Michael Derderian

Derderian Financial is a retirement-focused financial practice run by Michael Derderian and his son Alec, who are both managing partners. The firm focuses on helping clients plan Social Security benefits, annuities and life insurance as part of a retirement plan, with an emphasis on income rather than a set retirement age. Its site explains how Social Security benefits work, including eligibility and how delaying benefits can raise the monthly amount.

The practice works with clients one-on-one to build an ongoing plan that looks at the bigger picture of retirement. Michael has years of experience in wealth management, including earlier work at Merrill Lynch. Investment advisory services are offered through Brookstone Capital Management, LLC, a separate registered investment advisor, and insurance products are sold through individually licensed agents. The office is at Cummings Center in Beverly, Massachusetts.