Michael Conway

Retirement, Investing, Lifestage Based Planning
“Michael Conway guides families through the financial decisions of life and protects them from the fear and anxiety of uncertainty. He focuses on Aligning Life & Wealth® for families, because Michael believes the two are intrinsically connected.”

Conway Wealth Group at Summit Financial Resources Inc.

Job Title:

President, CEO


Michael Conway is founder and CEO of Conway Wealth Group LLC at Summit Financial Resources Inc., a premier, independent financial planning and advisory group. He is a Principal of Summit Financial Resources and serves on the company’s Board of Directors.

As a successful and well-respected financial advisor, Michael has spent more than 30 years building his own practice and providing clients with specialized solutions that blend financial and estate planning strategies with open architecture investment management.

Michael’s clients include successful entrepreneurs, corner office executives, CEOs, CFOs, Wall Street professionals, professional athletes, and others—all with significant wealth tied to their businesses or employers. Michael is creator of The Conway Integrated Wealth Solution™, a unique financial planning process that aligns families' wealth with aspirations and financial goals.

Michael is a member of the Financial Planning Association, and has earned Certified Financial Planner® and Chartered Financial Consultant® credentials. In addition, Michael is frequently looked to as an expert in financial news media, and has been featured in various publications, including Barron's, the Wall Street Journal, Investment News, and Investor's Business Daily, among others.

Michael has three children and lives in New Jersey with his wife, Leslie, and two dogs. He enjoys church, backpacking, scuba diving, and horseback riding.


Susquehanna University
The American College (ChFC)
The College for Financial Planning (CFP)

CRD Number:



CONWAY WEALTH GROUP, LLC is owned by Michael W. Conway who offers securities and investment advisory services through Summit Equities, Inc., Member FINRA/SIPC, and financial planning services through Summit Equities Inc.’s affiliate Summit Financial Resources, Inc. 4 Campus Drive, Parsippany, NJ 07054. Tel. 973-285-3600 Fax 973-285-3666 Direct Office Tel. 973-285-3640

  • Wealth Protection & Financial Planning for High Net Worth Families | Michael Conway Story
All Articles
Sort By:
Most Helpful
February 2017
    Financial Planning, Personal Finance, Retirement
July 2017
    Retirement, Retirement Savings
November 2016
    Asset Allocation
April 2017
    Choosing an Advisor, Financial Planning, Personal Finance
February 2016
    Asset Allocation, Investing

All Answers
Sort By:
Most Helpful
Why do the price of shares of a corporation fluctuate?
85% of people found this answer helpful

You’re suggesting that equity prices should not fluctuate based on free markets, but based on the fundamental performance of a company. Our entire economy, along with stock valuation, operates within the core concept of free markets and a society based on capitalism. This means that the forces of supply and demand determine price. Butter at the grocery store is not priced directly because of the quality of the butter. It’s priced based on the amount of people (demand) wanting to buy the butter. The quality of the butter influences that demand, but it does not directly determine price. The same is true in equity markets. A company’s financial quality (based on a fundamental analysis of the balance sheet and cash flow) will influence demand, but it’s the actual demand (or lack thereof) of shares that will directly affect daily prices.

It’s also important to understand how the concept of speculation plays a role in equity market prices. Buyers of stock certainly care about the financial fundamentals of a firm, but they might care even more about whether or not they anticipate the price of the stock to increase in the future. This expectation could be based on many factors, including firm innovation, anticipated sales growth, acquisitions, etc. As buyers enter the market because of these expectations, demand has increased, driving up the price of the shares. There are many, many other factors that could influence the decision making of buyers and sellers in all markets within the structure of our economy, each ultimately playing a role in prices. Our economy is simply not a system in which prices are solely fixed based on fundamental/mathematical factors. It’s also important to understand that the system isn’t without its flaws. Various forms of price manipulation—either illegal or legal—can affect the “freeness” of the market. However, creating a new system of prices based on a strict mathematical equation, whether via the generally accepted accounting principles or otherwise, would be nearly impossible to regulate and might not serve the needs of investors. The complexity of equity market prices is a key reason why investing is extremely difficult for any “do-it-yourself” investors, particularly investors unable to construct diversified portfolios that properly fit their needs.

December 2015
    Financial Planning, Investing, Stocks
Where do I park my money for long term investing?
78% of people found this answer helpful
January 2016
    Investing, Stocks
Do you recommend the Nasdaq 100, S&P 500, or a 50/50 allocation?
78% of people found this answer helpful
February 2016
    Investing, Asset Allocation
How do I invest my money that is just sitting there?
77% of people found this answer helpful
March 2016
    Retirement Savings, Investing, IRAs, Mutual Funds
Where should I put my money?
77% of people found this answer helpful
May 2016