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Michael Savy

Chief Financial Planner
SMSF Specialist

Michael is a Partner of Empower Wealth and he is the Chief Financial Planner. 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 an SMSF Specialist. 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.

I wasn’t sure if I was in a position to retire but when you guys crunched the numbers and explained a plan we could follow it is happy days so far

- Peter Ednie, VIC December 2023

Thanks very much for all your help in being able to sort out my insurances. I know there were a couple of hiccups here and there regarding some historic injuries. It’s good to know that it’s all sorted and I’m paying much lower rate compared to what I could find for myself.

- Dom Brizzi, NSW March 2023

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

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