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Michael Savy

Partner
Financial Planner
SMSF Specialist

Michael is a Partner of Empower Wealth and heads up our Financial Planning Division. He has more than 16 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.

Michael was excellent in helping me review my insurance needs & understand my insurance options. I work full-time so being able to schedule discussions about this outside of normal work hours was really convenient for me. Very happy with the communication and the streamlining of the whole process so there was minimal paperwork for me to do — thank you Michael and Sam.

- Teena May 2019

Michael and Claudine have been excellent and their knowledge and advice provided were fully at the interest of benefiting their clients. Without hesitation we trust their advice because straight away we knew they both cared in making us financially better and safer. We look forward to getting in touch back with Michael and Claudine for our next review and catch up!!

- David April 2019

Michael and his team are very professional and taking time to explain things to me. Michael was very generous with his time and very flexible to work with me on the weekend. He explained thing in a very clear and easy to understand and helping me develop an investment strategy. Thank you so much.

- Piyada March 2019

I found that Empower Wealth team did a good job at explaining things and clarifying thing, especially Brendan and Michael. The process was smooth and easy. I am now looking forward to putting them into action.

- Piyada January 2019

Thank you so much to Thomas and the team for managing the lending on both our personal and SMSF purchases. We really cannot express our gratitude and appreciation for the excellent service and follow-up you provided during the process, which ensured that everything went smoothly.  We would like to give a special mention to Anastassia for going above and beyond in making sure our loan docs got to where they needed to go on time! We look forward to working with you all again very soon.

- Jaki and David August 2018

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