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Michael Savy

Chief Financial Planner
SMSF Specialist

Michael is a Partner of Empower Wealth and heads up our Financial Planning Division. He has more than 20 years of experience in the financial planning and banking industry.

Michael holds a suite of qualifications within the industry; a Bachelor of Commerce (Corporate Finance), Certified Financial Planner (CFP) and he is a SMSF Specialist Adviser (SSA) with the SMSF Association. Michael is also a Fellow of the Financial Services Institute of Australia.

Acknowledging a keen interest in economics and business, Michael’s passion is to drill into the ‘real’ numbers that tell the trust about performance and future potential. He much preferred the holistic and personalised nature of financial planning and this insight led him to further his studies in this industry.

In 2001, Michael started as a Strategic Planner in a large boutique firm in South Australia before moving to Melbourne in 2004 to join one of the largest banking firms, ANZs as a paraplanner.

In 2006, Michael moved on to join Meritum Financial Group to continue his paraplanning career. While in Meritum, he also took up the role to provide Technical and Compliance advice to other financial planners within the group ensuring a consistent and high quality process that met the standards set by professional industry bodies such as FPA and AFA. On top of that, he was also providing Finance Planning advice to help clients build up their personal wealth base.

Michael joined Empower Wealth in 2010 as its first principal Financial Planner and in the following 6 years, has worked his way into a partner position in recognition of his relentless efforts to drive value and returns for his clients. He provides advice in a number of areas including financial assets such as shares and managed investments, superannuation and personal insurances.
Using his skills to provide guidance to his clients, Michael finds it extremely rewarding to witness their wealth creation strategies come to fruition in later years.

Every single person we interacted with at Empower Wealth knew us by name, understood exactly what we wanted, understood our needs, and our unique financial situation. We were prompted to ask any and all questions and always received a fast and thoughtful reply. Our meetings always felt detailed, and we were never rushed through any of the processes. I cannot recommend Empower Wealth enough.

- Izabel Jacobson, NSW July 2021

Micheal and Sam have been great to deal with. Made the process stress free.

- Luke, VIC October 2019

Michael and all the team at Empower have been amazing. Always on hand to answer questions when needed and with a wealth of knowledge and good advice during our meetings. Michael tailored my partner and my needs individually and provided the best package for both of us respectively.

- James, VIC September 2019

Even though we were set on our investment journey, we did not have our ‘Defence’ in place. The financial planning team at Empower Wealth provided us a complete assessment of our risks and assurance that they’re with us for the long haul.

- Robbert June 2019

Micheal and his team went well over our expectation.

- Ryan May 2019

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