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Our financial advice team


Michael DeGroat, Financial Advisor serving the Dallas, TX area - Ameriprise Advisors

Michael DeGroat

APMA, CRPC

Financial Advisor

Associate Vice President
The DeGroat Group

An Ameriprise Platinum Financial Services® Advisor

17
Years of Experience
This number may include years as a financial advisor, and/or experience as a registered representative.
Client Satisfaction 4.9 / 5 rating based on 24 reviews
See disclosures

Background and qualification information is available at FINRA’s BrokerCheck website. | Ameriprise Financial Services, LLC Client Relationship Summary Disclosure.

Areas of focus

  • Retirement Planning Strategies
  • Investments
  • Retirement Income Strategies
  • Tax Planning Strategies
  • Family Finances
  • Insurance

Qualifications

  • APMA™ Accredited Portfolio Management Advisor™
  • CRPC™ Chartered Retirement Planning Counselor™
  • B.S. in International Business LeTourneau University
  • Series 7 General Securities NYSE/FINRA Registered Representative
  • Series 66 Combined Investment Advisory Agent & Uniformed State Exam
  • General Lines Agent - Life, Accident, Health and HMO

Education

  • LeTourneau University

Awards & recognition

  • Five Star Wealth Manager, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2022, & 2023
  • Ameriprise Client Experience Award, 2021, 2022, 2023
  • Ameriprise Ultimate Digital Excellence Award, 2021 & 2023

Stay informed on financial planning, stock market and economic impacts, and more - before even becoming a client. Through my monthly newsletters, you'll get a sense of the personalized financial advice you can expect to receive from my practice.

Community participation

I'm involved in the community of East Dallas. And I seek to regularly support the White Rock Center of Hope, where I currently server on the board, because I believe anyone might need a extra hand on occasion.

I'm part of a group of business owners in East Dallas that is actively involved in the local community to build deeper relationships and a stronger community.

Interests

  • Church involvement is important to me; I regularly participate on several leadership teams.
  • Traveling to new places. 13 countries and counting!
  • Canoeing: I paddled the Mississippi river (826 miles of it!)
  • Various martial arts; earned a black belt in Taekwondo
  • Falconry: In the past, I would train and hunt with birds of prey