily Finance, Marketwatch.com and CNBC.com.
In addition, Mike has appeared as a guest on CNBC Closing Bell, Advisor Network, Power Lunch, etc. He has also appeared on Fox 29 Philadelphia, Fox Business and WFMZ discussing various topics.
Mike started Savage Financial Group, Ltd. with Ken Park in February of 2010 after 25 years of service with two firms.
In 1984 Mike joined MetLife in Lynbrook, NY. He specialized in small group health plans and led MetLife nationally in small group health plans in 1987 and 1988. In 1989 he got his series 6 and 63 licenses and started with MetLife Securities. At this time he started setting up portfolios for individual investors.
In 1996 Mike got his ChFC degree from the American College and went on to complete a financial planning program with MetLife Securites. At that time financial planning was added to the practice.
Mike then passed the series 7, 65 and 26 exams and became a registered principal.
After a brief time of being a registered principal for MetLife Securities in Wilkes-Barre, PA Mike joined Wachovia Securities in November of 2001.
From 2001-2010 Mike was a financial advisor for Wachovia Securities and was engaged in managing people's portfolios and helping them plan for their futures.
Mike has been married to Lynn Savage for 31 years and has four children. Michael Jr., Joey, Chris and Marissa. He has lived in Bartonsville, Pa since September of 1994. Mike is active in Our Lady Of Victory Parish in Tannersville, Pa. and CCPT (Concerned Citizens of Pocono Township). In addition to the Savage Financial Group, Mike is also a partner in the Tower Financial Group in Newtown Square, Pa.
Ken Park most recently joined the Savage Financial Group in early 2010 to build a financial practice that allowed for greater attention to each individual client. Prior to this change, Ken Park spent his career with Wachovia Securities, Wachovia Bank, and Wells Fargo Company.
During his six year career, Ken Park developed a well-rounded understanding of financial services due to the flexibility of the positions he held. Ken Park began on the investment side of the business in 2004, incorporated banking, financing, and insurance as a top-performing Senior Financial Specialist in 2005, and ended his career with Wells Fargo Company as a Regional Bank Private Banker in 2010. The variety of roles and responsibilities provided valuable experience for dealing with a wide-range of clientele and all of the challenges and solutions that arise.
Ken still felt that he and his clients deserved better resources and flexibility to achieve their mutual goals of managing and preserving wealth. Raymond James has provided all of this opportunity and more. He is very excited and motivated to share some of these benefits with future clients.
Ken is a graduate of the Stillman School of Business at Seton Hall University in South Orange, New Jersey. He maintains a Series 7, 63, 65, Life, Accident & Health Insurance licenses. He is originally from New York but resides with his wife, Herneth, and his two children, Kennedy and Madeline, in Easton, Pennsylvania.
About Raymond James
In 1962, Bob James set out to build a different kind of financial services firm – one that put people, planning and principles first. And now, more than 50 years later, Bob's different kind of firm is one of the leading independent financial services companies in the United States.
Raymond James has grown to become a well-respected, widely recognized multinational firm with distinct business units that serve a variety of clients, from individuals and small business owners to municipalities and major corporations.
October 19, 1987: Black Monday. While other firms closed their trading desks to minimize internal losses, Raymond James kept its desks open to meet clients’ needs. Because of Raymond James’ agency-based business model and commitment to client service, this was our first, last and only unprofitable quarter since the firm went public.
We can be sure the markets will change over the next 25 years, and that our industry and firm will continue to evolve. What won’t change is our commitment to the values that have driven our success.
Hear what Tom James, our executive chairman, had to say about the accomplishment of 100 consecutive quarters of profitability achieved in early 2013.1
By the numbers*
- Over 6,200 financial advisors
- More than 2.5 million client accounts
- Over 2,500 locations throughout the United States, Canada and overseas
- Approximately $479 billion in total client assets
It’s been our privilege for more than 50 years to support the goals of our clients and to give back to the communities in which we live and work – and we look forward to continuing to do so for many, many years to come. To take a “scroll” down memory lane, explore our history at RAYMONDJAMES.COM.
*As of 4/23/2014
1Past performance is not indicative of future results. The information provided is for informational purposes only and is not a solicitation to buy or sell Raymond James Financial stock.