Michael R. Andersen is the founder and president of Andersen Wealth Management. He holds a Bachelor of Arts in political science and a master's degree in business administration, both from Salisbury University. In addition, he is a Registered Investment Adviser Representative and a licensed fiduciary."There are a lot of people out there doing financial work," Michael says. "But only a small percentage are fiduciaries. I think being held to the fiduciary standard is a must these days because we are required by law to put our clients first. Too many financial people are merely salesmen, and I believe that clients need an advisor who must be on their side."In his practice, Michael strongly believes in regular financial education. As he explains it, "we tend to make the wisest decisions when we're well informed. And when it comes to financial decisions, the impact of a wrong choice could affect your lifestyle for many years. This is especially true for folks who are approaching or even in retirement. So part of my job is to help bring my clients to a level of education and understanding so they have all critical facts before making financial decisions."Prior to forming his own firm, Michael worked with one of the country's premier risk management firms, and he carried that knowledge over to Andersen Wealth Management. While Michael is not against taking on various risks, he believes risks should be carefully controlled and kept to a minimum. Plenty of other advisors embrace risk; Michael simply believes in Warren Buffet's No. 1 rule of investing, "don't lose money," and he strives to protect his clients' life savings first and foremost.Michael is routinely ranked as one of the country's top financial advisors, and he regularly wins awards for his innovative ideas, commitment to financial education and balanced approach that he takes with client investment recommendations._________________________________________________________________________________________________________Andersen Wealth Management is a Registered Investment Adviser. Advisory services are only offered toclients or prospective clients where Andersen Wealth Management and its representatives are properlylicensed or exempt from licensure.  This website is solely for informational purposes.  Past performanceis no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advicemay be rendered by Andersen Wealth Management unless a client service agreement is in place.