Michael F. Absher
ABSHER WEALTH MANAGEMENT | Founder, Chief Investment Officer
Chapel Hill, NC 27517
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CRD#: 2756872
Professional summary
Michael Forester Absher JR, CIMA®, CPWA®, who also goes by Mike Absher, is a registered financial advisor currently at ABSHER WEALTH MANAGEMENT, LLC located in Chapel Hill, North Carolina.
Michael is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1996. Michael has worked at 3 firms and has passed the Series 66, Series 63, SIE, Series 7, Series 10 and Series 9 exams.
Biography
Mike founded Absher Wealth Management as a fee-only registered investment advisor firm that primarily manages discretionary equity and fixed-income portfolios in 2019 after spending more than 20 years working at a larger firm. He believes that providing professional financial planning advice, ongoing investor education, and disciplined asset management to their clients is critical to fulfilling the firm's value proposition. The firm's investment philosophy is focused on owning high-quality companies which Mike believes offers his clients both pricing power against inflation and a margin of safety during economic downturns. The firm primarily owns just stocks and bonds for their clients as opposed to owning products that can add additional layers of fees to their portfolios.
As a Financial Advisor who holds the Certified Investment Management Analyst (CIMA®) and Certified Private Wealth Advisors certifications, Mike is dedicated to providing a higher standard of excellence and adheres to the professional code of the Investments and Wealth Institute (formerly IMCA®). IMCA® granted Mike his CIMA® designation after completing the CIMA® educational requirements held at the University of Pennsylvania’s Wharton School of Business. The Investment and Wealth Institute granted him the CPWA® certification after completing the executive education requirements and through Yale University and passing the required examination. Mike focuses on helping clients with their portfolio construction, investment strategies, discretionary equity portfolio management and wealth transfer strategies.
Absher Wealth Management is a fee-only registered investment advisor. They are a team of experienced professionals who have a shared belief that professional development is critically important to their clients success. As a firm, they also believe that stewardship is a core value for every member of our organization in order for us to successfully serve our clients.
Question & Answer
What are your service offerings?
Philanthropic services
Institutional consulting
Trust & estate planning
Trading individual securities
Financial planning
Retirement planning
What is your current number of clients?
Greater than 100
What is your minimum asset requirement?
500K
Are you a "fiduciary"?
Yes
Aliases
Mike Absher
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
The advisor shows no other business activity.
CRS (Client Relationship Summary) - RIA
Click below to view Michael Forester Absher JR's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
CPWA®
Start date: 2021-03-31
Expire date: 2025-07-31
Experience
Current
November 20, 2019 - Present
ABSHER WEALTH MANAGEMENT, LLC
Office #1: 1450 Raleigh Road, Suite 105, Chapel Hill, NC 27517RIA
CRD#: 304642
Chapel Hill, NC
Past
January 1, 2008 - November 21, 2019
WELLS FARGO CLEARING SERVICES, LLC
RIA
CRD#: 19616
NORTH WILKESBORO, NC
Past
January 1, 2008 - November 21, 2019
WELLS FARGO CLEARING SERVICES, LLC
BD
CRD#: 19616
NORTH WILKESBORO, NC
Past
April 14, 2004 - January 1, 2008
A. G. EDWARDS & SONS, INC.
RIA
CRD#: 4
CHAPEL HILL, NC
Past
August 14, 1996 - January 3, 2008
A. G. EDWARDS & SONS, INC.
BD
CRD#: 4
CHAPEL HILL, NC
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
AW
ABSHER WEALTH MANAGEMENT, LLC
ABSHER WEALTH MANAGEMENT, LLC
CRD#: 304642 / SEC#: 801-117177
RIA
Registered Investment Advisory firm - (8/13/2019 Approved)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.Highlighted states indicate IAR registrations
IAR
North Carolina(11/20/2019)
IAR
Texas(1/8/2020)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
Principal/Supervisory Exam
Current Firm
AW
ABSHER WEALTH MANAGEMENT, LLC
ABSHER WEALTH MANAGEMENT, LLC
CRD#: 304642 / SEC#: 801-117177
RIA
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Contact information
Main Address
1450 Raleigh Road, Suite 105, Chapel Hill, NC 27517
Mailing Address
Phone number
(919) 283-2340
Established
Firm type
Fiscal year end
# of Employees
8
SEC notice filing (13 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 2,430 |
| AUM (Assets Under Management) | $ 1,095,336,399 |
Red Flags
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Company Information
ABSHER WEALTH MANAGEMENT, LLC
Founder, Chief Investment OfficerCRD#: 304642Chapel Hill, NC 27517TRUST BUT VERIFY
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Contact information
(xxx) xxx-xxxx
xxxxx@xxxx.xxx
