Third Tier Wealth Management
— We Believe You Deserve More
About Our Founder,
Michael Demkiw
Michael Demkiw grew up in a normal New York family before moving to South Florida. There, he watched his family run several successful businesses. Though they did well, these businesses faced financial challenges that hurt the family's finances.
It was through witnessing those ups and downs of business taught him valuable lessons. He saw that if his family could make money mistakes, anyone could. He also learned that good planning leads to better results.
For over 30 years, Michael has worked in various sectors within the financial services ecosystem. With each role, banking, insurance, and wealth management, he was able to gain valuable insights that helped to shape a unique perspective on what it takes to provide the most value to his clients.
Because most people have one shot at getting retirement right and often wait until retirement is right upon them, Michael focuses on clients that are within 10 years of retirement, have been great savers, but don’t necessarily know what it takes to make it through 20 years of retirement.
Family and community keep Michael grounded. Living in Cold Spring Harbor, New York, he spends free time with family, playing with his dogs, kayaking, biking, and volunteering. He supports important causes by giving his time and money to:
- Memorial Sloan Kettering's Caring Canine program
- Pet Partners animal therapy program
- US Coast Guard Auxiliary
- Big Brothers of America
What Motivates Us to Do What We Do
Being a part of the financial services industry in different capacities for over 30 years means that we’ve talked and met with more people than we can count. Over that time, we listened to and heard some great (and not-so-great) examples about how people have been treated by other financial advisors. Out of those conversations, we decided that we were going to be a part of the solution and not the problem. With this in mind, we formed Third Tier Advisors.
Formed over a decade ago, Third Tier Advisors decided we would fill the service needs people were missing, by using insurance-based products to help our clients protect and grow a part of their retirement savings in a less risky, more predictable way.
When it comes to helping clients optimize their financial lives, we recognize that the financial industry hasn’t always made it easy for consumers like you to get all the parts to work together—often leaving you to find your own solutions to critical financial matters.
As our answer to that, Third Tier Wealth Management sought out professionals in various disciplines that can positively impact a client’s financial life when they’re invited to the discussion.
After dozens of meetings, we invited a select few to become strategic idea partners because we feel that they are the best at what they do and believe in putting clients’ needs first. They do not work for Third Tier Wealth Management, and there is no financial arrangement between their firms and ours. If you consult with them, there is no obligation to work with them if you choose not to, even though we think you’ll like them as much as we do.
Meet Our Strategic Partners
Using our network of professionals to deliver a holistic and tailored financial strategy.
The professionals we work with bring their diverse outlook and experience into our services, providing you with a more well-rounded financial plan. Learn more about their areas of experience and see how we can apply our knowledge with their experience to meet your unique needs.
Rocco J. Labella
Tax, Trust & Estate Planning
Ferro Labella & Weiss L.L.C.
Tax and estate matters, when handled properly, can impact your family now and well into the future.
Brian Kane
Property & Casualty Insurance
Donnelly & Sproul, Inc.
P & C coverage for personal and business needs can provide opportunities to immediately save money and can protect you in the future from unnecessary liability.
Chris & David Gubb
Chris & David Gubb
The Gubb Team (Real Estate)
Keller Williams - Ridgewood
Whether you’re upsizing/downsizing, planning on moving out of state, or growing your real estate portfolio, there’s a reason why the mother-son duo at Keller Williams has consistently been in the top 1% in all Bergen County.
* Strategic partners are employed by their individual firms and are not affiliated with Third Tier Wealth Management.