Robert W. Baird & Co.
47yrs
Top advisor by experience in Denver
38yrs
Michael Schumar
Full name on record: Michael James Schumar
Financial advisor at Western Wealth Management
Michael Schumar has worked in the financial industry for 38 years and is a fiduciary financial advisor based in Denver, Colorado. Michael has been with Western Wealth Management since 2013; before that, Michael spent five years at Wells Fargo Advisors and nine years at A. G. Edwards & Sons. Western Wealth Management offers financial planning, investment management, and retirement plan consulting and is paid through a percentage of assets, hourly fees, and flat fees.
One of 2610 advisors with offices in Denver, and one of 2345 fiduciaries.
At a glance
Experience38 years (since 1988)
How that compares ?Top 4% by experience in Denver
OfficeDenver, CO
How the firm is paid ?Percent of assets, Hourly, Flat fee
Typical client at the firm ?$457,153
Advisors at the firm102
States licensed ?1 state
Services through Western Wealth Management
Financial planningInvestment management for individuals and small businessesInvestment management for businesses and institutionsRetirement plan consultingChoosing other investment managersEducational seminars and workshops
Specialties, designations like CFP®, and languages spoken appear here when advisors claim their profiles.
Licenses
Exams passed, from the official record. Tap a license to see what it allows.
Career
- 2013 – nowWestern Wealth Management LLCCurrent
- 2008 – 2013Wells Fargo Clearing Services, LLCPreviously
- 1999 – 2008A. G. Edwards & Sons, Inc.Previously
Contact Michael
(303) 393-2404Firm headquarters in Golden, CO. Ask for Michael. Denver, COOffice · Get directions LinkedIn pageWestern Wealth ManagementIs this you? Claim your free profile to add a direct line, email, photo, and specialties.
Questions to ask Michael
Tailored to Michael’s registration and firm.
- What's your succession plan, and who would work with me if you retire?
- At a firm this size, will I work with you directly or with a service team?
- What does a financial plan with you include, and how often is it updated?
- If you use outside managers, how are they chosen and what do they cost on top of your fee?
- Where would my money be held, and will I get statements directly from that firm?
- What would I pay in total each year, in dollars, including fund and trading costs?
My notes and scorecard
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About Michael
How do I contact Michael?
Call Western Wealth Management at (303) 393-2404 and ask for Michael Schumar. Michael works from the Denver, CO office.
How long has Michael been a financial advisor?
Michael has been in the industry since 1988, about 38 years. Top 4% by experience in Denver.
What licenses does Michael hold?
Series 63, Series 66. Tap any license on this page to see what it allows.
Is Michael a fiduciary?
Michael is registered as an investment advisor representative, which carries a fiduciary duty when giving investment advice.
How is Michael paid?
Western Wealth Management reports being paid by a percentage of the assets they manage, hourly fees, flat or fixed fees. Ask Michael for your total yearly cost in dollars.
Official record as of October 3, 2026.
This profile is for information only and is not financial advice or a recommendation.
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