Local Financial Advisor, Michael Oana Wins Prestigious Award

November 18, 2008

COLUMBIA, SC – November 12, 2008 – Summit Brokerage Services, one of the nation’s fastest growing financial services firms serving the needs of individual investors, is pleased to announce that, during the 2008 Summit National Convention, Michael Oana was inducted into Summit’s President’s Club.  Membership in the President’s Club is awarded only to the firm’s top financial advisors based on their revenue during the prior year. 

Michael J. Oana, Chief Investment Officer, Team Oana Investment Advisors, whose office is located in Columbia, South Carolina, has over 15 years of experience helping clients achieve their financial objectives by providing investment advice and financial planning services.  Mr. Oana  attributes much of his success to a hands-on approach in gaining a complete understanding of each client’s investment objectives, and then tailoring the most appropriate strategies to realize those goals.  Mr. Oana currently has around 236 client families.

He attended the University of South Carolina and graduated in only three years with degrees in both management and marketing. After graduation, Mr. Oana turned his internship at Merrill Lynch into a full-time position, and ultimately rose to the position of Assistant Vice President of the Columbia, South Carolina office.

After 12 years with Merrill Lynch, Michael left to start his own investment firm, Team Oana, which specializes in working with retirees and business owners. Michael holds Series 7, 24, 63, and 65 Securities Licenses and is licensed in several states, in addition to holding an Insurance License in South Carolina.

During his many years in the investment industry, Michael has been honored with numerous awards, including being named in The State Newspaper’s “Top 20 Under 40” Club for 2008.

Marshall Leeds, President and CEO of Summit Brokerage Services, said, “It gives me great pleasure to acknowledge not only Michael’s outstanding achievement, but also his leadership role among this influential group of Summit’s top financial advisors.” 

Summit Brokerage Services is a subsidiary of Summit Financial Services Group, Inc. (SFSG), a Florida-based financial services holding company that has been ranked by the South Florida Business Journal as one of South Florida’s largest public companies.

Summit Brokerage Services has been:

  • named #1 independent boutique broker-dealer in the country by Boomer Market Advisor magazine;
  • recognized by Financial Planning magazine as one of 50 “Up and Comers;”
  • ranked sixth for home office support by Investment Advisor magazine; and
  • named among the Top 50 Broker/Dealers by InvestmentNews.


SFSG provides a broad range of securities brokerage and investment services to primarily individual investors through Summit Brokerage Services, which also sells insurance products, predominantly fixed and variable annuities and life insurance, through its subsidiary, SBS Insurance Agency of Florida. Summit Brokerage also provides asset management services through its registered investment adviser, Summit Financial Group, Inc.


For additional information, please visit www.SummitBrokerage.com