Michael Scher
Managing Director|CFP®, CLU®, CLTC®
Mike Scher
Mike and his wife, Carmen, live in Watertown with their 5 children. Mike is very passionate about his family, his business and his community. He enjoys giving back to the community whenever possible and hosts a charity event every year to raise money for Alex’s Lemonade Stand to fight against childhood cancer. Mike also sits on the finance committee at St. Marks.
He enjoys coaching little league, pee wee football and basketball. His passion for sports and love for coaching allows him to spend time with his children while doing something they all enjoy. It also gives him the opportunity for a different type of impact which is to help mold other children into young athletes.
In his free time, Mike enjoys camping, playing golf, spending time with his family and cheering on the Packers: the best football team in the world.
Professional
Mike’s unwavering passion for financial planning has directed his career as a Financial Advisor with Northwestern Mutual since 2003. For the past 22 years, Mike has dedicated his career to guiding his clients to financial freedom by seeking to understand their financial goals and utilizing them as the framework for their customized plan. For Mike, building relationships with his clients is critical to orchestrating success in their financial plan and easily is his favorite part of the job. The financial world is complex, which is why Mike is dedicated to being an educated resource that his clients can rely on.
Not only is Mike a Financial Advisor, he is also a Managing Director. Mike’s Managing Director role also allows him to exercise his passion for people through the development of other financial advisors by mentoring, inspiring, and leading them as a key member of the Northwestern Mutual Leadership team.
Years of Experience
Representing Northwestern Mutual since 2003.
Education
University of Wisconsin - Whitewater, Marketing (Bachelor of Business Administration)
Awards and Recognition
- Million Dollar Round Table Qualifying Member 2005, 2007-2014
- MDRT is the premier association of financial professionals. MDRT status designation is granted for one year and members must apply every year to continue their affiliation with the MDRT
- Million Dollar Round Table Qualifying/Life Member 2015
- National Association of Insurance and Financial Advisors Quality Award 2011-2018
- Award recognizing commitment to excellence in service to clients and industry
- National Quality Award 2005-2010
- Award recognizing persistency and performance
- National Sales Achievement Award 2005-2010
- Award recognizing performance
Here are my areas of expertise
Financial Planning
Insurance Protection Strategies
Life Insurance Strategies
Retirement Planning & Income Strategies
Education Planning & Funding
Disability Planning
Multigenerational Planning
Estate Planning
Lending a hand in my community.
As part of Northwestern Mutual, I'm proud to help accelerate the search for better childhood cancer treatments while supporting families undergoing treatment, and survivors from late effects. Here are some of the organizations we partner with:
Alex's Lemonade Stand Foundation for Childhood Cancer (ALSF)
ALSF funds cancer research, raises awareness, and supports the families of children with cancer. Since 2012, Northwestern Mutual, its employees, and financial professionals like me have donated more than $20 million to support ALSF and fund over 400,000 research hours.
Beads of Courage
Beads of Courage is an art-in-medicine program that helps kids with cancer tell their unique treatment story through colorful beads that are symbols of their courage.
How Northwestern Mutual helps you live the life you want.
When people feel better about their money, good things happen—they become more confident and feel more secure. For more than 160 years, Northwestern Mutual has helped people achieve the financial flexibility they need to live more and worry less.
Being a mutual company means Northwestern Mutual reports to its clients, not Wall Street. They don't believe in chasing fads or taking undue risk for short-term gains. Instead, they take a long-term approach—both in the way we help people plan to reach their goals, and in the way they do business. This has served their clients (and mine) well through all kinds of economic ups and downs, including wars, recessions, even the recent pandemic.
It's why I'm happy to be part of a company that's in it for the long-haul and prioritizes clients over profit.
