Navigating Financial Horizons with Mike Baumann
Meet Mike F. Baumann, 3rd — an Independent Financial Services Professional with a rich background in finance and a commitment to guiding individuals and families towards financial success. Graduating with honors from the prestigious Wharton School of Business at the University of Pennsylvania in 1982, Mike’s journey into the world of finance has been nothing short of remarkable.
Mike Baumann’s career took a pivotal turn when his prior work with the Small Business Administration, coupled with his financial acumen from Wharton, caught the attention of executives at Merrill Lynch. After a brief stint in the Melbourne, FL branch, Mike seized the opportunity to found Honor Financial Group, Inc. in October 1987 — just weeks before the infamous stock market crash.
With over three decades of experience, Mike has become a trusted advisor, consulting with a diverse range of clients, including pre-retirees and those already in retirement. His clientele spans various professions, from business owners and doctors to attorneys, realtors, bankers, accountants, and employees of Fortune 500 companies.
Mike’s extensive financial knowledge is reflected in his impressive array of licenses, including Series 7, 63, and 65 full securities licenses, along with insurance licensure. He has also completed comprehensive coursework, delving into various aspects of retirees’ concerns such as housing, health issues, finances, and estate planning.
One of Mike’s key strengths lies in his expertise in IRA and asset distribution strategies. Specializing in stretching distributions from retirement plans, he works closely with clients to create multiple streams of lifetime income for their beneficiaries, including spouses, children, and grandchildren.
Beyond the world of finance, Mike’s life in Indian Harbour Beach, FL, is filled with joy alongside his wife Robin. An avid golfer, snow skier, fitness enthusiast, and travel aficionado, Mike embodies a holistic approach to life that extends beyond the balance sheets.
In conclusion, Mike Baumann is more than a financial planner; he is a seasoned professional with a passion for helping clients navigate the complex seas of finance. His story, from the halls of Wharton to the founding of his financial group, showcases resilience, expertise, and a dedication to the financial well-being of those he serves. As individuals and families look towards securing their financial futures, Mike Baumann stands ready to guide them towards their goals with unwavering expertise and commitment.
