Michael Kitces

Michael Kitces is an American financial planner, commentator, speaker, blogger, and educator. He frequently contributes to industry publications,{{cite web|url=http://www.investmentnews.com/article/20111218/REG/312189978 |title=Michael Kitces Recognized As Power Tweeter |publisher=Investmentnews.com |date= |accessdate=2013-12-24}} publishes a blog and newsletter for advisors,{{cite web |last=Hanson |first=Joyce |url=http://www.advisorone.com/2013/05/28/michael-kitces-the-2013-ia-25-extended-profile |title=Michael Kitces: The 2013 IA 25 Extended Profile |publisher=Advisorone.com |date=2013-05-28 |accessdate=2013-12-24 |archive-url=https://web.archive.org/web/20130608030653/http://www.advisorone.com/2013/05/28/michael-kitces-the-2013-ia-25-extended-profile |archive-date=2013-06-08 |url-status=dead }} is the former practitioner editor of the Journal of Financial Planning, the co-founder of the XY Planning Network (4 times on the Inc. 5000 list at #168 [2018], #553 [2019], #1130 [2020], and #1179 [2021]){{cite web|url=https://www.inc.com/profile/xy-planning-network |title=XY Planning Network of the Inc 5000 |publisher=Inc |date=2021}} and AdvicePay, and is the Head of Planning Strategy at Buckingham Wealth Partners,{{cite web|url=https://www.riaintel.com/article/b1kqcx8y5wrx3x/39talent-move-of-the-year39-why-michael-kitces-and-jeffrey-levine-joined-buckingham |title=Talent Move of the Year: Why Michael Kitces and Jeffrey Levine Joined Buckingham |publisher=RIAIntel |date=2020}} a financial advisory firm. He has also been repeatedly featured (from 2017 to 2022) as #1 on Investopedia's "most influential" advisors list.{{cite web|url=https://www.investopedia.com/top-100-financial-advisors/ |title=Top 10 Financial Advisors |publisher=Investopedia|accessdate=2017-12-26}}

Biography

Kitces was born and raised in the suburbs of Washington, D.C.

Education

He earned a Bachelor's in Psychology from Bates College in Maine{{cite web|url=http://www.pinnacleadvisory.com/mkitces/ |title=Michael Kitces - Pinnacle Advisory Group - The Wealth Management Advisors |publisher=Pinnacleadvisory.com |date=2012-03-20 |accessdate=2014-03-01}} with a minor in theater,{{cite web|last=Kephart |first=Jason |url=http://www.investmentnews.com/article/20130618/FREE/130619891 |title=15 transformational advisers: Michael Kitces |publisher=Investmentnews.com |date=2013-06-18 |accessdate=2014-03-01}} and subsequently earned a Master's in Financial Planning from The American College (Pennsylvania) and a Master's in Taxation from the University of Tulsa.{{cite web|url=https://www.kitces.com/wp-content/uploads/2013/08/Curriculum-Vitae-Kitces-3-31-2013.pdf |title=Michael E. Kitces : CV |publisher=Kitces.com |accessdate=2014-03-01}} {{Failed verification|date=July 2015}} He also holds the CFP®, CLU®, ChFC®, RHU®, REBC®, and CASL® designations.{{cite web|url=https://www.investopedia.com/top-100-financial-advisors/michael-kitces/ |title=Michael Kitces on Investopedia |publisher=Investopedia.com |accessdate=2017-12-26}}

Career

He is the Head of Planning Strategy at Buckingham Wealth Partners.

In 2004, Kitces helped to co-found NexGen,{{cite web|url=http://www.financial-planning.com/fp_issues/2010_2/the-deep-thinker-Michael-Kitces-planning-practice-2665511-1.html |title=Michael Kitces Deep Thinker |publisher=Financial-planning.com |date=2010-02-01 |accessdate=2013-12-24}} a community group for younger financial planners and later went on to co-found the XY Planning Network and AdvicePay as well,{{cite web|url=https://www.forbes.com/sites/janetnovack/2015/06/17/the-new-money-masters-financial-planning-guru-michael-kitces/ |title=The New Money Masters: Financial Planning Guru Michael Kitces |work=Forbes |date=2015-06-29 |accessdate=2015-07-02}} with the former being recognized as #168 on the Inc. 5000 list of fastest-growing companies in 2018.{{cite web|url=https://www.inc.com/profile/xy-planning-network |title=XY Planning Network at #168 of the Inc 5000 |publisher=Inc |date=2018}} For these accomplishments, he was recognized by the Financial Planning Association with a "Heart of Financial Planning" award in 2012,{{cite web|url=https://www.onefpa.org/journal/Pages/FPA%20Heart%20of%20Financial%20Planning%20Award%20Recipient%20Profiles%20Michael%20Kitces%20and%20Karin%20Price%20Mueller.aspx |title=FPA Heart of Financial Planning Award Recipient Profiles: Michael Kitces and Karin Price Mueller |publisher=Journal of Financial Planning |date=2012}} as well as by

Investment News as a 40-under-40 to watch in 2014{{cite web|url=http://www.investmentnews.com/section/40-under-40/profile/13/Michael-Kitces |title=About Michael Kitces 40 Under 40 |date=2014 |accessdate=2018-02-01}} and an Industry Innovator in 2016.{{cite web|url=http://www.investmentnews.com/section/icons-and-innovators/2016/profile/7/Michael-Kitces |title=Michael Kitces Innovator Profile |publisher=InvestmentNews |date=2016 |accessdate=2018-02-01}}

From 2012 to 2015, he served as the Practitioner Editor of the Journal of Financial Planning,{{cite web|url=http://www.fpanet.org/professionals/PressRoom/PressReleases/FPANamesMichaelKitcestoNewRoleofPractitionerEditor/ |title=FPA Names Michael Kitces to New Role of Practitioner Editor |publisher=Fpanet.org |date=2012-05-15 |accessdate=2014-03-01}}{{cite web|url=https://www.onefpa.org/about/Press-Room/Pages/FPA-and-Journal-of-Financial-Planning-Announce-Dr--Dave-Yeske,-CFP-to-Become-New-Practitioner-Editor.aspx |title= FPA and Journal of Financial Planning Announce Dr. Dave Yeske, CFP to Become New Practitioner Editor

|publisher=OneFPA.org |date=2015-05-31 |accessdate=2018-02-01}} after spending many years on its Editorial Review Board.

Kitces' research on safe withdrawal rates, asset allocation glidepaths in retirement, and determining sustainable retirement income based on market valuation has been cited by The Wall Street Journal, [https://money.com/ Money.com],{{cite web|url=https://www.wsj.com/articles/SB10001424127887324162304578304491492559684|title=The Wall Street Journal, March 1, 2013 - Say Goodbye to the 4% Rule|author=Kelly Greene|publisher=Online.wsj.com|accessdate=2014-03-01}}{{cite news|url=https://www.nytimes.com/2009/08/29/your-money/individual-retirement-account-iras/29money.html?pagewanted=all&_r=0|title=How Retirees Can Spend Enough, but Not Too Much|newspaper=The New York Times|accessdate=2014-03-01}}{{cite news |last=Donna Rosato and Penelope Wang |date=February 26, 2014 |title=Plan for the Critical First Decade of Retirement |newspaper=Money.com |url=https://money.com/plan-for-the-critical-first-decade-of-retirement/ |url-status=live |archive-url=https://web.archive.org/web/20210511131518/https://money.com/plan-for-the-critical-first-decade-of-retirement/ |archive-date=May 11, 2021 |accessdate=2015-02-08}} and received an Academic Thought Leadership award from the Retirement Income Industry Association (RIIA) in 2013.{{cite news|url=http://investmentsandwealth.org/rma-en/pdfs/enews-2013/riia-eNews-october2013.pdf%20%22RIIA%20eNews%20October%202013 |title=RIIA eNews October 2013 |date=2013-10-01}} {{dead link|date=June 2018}}

Personal life

He lives in Reston, Virginia with his wife and three children.{{cite web|url=https://www.kitces.com/about-michael/ |title=About Michael Kitces |publisher=Kitces|accessdate=2017-12-26}}

References