About Us and Our Founder
About Our Firm
MP Wealth Management is not your typical CPA firm. We are a comprehensive “Fee-Only” CPA and wealth management firm. In simpler terms, we do not charge commissions for our advice and have no ulterior motives. Our sole focus is to provide you with independent, unbiased, tailored financial advice.
At some point, every individual or business needs independent advise. Our philosophy is simple. You don’t need to be rich to hire a financial adviser — just smart.
We believe that everyone deserves the opportunity to achieve financial success, regardless of their account size. That is why we offer free consultations to anyone and have no account minimums. We accept clients on a pro-bono basis as well. We like to work with client who are compatible with our philosophy. Our client base includes individuals (both single and divorced), couples and businesses. We work with both young and older clients. Our client acceptance criteria are stringent as we provide the highest level of personal service and attention to detail to each and every client we work with.
About Our Founder
Michael Porcelain has been a CPA in the State of NY since 1996. He started his professional career at IBM, where he learned the dynamics of a global multi-billion-dollar technology company. He then went to work at KPMG, a Top 4 accounting firm, and shortly thereafter was recruited by PricewaterhouseCoopers to help build a high technology practice in the New York and Ohio geographic areas.
In 1999, he joined Symbol Technologies, a wireless technology company, and simultaneously founded The Independent Adviser Corporation, a Registered Investment Adviser (RIA). An early adopter of the Internet, the company established The-Adviser.com (which is now known as TheAdviser.com) which provided financial planning, money management and tax services for literally thousands of individuals representing over $1 billion in assets managed.
In 2002, embracing fatherhood, Mike made a bold decision to wind down and pause his company. He joined a local company known as Comtech Telecommunications Corp. (NASDAQ: CMTL), and in 2006, he was appointed CFO. Rising through the ranks, he served as its COO, President, and ultimately served as CEO.
In August 2022, after serving more than 20 years as a senior executive and repositioning Comtech’s global strategy, negotiating several contracts worth north of a billion dollars in revenues, and setting the stage for its next chapter of growth, it was the right time for him to take a breather. He wanted to spend more time with his own family and get back to his love of helping other individuals, families, and businesses with their financial planning, investment, and tax needs.
In 2024, he formed MP Wealth Management which he considers to be the Best CPA Firm in the country. Appropriately so, our website is known as TheBestCPAFirm.com. MP Wealth Management is listed in 1800ADVISER.COM, the nation’s only toll-free directory for independent Fee-Only professionals.
Most importantly, Mike has two great kids, a beautiful fiancée and three small dogs.