Michael Schupak| CFP®
Schupak Financial Advisors
- Fee-Only Financial Planning
- Ongoing Investment Management
- Low Fee Diversified Investments
- Comprehensive Financial Plans
- Scenario Analysis
- Retirement Planning
- Tax Planning
- 401(k) and IRAs
- Employee Benefits
Jersey City, NJ 07302
New York, NY 10018
Fee-Only & Fiduciary
The National Association of Personal Financial Advisors (NAPFA) is the country's leading association of fee-only and fiduciary financial planners.
Schupak Financial Advisors is a Fee-Only firm dedicated to helping you demystify the world of finance and achieve your goals through financial planning and investment management. We specialize in working with high achieving, urban professionals in the prime of their career. We are proudly an approved Dimensional Funds Advisor (DFA).
Financial planning and investing can be both intimidating and overwhelming. I want to be there to help you understand your financial picture, plan for the future and prevent costly mistakes that you may regret down the road.
I’m patient, detail oriented and enjoy teaching others. Being left brain dominant, I have a love for probability and numbers. I enjoy reading the latest white papers on investing and appreciate the variety that comes with each financial planning engagement.
Outside of work, I love to spend time with my wife. We are avid skiers and she has spread her travel bug to me over time. I strive to always eat healthy but burgers and pizza occasionally get in the way. I’m a big NY Jets fan, but otherwise, a casual sports fan. I’m always up for a game of chess, basketball or a round of golf.
Professional Background - I worked in the corporate world at both start-up and fortune 500 companies for over 10 years in: financial planning & analysis, tax, insurance, accounting, debt financing and treasury. I lived in Scranton, PA (as “The Office” gained popularity) before moving to Chicago for a few years and eventually back to New York City. Ultimately, I decided to pursue my passion, financial planning, and pivot from helping corporations plan and improve their finances to serving individuals and families. I’ve earned a Certificate of Financial Planning from Boston University, completed the Financial Planning Association Residency Program and I am a Certified Financial PlannerTM professional.
Our Investing philosophy is centered around global diversification with low fee and low turnover holdings. Our portfolios are grounded on the research and published works from well-known and Nobel Prize winning scholars such as:David Booth, Eugene Fama (Nobel Prize Winner of Economics), Robert Shiller (Nobel Prize Winner of Economics) and Mebane Faber.
Financial Planning – We believe a “bottoms up” cash flow approach is the cornerstone to completing a robust comprehensive financial plan. In our opinion, these inputs provide the most accurate projections for your financial future. In general, we prefer term life insurance and stay clear of annuities. Debt can be a great tool to increase your wealth, but can also be crippling, so it should be taken on cautiously. We expect financial plans to change over time, sometimes for better and other times for worse. However, we believe by working with you along the way, we can anticipate potential challenges and proactively, not reactively, positively impact your future.
Life – While protecting your assets, reaching your goals and creating wealth are very important, above all, we think it’s most important to enjoy life. Our job is to give you the background and framework to make your own decisions, irrespective of whether you choose the financially optimal one. We work in a no judgement zone!