Michael SchannaMichael SchannaManaging DirectorWealth Partner
Awards and Industry Recognition
Forbes
About Michael
Michael Schanna is a Managing Director and Wealth Partner at J.P. Morgan Wealth Management.
Michael provides strategic advice and steady leadership to ultra-high-net-worth clients and their families, helping them gain greater confidence in the direction and deployment of their wealth. Throughout his career, he has focused on the distinctive needs of business owners and entrepreneurs, as well as principals in private equity, venture capital and hedge funds. Within institutional circles, he has extensive experience working with the boards and investment committees of private schools and non-profit endowments. To each of these relationships, Michael brings the insight he has gained from direct experience, as well as a committed work ethic designed to make clients' finances simpler, easier and more cohesive.
Michael explains that he and his team are particularly skilled in getting to know clients well, "aligning who they are as people or institutions and what they want their capital to accomplish." The outgrowth of these discussions, he notes, is highly personalized to each client. While investment management is at the core of each relationship, Michael and his colleagues serve as a "financial concierge" for all wealth management needs. By offering a unified vision of intersecting needs, Michael is able to uncover a more efficient pathway to clients' objectives—one that reflects their tax circumstances, risk tolerance, family wealth dynamics and cash flow parameters.
Michael rejoined J.P. Morgan Wealth Management in 2023. A nationally recognized wealth management Advisor, he previously was a Managing Director and Wealth Manager at First Republic Private Wealth Management, where he served for eight years. His experience also includes tenures at Goldman Sachs, J.P. Morgan Private Bank and Credit Suisse. A graduate of Indiana University Bloomington, Michael earned his B.S. in Finance with Distinction. He has worked in wealth management since 2001.
Within his community, Michael has enjoyed serving multiple board terms over the span of 10 years for his local Christian church. Currently, he is most actively engaged with his children, their sports teams and the non-profit organizations each supports. He and his wife, Tricia, have two daughters and a son.
Insights
Family wealth services: Building in a more holistic approach to wealth management
May 15, 2025With wealth transfers, increasingly complex portfolios and demand for personalization on the rise, family wealth services can offer investors more holistic wealth management.Read Now
The value of family engagement and governance in wealth planning
May 15, 2025Establishing a values-centered framework for your family’s wealth can foster smoother family dynamics, decision making and transitions.Read Now
How to successfully gift to heirs
May 14, 2025Winning wealth-transfer plans combine distribution policies, investment strategies and family governance principles. Here’s how you can potentially hit this trifecta.Read Now
April 2025 inflation rate lower than expected: What this means for investors
May 14, 2025The April 2025 Consumer Price Index (CPI) print from the Bureau of Labor Statistics showed that inflation cooled further in April. However, the potential impact of tariffs still looms.Read Now
How to better position portfolios before the hard data changes
May 9, 2025The impacts of elevated uncertainty aren’t fully reflected in the hard data. Here are a few things investors can do now.Read Now
May 2025 Fed Meeting: Rates hold firm again as FOMC takes ‘wait and see’ approach
May 8, 2025The Federal Reserve held interest rates steady during its May meeting and vowed to take a “wait-and-see” approach to future cuts.Read Now
Financial considerations for multigenerational households
May 7, 2025Multigenerational living can offer financial benefits, but understanding the unique considerations that come with it is key to fostering financial wellbeing among members.Read Now
You’ve decided to share your wealth with family. Now what?
May 7, 2025You have the desire – and the surplus financial capacity – to make large gifts to family members. But doing so effectively can be a challenge. Here are some things to consider.Read Now
The art of making your estate plan matter: Using your superpower as a “wise giver”
May 6, 2025Transferring wealth is an act of benevolence, but you shouldn’t do it without considering the type of transaction a gift represents. Wise givers will take into account the needs and wants of the recipient as they decide how to give and how much.Read NowFamily wealth services: Building in a more holistic approach to wealth management
May 15, 2025With wealth transfers, increasingly complex portfolios and demand for personalization on the rise, family wealth services can offer investors more holistic wealth management.Read NowThe value of family engagement and governance in wealth planning
May 15, 2025Establishing a values-centered framework for your family’s wealth can foster smoother family dynamics, decision making and transitions.Read NowHow to successfully gift to heirs
May 14, 2025Winning wealth-transfer plans combine distribution policies, investment strategies and family governance principles. Here’s how you can potentially hit this trifecta.Read NowApril 2025 inflation rate lower than expected: What this means for investors
May 14, 2025The April 2025 Consumer Price Index (CPI) print from the Bureau of Labor Statistics showed that inflation cooled further in April. However, the potential impact of tariffs still looms.Read NowHow to better position portfolios before the hard data changes
May 9, 2025The impacts of elevated uncertainty aren’t fully reflected in the hard data. Here are a few things investors can do now.Read NowMay 2025 Fed Meeting: Rates hold firm again as FOMC takes ‘wait and see’ approach
May 8, 2025The Federal Reserve held interest rates steady during its May meeting and vowed to take a “wait-and-see” approach to future cuts.Read NowFinancial considerations for multigenerational households
May 7, 2025Multigenerational living can offer financial benefits, but understanding the unique considerations that come with it is key to fostering financial wellbeing among members.Read NowYou’ve decided to share your wealth with family. Now what?
May 7, 2025You have the desire – and the surplus financial capacity – to make large gifts to family members. But doing so effectively can be a challenge. Here are some things to consider.Read NowThe art of making your estate plan matter: Using your superpower as a “wise giver”
May 6, 2025Transferring wealth is an act of benevolence, but you shouldn’t do it without considering the type of transaction a gift represents. Wise givers will take into account the needs and wants of the recipient as they decide how to give and how much.Read Now