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Michael R. Acosta, CFP®, ChFC®, CSLP®

Helping H.E.N.R.Ys Accumulate Wealth & Business Owners Maximize Their Exit

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The Dumas Team, Consolidated Planning, Inc. Michael R. Acosta, CFP®, ChFC®, CSLP®
Charlotte, NC

Serving Clients Nationwide

Helping H.E.N.R.Ys Accumulate Wealth & Business Owners Maximize Their Exit

Rated 5.0 out of 5
14 Certified Advisor Reviews™
Rate this Advisor

(704) 237-6559

Website

Areas of Focus

  • Budgeting
  • Catholic Values Investing
  • Faith-Based Investing
  • Family and Money
  • Federal Student Loan Option Analysis
  • Getting out of Debt
  • Having a Baby
  • High Net Worth
  • Inherited Wealth
  • Insurance
  • Investment Management
  • Loss of Spouse or Partner
  • Owning a Business
  • Private Student Loan Option Analysis
  • Public Service Loan Forgiveness (PSLF) Advising
  • Retirement Planning
  • Saving for College
  • Student Loan Advising

About Me

Hi, I'm Michael R. Acosta. With over 9-years of experience in the finance industry, I have focused on helping others create better habits around managing their personal finances to increase the odds of achieving their personal goals.

My style of guidance stems from my personal tag line of “Prepare | Perform | Prosper” which stems from his years of athletics and competing in lacrosse at the Division II level while attending Wingate University in NC where I obtained a degree in Accounting with a minor in Economics.

My clients understand that their responsibility is to continue building their wealth and my responsibility is to help them protect it at all cost. I educate others through having compassion for where they are today and provide them with options on how to achieve their goals personally, professionally, and financially.

By focusing on what we can control today we are able to build an individualized strategy that is not dependent on uncontrollable factors or assumptions, allowing our clients to live the life they love and desire.

My wife Blair and I cherish spending time with family and friends and supporting our communities establishments. We are active parishioners at Our Lady of Grace Catholic Church in Lancaster, SC where I am a 4th degree member of the Knights of Columbus.

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Financial Advisor and Registered Representative of Park Avenue Securities LLC (PAS). OSJ: 6115 Park South Drive, Suite 200, Charlotte, NC 28210. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America®(Guardian), New York, NY. Park Avenue Securities is a wholly owned subsidiary of Guardian. Consolidated Planning, Inc. is not an affiliate or subsidiary of PAS or Guardian. CA insurance license # 0M50974. Guardian and PAS do not offer student loans to finance education nor do they offer legal to tax advice. 2022-143040 Exp. 9/24.

Professional Designations

  • Certified College Planning Specialist (CCPS)
  • CERTIFIED FINANCIAL PLANNER™ Professional
  • Certified Student Loan Professional (CSLP)
  • Chartered Financial Consultant (ChFC)

Affiliations

  • Catholic Financial Planner Network
  • CFP Board
  • Financial Planning Association

Primary Location

6115 Park South Drive suite 200, Charlotte, NC 28210, USA

Meeting Options

  • Video Conference
  • In-Person
  • Phone
Book Intro Call

Compensation Methods

  • Commissions
  • Flat Fee
  • One-time Financial Plan
  • Percentage of Assets Managed
  • Subscription

What to expect in the first meeting

We treat our first meeting a lot like a "First Date". If you recall what that's like, it can sometimes be uncomfortable, but the goal is to make it to the end in order to determine if we like each other, trust each other, and compatible. Click the 'Book Intro Call' button above to schedule a complimentary 30-minute introductory phone call.

Offers Investment Management

Yes

About our Firm

PREPARE | PERFORM | PROSPER

We are Genesis Wealth Planning, LLC a client relationship group of Consolidated Planning, Inc. We strive to provide comprehensive wealth management services for every stage of your journey. Through a collaborative process, we help maximize the Client’s potential for meeting life goals through financial advice that integrates relevant elements of the Client’s personal and financial circumstances.

Our business is relationship-focused and we take this seriously. Because of this, our team makes every effort to build on those relationships in an effort to provide a client experience that provides you with the confidence that you are working with the right firm.

HOW WE WORK:

Our mission is to get to know and understand your needs, wants, and long-term goals. We want to help you develop, implement, and monitor a strategy that’s designed to address your individual situation.

We understand the challenges families face today. From managing debt to saving for college to retirement, these personal finance challenges can be overwhelming. Our commitment is to utilize all of our resources to help you pursue your goals.

We believe in thinking “out of the box” and we are not afraid to challenge conventional wisdom in our approach to investing and preserving wealth. All of our energy, commitment, and efforts are focused on you, the client, and your satisfaction.

OUR APPROACH:

✅ You never have to go it alone. We approach every client with a blank slate. No preconceived notions of what you need because of what you look like or how much money you have. We understand that everyone is different — and will need a different set of strategies for reaching their financial goals with confidence.

✅ How we approach insurance. Let’s be honest. There are lots of insurance products out there. But, chances are, most of them aren’t right for you. When you sit down with us, we’ll make sure you understand how different types of insurance policies work, how much they cost and why (or why not) they may fit your needs. With no hard sells or complicated jargon. We promise.

✅ How we approach investing. If investing were easy, anyone would be able to make a killing on the stock market. But it’s not. Doing it right takes plenty of hard work and discipline. Not to mention a thorough understanding of investing principles and financial markets. Which is precisely what we bring to bear when we help you come up with a sound investment strategy.

✅ How we approach retirement. Only 23% of workers say they’re very confident about saving enough for a comfortable retirement.* Our job is to make sure you’re one of them. We’ll help you understand how much you should be saving, how you should be investing, and what you might expect to have when you’re ready to stop working. Because the best way to find your way to a successful retirement is to make sure your eyes are wide open.

*Source: Employee Benefit Research Institute’s annual Retirement Confidence Survey, January 2019.

Education

Wingate University Bachelor of Science, Accounting and Economics

Volunteer Experience

Knights of Columbus (4th Degree) NexGen Director of Local FPA Chapter

Awards and Honors

  • The American College of Financial Services 2023 NextGen Financial Services Professional Award Recipient

Badges

Languages

  • English

Hobbies and Interests

  • Church
  • Cooking
  • Exercising
  • Family
  • Football
  • Grilling
  • Hiking
  • Movies
  • Music
  • Reading
  • Relaxing
  • Running
  • Soccer
  • Sports
  • Volunteering
  • Working Out

SEC Lookup

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FINRA Lookup

View Disclosure

Who We Serve

  • Attorneys
  • Baby Boomers
  • Business Owners
  • College Graduates
  • Contractors
  • Couples
  • Dentists
  • Dual Income Family
  • Entrepreneurs
  • Gen X
  • Gen Y / Millennials
  • Gen Z
  • Healthcare Professionals
  • Immigrants
  • Intergenerational Families
  • Living in Retirement
  • Newly Engaged / Newlywed
  • Parents
  • Physicians
  • Real Estate Agents
  • Remote Workers
  • Single Women
  • Technology Professionals
  • Widow
  • Women in Transition
  • Women Professionals
  • Women’s Finance
  • Young Families

To make Wealthtender free for readers, we earn a nominal monthly fee from financial advisors and firms in exchange for marketing services (including being featured on this profile page), subject to terms of use. This compensation creates a natural conflict of interest when we favor their promotion over others. Wealthtender is not a client of these advisors or firms. Testimonials may not be representative of other clients’ experiences and do not guarantee future performance or success.

Write a Review


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EVERYONE needs Michael-Best Financial Advisor!

✅ Wealthtender Certified Advisor Review™
Rated 5.0 out of 5
Oct 5, 2023
My husband and I are in our mid-40's with three young children. We both have good careers. For many years, we just continued our normal day-to-day things with our finances. To be honest, we really didn't know about financial advising as its not something we were ever educated on growing up. We met Michael and we immediately connected. He knows our family and always asks how we are doing. We have been now working with him for 2 years and SO SO glad we started. He is a great resource for ALL financial needs. He is responsive and very thorough. He always educates us and never pushes us with anything. On top of this, he has been an incredible resource for my student loans. I had over 100K loans that were recently FORGIVEN through PSLF and this is because of Michael's support throughout the entire process to make sure it was done right! He really cares about his clients. He even sent us a small gift and card when my loans were forgiven. He's always checking in on us not just for financial needs during the year which truly shows he cares. I highly recommend using Michael for your financial planning in your family!! :)
Relationship to Financial Advisor: Current Client
Compensation: This reviewer received no compensation for this review.
Conflicts of Interest: There are no material conflicts of interest.
Disclosure: Personal views of this client and their experience do not suggest future results. No compensation was provided.
Avatar for DMO
DMO

Empowering Student Loan Solutions: A Genesis Wealth Planning Experience

✅ Wealthtender Certified Advisor Review™
Rated 5.0 out of 5
Oct 2, 2023
Genesis Wealth Planning's student loan planning service, led by Michael, proved invaluable in navigating the complexities of my specific student loan situation. Michael’s expert guidance was instrumental, providing clear, step-by-step instructions that made the overwhelming process of loan management manageable. His profound understanding of student loan intricacies ensured accurate, up-to-date information, fostering confidence in decision-making. Michael's personable and professional approach made discussing financial matters stress-free and comfortable. The service adeptly simplified the bureaucratic maze of student loans, breaking down jargon and making the entire process transparent and accessible. The experience exceeded expectations, offering exceptional support that not only resolved immediate concerns but also laid a solid foundation for future financial endeavors. I wholeheartedly recommend Genesis Wealth Planning to anyone seeking expert assistance with their student loans. Their expertise, combined with a friendly approach and commitment to simplifying financial complexities, makes them an outstanding choice for comprehensive financial guidance.
Relationship to Financial Advisor: Current Client
Compensation: This reviewer received no compensation for this review.
Conflicts of Interest: There are no material conflicts of interest.
Disclosure: Personal views of this client and their experience do not suggest future results. No compensation was provided.
Avatar for RE
RE

Highly Recommend!!!

✅ Wealthtender Certified Advisor Review™
Rated 5.0 out of 5
Sep 5, 2023
Michael is a great resource for your financial needs. He is thorough and easily accessible. Michael gave us several options for the best plan for our family and directed us in the right direction. In addition, he always made extra time to help us make calls or reach out to lenders as needed. I would highly recommend reaching out to Michael for a consultation and to hear how he can help your family. He has definitely made a significant impact for our family and personal finances.
Relationship to Financial Advisor: Current Client
Compensation: This reviewer received no compensation for this review.
Conflicts of Interest: There are no material conflicts of interest.
Disclosure: Personal views of this client and their experience do not suggest future results. No compensation was provided.
Avatar for Anonymous
Anonymous

Excellent financial advisor!

✅ Wealthtender Certified Advisor Review™
Rated 5.0 out of 5
Aug 1, 2023
Michael has been my financial advisor for the past few years and I have nothing but positive things to say. My previous advisor just disappeared one day and he was able to pick up the pieces of my financial profile seamlessly. He is thorough, honest, knowledgeable and a huge asset to those of us who need guidance with their finances in regard to both short term and long term goals. He is punctual, always answers emails within a timely manner and our quarterly meetings are extremely helpful. He also recommended that I refinance my mortgage when interest rates were low which I did not even think of (I thought the process would be cumbersome and time intensive but it was not at all thanks to his recommendation). Reaching out to Michael for financial guidance was one of the best financial decisions I've ever made.
Relationship to Financial Advisor: Current Client
Compensation: This reviewer received no compensation for this review.
Conflicts of Interest: There are no material conflicts of interest.
Disclosure: Personal views of this client and their experience do not suggest future results. No compensation was provided.
Avatar for Tynisha H
Tynisha H

Trustworthy guidance for family planning

✅ Wealthtender Certified Advisor Review™
Rated 5.0 out of 5
Jul 11, 2023
Michael has been a trusted resource to me and my family for several years. Financial planning can be difficult but he has a way or making it simple and easy. It is reassuring to know someone is operating with our goals and objectives in mind. I value the annual reviews and analysis to stay on top of our goals.
Relationship to Financial Advisor: Current Client
Compensation: This reviewer received no compensation for this review.
Conflicts of Interest: There are no material conflicts of interest.
Disclosure: Personal views of this client and their experience do not suggest future results. No compensation was provided.
Avatar for Anthony
Anthony

Down to earth and handles business

✅ Wealthtender Certified Advisor Review™
Rated 5.0 out of 5
Jul 11, 2023
My wife and I had to change advisors because our old one retired. We were nervous to start over so to speak and didn’t know what to expect. From our first meeting with Mike we really liked his style and down to earth demeanor. He wasn’t pushy and didn’t over step his boundaries with his approach to handling our finances as other advisors we interviewed did. He has well thought out approaches to things, explains them well and is patient to let us make a decision without any pressure. He makes sure to educate us on what we’re doing and why we’re doing it. He is also very good at recapping conversations in follow up emails so that everyone is on the same page. Overall we have been very pleased with Mike and would recommend him to anyone.
Relationship to Financial Advisor: Current Client
Compensation: This reviewer received no compensation for this review.
Conflicts of Interest: There are no material conflicts of interest.
Disclosure: Personal views of this client and their experience do not suggest future results. No compensation was provided.
Avatar for Matt and Cindy W
Matt and Cindy W

Holistic Approach to Finances

✅ Wealthtender Certified Advisor Review™
Rated 5.0 out of 5
Jun 17, 2023
Michael was highly recommended to me back in 2018 after I struggled interviewing multiple condescending financial advisors. He was a breath of fresh air; his passion and genuine care won me over and I have been recommending him ever since! He's extremely knowledgable, but also down-to-earth and makes everything easy to comprehend. He does a thorough review and sends a detailed recap of my investment strategy and action items after each meeting that I find extremely helpful. My favorite thing about Michael is how he looks at my finances with a holistic perspective. Our first meeting was all about me as a human - my career journey, family, short-term and long-term goals, etc. NOT what stocks and bonds I need to invest in and how much assets I have. He's never come across as sale-sy, but is more like a fan and truly wants to see me succeed. I cannot say enough positive things about Michael and am thankful I found him.
Relationship to Financial Advisor: Current Client
Compensation: This reviewer received no compensation for this review.
Conflicts of Interest: There are no material conflicts of interest.
Disclosure: Personal views of this client and their experience do not suggest future results. No compensation was provided.
Avatar for Morgan Yeargan
Morgan Yeargan

He's genuine and not a salesman - you'll regret not adding him to your team!

✅ Wealthtender Certified Advisor Review™
Rated 5.0 out of 5
Jun 8, 2023
Michael has been a great addition for us over the last few years and has guided us financially as our family has grown. He's very approachable, available when life happens outside of scheduled meetings, patient and educational all at the same time. My wife and I have different levels of financial knowledge and he always makes sure we both understand plans and tools 100% before moving forward or considering any options. Our financial health would not be where it is today without Michael's partnership. Michael does a fantastic job of keeping long & short term financial goals in mind as our lives have evolved. He has helped us navigate: - Family protection ( insurance and wills) - Child birth & future planning for school - Home buying & selling - Job changes & total family income volatility - Job relocation to a new state (cost of living analysis/ job benefit comparison, etc) - Utilizing home equity conversations - Investment strategies with liquidity and long term growth in mind - Budgeting to maximize savings while still enjoying each life stage - Connections to other resources Michael is a great advisor, but for a family like ours that is young and growing, Michael's value is immeasurable. He's been empathetic but honest and given us the tools and skills to set us up for retirement and many other financial goals of ours.
Relationship to Financial Advisor: Current Client
Compensation: This reviewer received no compensation for this review.
Conflicts of Interest: There are no material conflicts of interest.
Disclosure: Personal views of this client and their experience do not suggest future results. No compensation was provided.
Avatar for Nicole and Mike C.
Nicole and Mike C.

Michael is Great!

✅ Wealthtender Certified Advisor Review™
Rated 5.0 out of 5
May 25, 2023
Michael R. Acosta, CFP®, ChFC®, CSLP® is a tremendous help with our financial journey. He is honest and up front. With our goals in mind and risk tolerance established, he has put us on track to take down student loans/debts as well as help give us the steps to help optimize our retirement nest egg. Even more so, he has given us tools and steps to help protect ourselves, our assets, and our future selves and family. We can’t thank him enough. He is friendly and has great family values. We highly recommend his services!
Relationship to Financial Advisor: Current Client
Compensation: This reviewer received no compensation for this review.
Conflicts of Interest: There are no material conflicts of interest.
Disclosure: Personal Views of this client and their experience do not suggest future results. No compensation was provided.
Avatar for Justin and Lisa
Justin and Lisa

Great Advisor!

✅ Wealthtender Certified Advisor Review™
Rated 5.0 out of 5
Apr 21, 2023
My husband and I started working with Michael a little over two years ago. We were trying to figure out how to properly save, pay off debts, and invest. This process has not been easy, but Michael has been wonderful at guiding us through it all. He is knowledgeable and great at explaining the things we did not initially understand. I am so proud of how far we've come financially and we could not have done it without Michael. Working with Michael has been one of the best decisions we could have ever made for our family and our finances. Thank you so much, Michael, for all you continue to do to help us grow financially.
Relationship to Financial Advisor: Current Client
Compensation: This reviewer received no compensation for this review.
Conflicts of Interest: There are no material conflicts of interest.
Disclosure: Personal views of this client and their experience do not suggest future results. No compensation was provided.
Avatar for Anonymous
Anonymous

Great to work with!

✅ Wealthtender Certified Advisor Review™
Rated 5.0 out of 5
Apr 18, 2023
Michael has been great to work with over the years. He always takes my interests and concerns to consideration. He is often easily reachable for any questions or advise. I would highly recommend anyone to work with him for any financial concerns.
Relationship to Financial Advisor: Current Client
Compensation: This reviewer received no compensation for this review.
Conflicts of Interest: There are no material conflicts of interest.
Disclosure: Personal views of this client and their experience do not suggest future results. No compensation was provided.
Avatar for Rica
Rica

Michael Acosta is incredible!

✅ Wealthtender Certified Advisor Review™
Rated 5.0 out of 5
Mar 7, 2023
I have had the pleasure of working with Michael Acosta to accommodate mutual clients and their financial needs for many years and he has been fantastic! I had the opportunity to experience his process first hand before I personally became a client and I was blown away by his knowledge, consistency and his genuine passion for wealth management. He is a joy to work with and has helped my family and I build a solid, financial foundation that will allow us to successfully retire when we are ready for it. I am confident in his recommendations and I follow his advice wholeheartedly. He is the best of the best!
Relationship to Financial Advisor: Current Client
Compensation: This reviewer received no compensation for this review.
Conflicts of Interest: There are no material conflicts of interest.
Disclosure: Personal views of this client and their experience do not suggest future results. No compensation was provided.
Avatar for Keena
Keena

Investing with Values

✅ Wealthtender Certified Advisor Review™
Rated 5.0 out of 5
Feb 15, 2023
Michael is a great, knowledgeable guide in everything we've discussed. What has really set him apart is his ability and excitement to help me invest according to my Christian values. It was important for me not to invest in companies mistreating their employees or others, harming human life, destroying creation, or otherwise promoting evil. Michael found options that I've been very pleased with!
Relationship to Financial Advisor: Current Client
Compensation: This reviewer received no compensation for this review.
Conflicts of Interest: There are no material conflicts of interest.
Disclosure: Personal views of this client and their experience do not suggest future results. No compensation was provided.
Avatar for Andrew
Andrew

Michael Acosta

✅ Wealthtender Certified Advisor Review™
Rated 5.0 out of 5
Jan 28, 2023
Michael is an exceptional financial planner with extensive knowledge in the finance field and the student loan industry. He truly cares about his clients and goes above and beyond to get you answers in a timely manner. He first helped me to obtain additional insurance in the event that I become disabled. He guided me on how to combine my retirement accounts and protect all of my assets (e.g., Umbrella policy). He reached out to me and encouraged me to apply for the PSLF program, which I wasn't aware changed the types of payments that qualified. As of today, my loans are 100 percent forgiven. This is a huge financial burden that has been lifted! Michael will always be my financial planner and I look forward to working with him in the next year and years to come! Highly recommend!
Relationship to Financial Advisor: Current Client
Compensation: This reviewer received no compensation for this review.
Conflicts of Interest: There are no material conflicts of interest.
Disclosure: Personal views of this client and their experience do not suggest future results. No compensation was provided.
Avatar for Alicia Wentz
Alicia Wentz
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