Nationwide Planning Associates, Inc.
Michael Karalewich, CFP(r) has extensive experience in the financial services industry. Michael began their career in 2006 as the Chief Compliance Officer at Nationwide Planning Associates, Inc., where they provided advice and oversight on the firm's supervisory control system and regulatory compliance. In 2015, they took on the role of Chief Executive Officer at the same company. In 2008, Michael joined Abramenko & Company, Inc. (formerly NPA Financial Services, Inc.) as their Chief Compliance Officer, where they continued to advise on compliance matters for institutional customers.
Michael Karalewich, CFP(r) completed their Bachelor of Science degree in Business Administration with a major in Finance from Ramapo College of New Jersey. The education took place from 1994 to 1998. In addition to their degree, they hold the certification of Certified Financial Planner from the Certified Financial Planner Board of Standards, Inc. However, no specific information is available regarding the month and year they obtained this certification.
Nationwide Planning Associates, Inc.
Nationwide Planning Associates is a national full-service financial planning firm and a FINRA-regulated broker-dealer serving the needs of individuals, institutions, and financial intermediaries. At Nationwide Planning, we give our advisors the resources, products, tools and support they need to place and keep their clients on a solid path to achieving their financial goals. Whether it’s responsive back-office support, best-in-class products, access to senior management, or advanced technology, our advisors have everything necessary to provide superior financial planning and investment solutions to the clients that rely on them. Unlike some of our competitors that use internally-managed proprietary investment and insurance products which generate significantly greater income when sold to clients, our firm’s entire business strategy is based on the underlying principle that a firm has to be independent and unbiased in order to provide the best and most objective financial planning solutions to investors. Otherwise, conflicts of interest between the firm and its clients resulting from the sale of such proprietary products can easily enter into the investment decision-making process and create decisions which are not always in the client’s favor. At Nationwide Planning, our code of ethics, the screening process by which we select our advisors, our prohibition against proprietary products, and our open-architecture product platform converge to foster an environment that encourages our advisors to provide their clients with unbiased and objective advice and to recommend the products and services which will best meet their needs. All of our client brokerage assets are held at Pershing LLC, a wholly-owned subsidiary of the largest custodial bank in the world—The Bank of New York Mellon.