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Cano Wealth Strategies, LLC

Name: Cano Wealth Strategies, LLC
Address: 109 South Main Street, Hendersonville, NC, 28792, US
Telephone: +18282298770

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Cano Wealth Strategies, LLC

With 25+ years of experience, CWS helps individuals and business achieve their financial goals. In 2006, he founded Cano Wealth Strategies, LLC.

With more than 20 years of wealth management experience, Michael is an independent financial advisor who works with both individuals in or near retirement and successful professionals and entrepreneurs, as well as small- to mid-size businesses. He and his team at Cano Wealth Strategies build long-term relationships based on trust, knowledge, industry experience, and the drive to do what is best fo

r each client given his or her unique financial condition. Michael believes that wealth management is a process and approaches that process by gaining clarity about a client’s current situation. He is committed to ongoing client support and conducts regular reviews to make sure a client’s plan remains on course to meet future goals. Michael is a first generation American who grew up in blue-collar Bristol, Connecticut, where he learned early that hard work and honesty would provide him an advantage wherever he worked. This work ethic allowed him to achieve the American dream his parents so deeply wanted for him. After earning a business degree at Dean College, his lifetime passion for finance and entrepreneurship led him to the financial services industry. Michael formerly served the MidJersey Chamber of Commerce as chairman and as interim president prior to its merger with Princeton Mercer Regional Chamber of Commerce. In 2019 & 2020 Michael won the Five Star Wealth Manager Award in New Jersey out of over 6000 wealth managers by Five Star Professional*. Michael lives in Hendersonville, North Carolina, with his wife and business partner, Katie and their three daughters, ages 22, 19, and 12 years old. Michael is passionate about soccer and plays almost year round. If for some reason he isn’t on the pitch, you can find him exploring new roads on his Harley Davidson. His favorite place to ride and spend time with his family is at the lake in Otis, Massachusetts. He is so happy his kids love to be there as much as he did as a teenager.

*2019-2020 Five Star Wealth Manager Award, created by Five Star Professional. The 2020 award was presented on 12/1/22 based on data gathered within 12 months preceding the issue date. 6,210 advisors were considered, 480 advisors were recognized. Advisors pay a fee to hold out marketing materials. Not indicative of advisor’s future performance. Your experience may vary. For more information, please visit www.fivestarprofessional.com.

07/29/2024

More and more women are becoming primary breadwinners, but many still shy away from managing family finances. Check out these reasons women often leave money matters to men, why that could be detrimental in the long run, and how to get more involved:
https://www.canowealthstrategies.com/article/financial-tips-female-breadwinners

07/26/2024

Last night we had lots of fun attending the Business After Hours Henderson County Chamber of Commerce, NC event at Seventh Ave in Downtown Hendersonville, NC. It was great to talk to fellow businesses and connect with our community. We encourage you to visit these great local businesses during this time of construction, they're open and ready to serve you!

Cabbage Rose Venue
Marco's Pizza
minibatchbakery
Old Lab Designs & Mercantile
Claywood

07/25/2024

Are you looking at retirement as an opportunity for adventure? If you’re thinking of moving abroad after you stop working, check out this list of the best countries to retire to in 2024 and why they make the cut: https://bit.ly/3YdEjkQ

Costa Rica leads the list of the best countries to retire in the world 2024, according to a new study from International Living.

06/07/2024

Check out this video recapping May's economic and market news. Most stock indices were up from 3 percent to 6 percent in May, and the S&P 500 and Nasdaq reached new all-time highs. The April employment report and declines in consumer and business confidence helped calm investor concerns about inflation and took interest rates down a bit. Companies showed strong earnings growth, providing a solid foundation for the market. With slower economic growth and stable market fundamentals, will we see continued expansion in June? Stay tuned to find out.

Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security.

05/14/2024

At the last minute (2 weekends ago) we reached out to Big Frog Custom T-Shirts & More (David Riddell) to get T-shirts made with pictures of our graduating daughter when she was young. They came out great!!! And she thought they were hilarious! Thanks David, she loved the surprise. We are now officially a Tar Heel family

05/12/2024

One last shot of the happy grad!

05/12/2024

Sarah and Todd’s graduation day, what a happy couple

05/12/2024

Insane!

05/12/2024

Graduation weekend for Sarah!

03/22/2024

CWS Representing! Thanks for the great time Henderson County Education Foundation!

03/22/2024

Happy birthday Bryan! Great day hanging with the old man on your birthday!

03/22/2024

Great day with great people!

🌟🎉 Today, we extend a massive THANK YOU to all the incredible teams joining us for the Sporting Clays tournament! We also extend a special thanks to Cleghorn Gun Club for hosting us!🎉🌟

Your dedication and support are invaluable as we work towards expanding the Leader in Me initiative across Henderson County Public Schools. Let's make today unforgettable! Best of luck to all teams, and may your shots be true! 🏆🔫

Horizon Heating & Air
Southern Alarm & Security
Vannoy Construction
Cano Wealth Strategies, LLC
Duke Energy
Benton Roofing
Bobcat of Asheville
Harris Home Care
TD
Baird Private Wealth Management
Park National Park
1st Citizens Bank
US Lawns

02/16/2024

Want to pay less to the IRS? If you’re a gig worker or nearing retirement, find out how to cut your tax bill with these insightful tips:
https://www.canowealthstrategies.com/article/ways-reduce-your-tax-liability

02/08/2024

Check out this video recapping January’s market and economic news. The U.S. stock market reported lower-single-digit gains, while international and emerging markets lagged behind. The economy performed well, as strong retail sales, a healthy jobs market, and consumer confidence drove the fourth-quarter growth. This result kept inflation steady, though Fed Chair Powell signaled no rate cuts at the next meeting. Given the disconnect between market expectations and the Fed, what will happen to rates in February? Stay tuned to find out.

Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security.

01/27/2024

What a fantastic evening we had celebrating Henderson County Chamber of Commerce, NC at the 101st Henderson County Chamber of Commerce. Great people doing great things! So inspiring!

01/11/2024

Markets were boosted by signs of continued economic growth and falling interest rates at year-end. Interested in what this might mean for 2024? Check out this quarter ending Market Update.

01/02/2024

As we close the book on 2023, we want to thank you for your support this year. May 2024 bring you health, happiness, and success. Cheers to new beginnings!

12/20/2023

You started a new job this year. Do you know what to do with your old 401(k)? Learn about every option, including the pros and cons for each, so you can make the best decision: https://www.canowealthstrategies.com/article/roll-over-or-not-roll-over-your-401k

12/06/2023

A fun time was had by all at the Hendersonville Christmas parade last Saturday!

11/30/2023

Even if you’re saving for retirement with a 401(k) or other work-based plan, it likely won’t cover all of your post-career expenses. Find out what other sources can potentially make up your retirement income and why it’s best to start planning early: https://bit.ly/3QXvxCh

A growing number of workers report that their primary source of retirement income will come from their 401(k) workplace savings plan, according to a new retirement study from Schwab. In 2022, workers said 37% of their retirement money would come from 401(k) cash. That figure has now risen to 40% of....

11/22/2023

Don't miss out on the festive charm of Downtown Hendersonville! 🎄 Our merchants and businesses are spreading holiday cheer with special deals and promotions during the Olde Fashioned Christmas on December 1st and throughout the entire holiday season.

🎁 Stay tuned for more information on these delightful specials and immerse yourself in the joyous spirit of the season! ✨

11/22/2023

Brightening the Season: Exploring Enchanting Holiday Light Displays As the holiday season descends upon us, make Hendersonville your homebase to see the many festive sights the Western North Carolina region has to offer. Christmas Time is Here, Happiness and Cheer Each December, Hendersonville turns...

11/22/2023

Getting excited for turkey and family time over Thanksgiving? Having your whole family in one place is the perfect opportunity to discuss estate planning, even if the conversation might be difficult. Check out this list of questions to ask.
https://www.canowealthstrategies.com/article/4-questions-adult-children-should-ask-their-parents-over-holidays

11/20/2023

Had a great Saturday attending the 26th Annual Henderson County Toy Run! It was the second year for me attending the Henderson County TOY RUN and the first for my daughter. Over 600 motorcycles made the fundraiser. Thanks to the Smoky Mountain H.O.G. chapter, all the townships, police and firefighters that made it possible to get downtown safe and sound.

11/15/2023

Check out this video recapping October’s market and economic news. U.S. indices were down for the third consecutive month, with the Nasdaq doing the worst. International markets also pulled back, and fixed income was down. Despite the market performance, job growth remained healthy, consumer income and spending grew, and retail sales increased. And while the housing market will pull inflation down, improvement there may be slowing. Will interest rates stabilize as we head into November? Stay tuned to find out. This video is presented by Brad McMillan, managing principal and chief investment officer at Commonwealth Financial Network®, our Registered Investment Adviser–broker/dealer.

Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security.

11/10/2023

So grateful for all the veterans out there. Especially this guy, my grandfather, who answered the call after the bombing of Pearl Harbor.

11/08/2023

Sneak peek of the Christmas tree being put up this gorgeous morning!

Address

109 South Main Street
Hendersonville, NC
28792

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Telephone

+18282298770

Website

http://www.Canowealthstrategies.com/

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Videos

Graduation Fireworks

Insane!

Retirement Savings Strategies

Most people understand they should be saving for retirement, but how much and where to begin? Check out this video on retirement savings strategies to help you answer those questions.

What is a target date fund?

You may have seen them listed as an investment option in your 401k plan, but what exactly is a target date fund? Watch the video and find out!

Budget. Save. Invest

Check out this helpful video on budgeting!

Traditional vs Roth 401k

Happy National 401k Day! We are often asked about the difference between a traditonal and Roth 401k. Check out the video to learn more about these two options.