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Iron Valley Wealth Management
223 Byers Rd, Suite 2
PO Box 87
Chester Springs PA 19425

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Michael B. Karwic, CFP®

Iron Valley Wealth Management

PA: Chester Springs, West Chester, Exton, Downingtown, Thorndale, West Goshen, Frazer and all surrounding areas

CT: Hartford, East Hartford, Wethersfield, Glastonbury, Manchester, West Hartford, Farmington, Canton and all surrounding areas

• Financial Planning
• Wealth Management
• Charitable Gifting
• Education Planning
• Business and Continuity Planning

• Retirement Planning
• Portfolio Management
• Insurance
• Asset Management

• Investment Management
• Tax Preparation
• Estate Planning
• Business and Continuity Planning

About Me

About My Firm

Title in the firm

Investment Specialist

Licenses, Certifications and Designations:

Certified Financial Planner™ practitioner (CFP®)
Chartered Retirement Planning CounselorSM (CRPC®)
Rule 144 Specialist

Biography:

Michael B. Karwic was born in 1969 and grew up in Wethersfield, Connecticut. He received both his Bachelors of Science degree (1991) and his Masters of Business Administration (1997) from The Pennsylvania State University in State College, Pennsylvania. After a number of years in the environmental protection and construction industry Michael joined Merrill Lynch & Co. in 1997 as a financial advisor. He then continued the same role at Morgan Stanley Smith Barney from January of 2005 until November of 2011 when he founded his own wealth management firm, Iron Valley Wealth Management, LLC headquartered in Chester Springs, Pennsylvania with additional meeting space in Hartford Connecticut.

Michael is a Certified Financial Planner TM practitioner as well as a Chartered Retirement Planning Counselor TM. He is also a member of the Sudden Money Institute out of Palm Beach Gardens, Florida, and is actively engaged in the advanced planning training group with that organization.

Michael spends his professional life focusing on the needs of his clients via his relationships with Donnelly Steen, Charles Schwab and Coastal Equities.

Additionally, Michael is a member of the Chester County Estate Planning Council and the Financial Planning Association.

Education:

Smeal College of Business (Penn State University) MBA in Finance
The Pennsylvania State University University Park Campus, Bachelor of Science

Personal Details:

Michael Karwic is actively engaged in philanthropy in the community:
-Chester County Community Foundation; Board Member, Chairman of the Board
-Devereux Kanner Center; Advisory Council Member
-Planned Giving Advisory Council Member
-Exton Region Chamber of Commerce; Past-Chairman
-Multiple Sclerosis Leadership Class of 2008

Geographic Area Served:

PA: Chester Springs, West Chester, Exton, Downingtown, Thorndale, West Goshen, Frazer and all surrounding areas

CT: Hartford, East Hartford, Wethersfield, Glastonbury, Manchester, West Hartford, Farmington, Canton and all surrounding areas

Services:

Financial Planning, Retirement Planning, Investment Management, Wealth Management, Portfolio Management, Tax Preparation, Charitable Gifting, Insurance, Estate Planning, Education Planning, Asset Management, Business and Continuity Planning, Business and Continuity Planning

Firm Overview:

Years ago, Michael had the opportunity to work along side a person, "Andrew", who had won the lottery 17 years earlier. One day this co-worker turned to Michael and said “Mike, I am about to get my seventeenth payment from the lottery commission. I will have only three more checks coming to me, and right now I have almost nothing to show for any of it”.

Michael lost touch with Andrew for about 20 years. Recently, Michael tried to re-establish contact with him, but what Michael found out from others about the outcome for Andrew was heartbreaking.

That experience had a substantial impact on Michael. It illustrated for him just how important it is to establish long-term plans and to measure one’s progress toward those goals along the way. Whether you are in retirement, growing a business, or even collecting lottery winnings, taking the time to develop a thoughtful wealth forecast can make a remarkable difference in your likelihood to succeed. It is with that philosophy in mind that Michael works with his retirement and pre-retirement clients.

He especially enjoys his focus area of working with professional advisors, (especially accountants, attorneys, and M&A intermediaries), and their clients who have suddenly acquired responsibility for a significant lump sum. The source of the financial responsibility might be the sale of a business, the loss of a spouse, an inheritance, a legal award or even winning a lottery. Regardless of the source of the money, the goal is to create and implement a long-term plan that meets the financial needs of the clients today and beyond, while incorporating their wishes regarding their children, philanthropic interests and their communities.

A Connecticut native, Michael now lives with his wife Amanda and their three children in Elverson, Pennsylvania in a stone house built in 1833. Some of his favorite joys are golfing, flying his Cessna aircraft, and most of all, spending time in a variety of activities with his energetic family.

The Sudden Money© Institute is the resource center for financial transition management for individuals and their advisors. Through ongoing training SMI advisors have the unique capabilities required to integrate the technical aspects of money with the human experience of managing change and transition.