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Michael Carnevale

Branch Manager, Financial Advisor

400 Southbridge Street Auburn, MA 01501

A financial advisor with over 30 years of experience, Mike provides financial planning, portfolio management and counseling on investments ranging from IRAs to insurance products. Before joining Webster Five in 1998, Mike worked directly for Raymond James Financial Services as a Branch Manager for six years and was a financial advisor at AG Edwards for six years prior to that. He can be seen on the cable TV show “Conversations With...” airing monthly, where he discusses the current stock market and economic events. He holds his Series 7, 24 and 63 security licenses and Life license for selling insurance and annuities. Mike earned his BA in economics from College of the Holy Cross in Worcester, MA.

Mike discusses his role at Webster Five and life outside the bank

What can you bring to your customers? With my 30+ years of experience, I’ve worked with a wide range of clients at various stages of their lives and with various financial needs. I’ve seen what solutions work best for different individuals. I’ve developed a strong understanding of the many investment products available, and I research the market on a daily basis. With so many investment options and different factors to consider, from tax liabilities to fees to diversification strategies, many people find planning for retirement or even choosing a life insurance policy a complicated responsibility. With my combined experience and product knowledge, I’m able to explain things clearly and help people make confident decisions for their future.

What is Webster Five's investment process? My process begins by assessing your financial goals, giving consideration to your time horizon, return expectations, current holdings risk tolerance, liquidity and income needs, and your tax situation. Then, I’ll work with you to establish an asset allocation plan that is well-suited to your personal objectives. I’ll manage and monitor your portfolio on an ongoing basis, providing you with the communications and performance reporting you require.

What are your hobbies and interests? I’m an avid fan of all New England sports teams.

Check the background of this investment professional on FINRA's BrokerCheck.

Diversification and asset allocation do not ensure a profit or protect against a loss.