Michael Schankerman
Partner Advisor
CFP®, ChFC®, CFS®, CASL®, RICP®
Michael Schankerman is a Partner Advisor and a CERTIFIED FINANCIAL PLANNER® professional in Allworth’s Indianapolis, Indiana, office. An Indianapolis native, he is also a graduate of the prestigious Kelley School of Business at Indiana University. In his spare time, Michael enjoys classic cars, traveling, and volunteering to promote financial literacy. He and his wife, Karen, live in the Indianapolis area and are proud parents of three children and grandparents to four.
My work begins with deep listening. I take the time to truly understand each client’s goals, challenges, and personal context before identifying key priorities and crafting a plan that fits their unique needs. From that foundation of understanding, I develop financial strategies guided by clarity, adaptability, and a strong commitment to client-first thinking. I believe planning works best when it’s collaborative, so I approach each relationship as an ongoing partnership—one that evolves as life and circumstances change.
Throughout this process, my clients can expect a personalized, judgment-free experience, where their goals and values remain at the center of every conversation. I provide clear, practical guidance and ongoing support, with strategies designed to build confidence and empower informed decisions at every stage of life.
At the core of my work is a genuine commitment to building meaningful relationships. I find it deeply rewarding to help clients feel more confident and empowered as they navigate their financial lives. That sense of connection is what fuels my passion every single day. It’s a privilege to walk alongside people during some of life’s most important moments—whether they’re preparing for retirement, facing a major transition, or simply seeking clarity for the road ahead. Seeing the real impact that financial understanding can have on a client’s confidence and peace of mind is what makes this work so fulfilling.
CFP®: CERTIFIED FINANCIAL PLANNER®
ChFC®: Chartered Financial Consultant®
CFS®: Certified Fund Specialist®
CASL®: Chartered Advisor for Senior Living®
RICP®: Retirement Income Certified Professional®
I was raised to treat people the way you would want to be treated. It is always my goal for clients to leave our meetings feeling more educated, prepared, and confident to reach their financial goals.
Latest Insights
The Emotional Side of Estate Planning: Preparing Your Family for the Future
Planning for your wealth's future involves more than just legal documents—it’s about creating a lasting legacy that your family understands and can …
Read more
The Myth of Market Timing: How Emotional Investing Can Lead to Poor Outcomes
Is your ‘gut’ in charge of making investing decisions for you? Here’s why that’s a bad strategy.
Read more
The Top 6 Tax Planning Mistakes High-Net-Worth Investors Make (And How to Avoid Them)
Explore some of the most common tax planning missteps high-net-worth investors face—and discover strategies for optimizing your wealth.
Read more
