Broker Check
Michael Baumann

Michael Baumann

Michael F. Baumann, 3rd is an Independent Financial Services Professional. Mike took an accelerated graduation from the prestigious Wharton School of Business at the University of Pennsylvania in 1982. Mike's prior work with the Small Business Administration and his Wharton financial background caught the eye of executives at Merrill Lynch. After a brief stay in the Melbourne, FL branch, Mike left Merrill to found Honor Financial Group, Inc. The timing was extraordinary. Two weeks later, the stock market crashed. It was October, 1987.
  
Over the years, Mike has consulted with a wide variety of clients. He assists both pre-retirees and those in retirement, specializing in ages 55 and up, as well as extended families. His client's careers span all walks of life, including business owners, doctors, attorneys, realtors, bankers, accountants, and employees of Fortune 500 companies.

Mike currently holds the Series 7, 63, and 65 full securities licenses, and is insurance licensed as well. He has completed extensive coursework, including a 20-part program, providing expertise in many areas related to retirees' issues, including housing, health issues, and of course, retiree finances and estate planning.
 
In addition, Mike has extensive expertise in the areas of IRA and other asset distribution and preservation strategies for future generations. He specializes in stretching distributions from qualified and non-qualified retirement plans, working with his clients to generate multiple streams of lifetime income for their beneficiaries (spouse, children, and grandchildren).

Living in Indian Harbour Beach, FL, with his lovely wife Robin, Mike enjoys golfing, snow skiing, exercising, and traveling.