“For many years I was apprehensive about using a financial advisor; that is until about seven years ago. A former colleague recommended Mike Palma and we had an initial phone call to introduce himself and his services to me. There was no pressure or hard sell during the call. It did take me a few months before I decided to schedule a meeting with Mike, and I must say it was more than worth the time for a face to face meeting. It was a new experience for me to work with a financial advisor who is truly interested in their client’s needs, circumstances and preferences. Mike took the time to understand where I was at with investing, my knowledge (or lack of knowledge in my case) and goals. He has a broad depth of knowledge and helped to form a common sense approach to tailor a plan that would suit my current situation and future needs. Mike works with integrity and provides sound financial advice and guidance. He explains everything thoroughly and I am never made to feel uncomfortable asking questions or expressing an opinion. Of course, the final decision is always mine, but I feel better equipped to make these decisions based on the up to date advice provided by Mike.”
— Diane A., Hauppauge, NY
This statement is a testimonial by a client of the financial professional as of 09/25/2023. The client has not been paid or received any other compensation for making these statements. As a result, the client does not receive any material incentives or benefits for providing the testimonial.
“My financial knowledge is adequate for my day to day needs but limited for anything more sophisticated. I know how checking accounts, savings accounts, and CDs work and I have used them successfully. I also have had several brokerage accounts but I admit I was not very knowledgeable on how to invest my money wisely or how to structure and deploy all of my financial resources to support my retirement. In 2015 I was introduced to Michael Palma through word of mouth. Michael spent a lot of time, and many phone and in person discussions determining what my goals were, what current and future financial resources I had, and how best to use them. Throughout all of these discussions Michael was very patient and friendly and proved to be very knowledgeable and creative in his financial advice and in helping me open several investment accounts. Currently I am retired and Michael is now working with me on estate planning with his usual patient, friendly, and competent approach. Establishing his own firm, Traverse Capital Management, has given him even more resources to handle my financial needs and I wish him every success.”
— Arthur G., Woodside, NY
This statement is a testimonial by a client of the financial professional as of 09/25/2023. The client has not been paid or received any other compensation for making these statements. As a result, the client does not receive any material incentives or benefits for providing the testimonial.
“Our first interaction with Mike Palma was back in 2010, and we soon made our first investment under his guidance. In the following years Mike has helped us to build a diversified economic plan that is tailored to our specific goals given the extreme volatility of recent times. Michael’s insights and attention to detail have made us comfortable with the investment plan we have developed together. I would wholeheartedly recommend Mike to any of my friends based on our experience in working with him.”
— Mike S., Dix Hills, NY
This statement is a testimonial by a client of the financial professional as of 09/28/2023. The client has not been paid or received any other compensation for making these statements. As a result, the client does not receive any material incentives or benefits for providing the testimonial.
“I have been working with Mike Palma for several years now, and I can confidently say that he has been an invaluable partner in managing my finances. From the start, Mike has taken the time to understand my unique situation and provide personalized recommendations that align with my values and priorities. What sets Mike apart is his level of communication and dedication to my financial well-being. He is always available to answer my questions and provide guidance, and consistently keeps me informed on the latest market trends and economic developments. I appreciate how Mike balances risk and reward in his recommendations, and I feel confident that my financial plan is well-diversified and tailored to my needs. Overall, I highly recommend Mike to anyone looking for a knowledgeable, communicative, and reliable partner in managing their finances.”
— Bill S., Port Jefferson, NY
This statement is a testimonial by a client of the financial professional as of 09/28/2023. The client has not been paid or received any other compensation for making these statements. As a result, the client does not receive any material incentives or benefits for providing the testimonial.
