Michael Shimberg is a Private Wealth Advisor for the Valdes Group, a team within Merrill Private Wealth Management. Michael provides tailored strategies and precise implementation for ultra-high-net-worth and corporate clients, helping them streamline the complexities that significant wealth can entail. His professional designations attest to his commitment to excellence. He is a CERTIFIED FINANCIAL PLANNER™, CFP certificant, a designation awarded by the Certified Financial Planner Board of Standards, Inc. Michael also holds the Certified 401(k) Professional, C(k)P designation awarded by The Retirement Advisor University, Inc.
In January of 2023, Michael and team were named to the Forbes "Best-in-State Wealth Management Teams" list, ranking #1 in North Florida. (Published on January 12, 2023. Rankings based on data as of March 31, 2022)* In November 2022, Michael and team were named to the Forbes "America's Top Wealth Management Teams Private Wealth" list, raking number 15 on the list (Published on November 8, 2022. Rankings based on data as of March 31, 2022). In April 2022, Forbes named Michael to its "Best-in-State Wealth Advisors" list for the fourth consecutive year(Published annually Jan – April. Rankings based on data as of June 30 of prior year). In 2018 and 2017, Financial Times named Michael to its “Top 401 Retirement Plan Advisers” list(Published annually May – Oct. Rankings based on data as of Dec 31 of prior year). With more than two decades in financial services, Michael applies in-depth knowledge of financial management, cash-flow analysis, and wealth planning. His areas of focus include legacy design and development, estate coordination, and tax-minimization strategies.* Within Merrill, Michael is a designated Retirement Benefits Consultant.
Michael joined Merrill in 2003 and has been a member of the Valdes Group since 2007. Prior to joining the firm, he spent five years with a regional brokerage firm. He began his career in 1994 as an accountant for a public accounting firm, where he specialized in financial services. He is a graduate of Bucknell University in Pennsylvania, where he earned his B.S. in Accounting.
Michael was born and raised in Tampa, and currently resides there with his wife Ramona and two children Zach and Ashley.
*Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
*Source: The Forbes “America’s Top Wealth Management Teams Private Wealth” list, published on November 8, 2022. Rankings based on data as of March 31, 2022.
Data provided by SHOOK® Research, LLC. Forbes “America’s Top Wealth Management Teams Private Wealth” ranking was developed by SHOOK Research and is based on in-person, virtual and telephone due diligence meetings and a ranking algorithm that includes: a measure of each team’s best practices, client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: assets under management and revenue generated for their firms. Investment performance is not a criterion because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. Rankings are based on the opinions of Forbes and not representative nor indicative of any one client’s experience, future performance, or investment outcome and should not be construed as an endorsement of the advisor. Rankings and recognition from Forbes are no guarantee of future investment success and do not ensure that a current or prospective client will experience a higher level of performance results. SHOOK’s research and rankings provide opinions intended to help investors choose the right financial advisor and team, and are not indicative of future performance or representative of any one client’s experience. Past performance is not an indication of future results. Neither Forbes nor SHOOK Research receive compensation in exchange for placement on the ranking. SHOOK is a registered trademark of SHOOK Research, LLC.
*Source: Financial Times “401 Top Retirement Advisers” list, published annually May - Oct. Rankings based on data as of Dec 31 of prior year.
The Financial Times “401 Top Retirement Advisers” list is an independent listing produced annually by the Financial Times. The FT 401 is based on data gathered from advisers, regulatory disclosures, and the FT’s research. The listing reflects each adviser’s status in six primary areas: DC plan assets under management, DC plan growth rate, specialization in DC plans, years of experience, advanced industry credentials, and compliance record. This honor is not indicative of the adviser’s future performance. Rankings and recognition from the Financial Times are no guarantee of future investment success and do not ensure that a current or prospective client will experience a higher level of performance results, and such rankings should not be construed as an endorsement of the adviser. Neither the advisers nor their parent firms pay a fee to the Financial Times in exchange for inclusion in the FT 401. All rights reserved.
*Source: The Forbes “Best-in-State Wealth Advisors” list, published annually Jan - April. Rankings based on data as of June 30 of prior year.
Data provided by SHOOK® Research, LLC. Forbes Best-in-State Wealth Advisors ranking was developed by SHOOK Research and is based on in-person, virtual, and telephone due diligence meetings to measure best practices; also considered are: client retention, industry experience, credentials, review of compliance records, firm nominations; and quantitative criteria, such as: assets under management and revenue generated for their firms. Investment performance is not a criterion because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. SHOOK’s research and rankings provide opinions intended to help investors choose the right financial advisor and are not indicative of future performance or representative of any one client’s experience. Past performance is not an indication of future results. Neither Forbes nor SHOOK Research receive compensation in exchange for placement on the ranking. For more information, please see www.SHOOKresearch.com. SHOOK is a registered trademark of SHOOK Research, LLC.
*Source: The Forbes “Best-in-State Wealth Management Teams" list, published on January 12, 2023. Rankings based on data as of March 31, 2022.
Data provided by SHOOK® Research, LLC. Forbes “Best-in-State Wealth Management Teams" ranking was developed by SHOOK Research and is based on in-person, virtual and telephone due diligence meetings and a ranking algorithm that includes: a measure of each team's best practices, client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: assets under management and revenue generated for their firms. Investment performance is not a criterion because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. Rankings are based on the opinions of Forbes and not representative nor indicative of any one client's experience, future performance, or investment outcome and should not be construed as an endorsement of the advisor. Rankings and recognition from Forbes are no guarantee of future investment success and do not ensure that a current or prospective client will experience a higher level of performance results. SHOOK's research and rankings provide opinions intended to help investors choose the right financial advisor and team, and are not indicative of future performance or representative of any one client's experience. Past performance is not an indication of future results. Neither Forbes nor SHOOK Research receive compensation in exchange for placement on the ranking. For more information, please see www.SHOOKresearch.com. SHOOK is a registered trademark of SHOOK Research, LLC
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