Mike started in the investment business in 1976. He serves as Principal of Michael Malone Investment Advisory. His primary dedication is to his unique client portfolios: their strategy, development, implementation, and oversight.
Prior to establishing Swarthmore, Mike held senior positions in a number of global financial institutions including Merrill Lynch, Janney Montgomery Scott, and Wells Fargo Advisors.
During his first year in the industry, Mike realized that using investment ideas espoused by large Wall Street firms led to disappointment for his clients. In 1976 Mike discovered the investment ideas and strategies of Benjamin Graham, Warren Buffet’s professor at Columbia, and became a believer in intelligent investing. Because Mike believes there is integrity and success in this strategy, he continues to still use it today. Through his experience and developed investment technique, Mike strives to assist his clients in navigating market downturns, such as those experienced in 2000-2002 and 2008-2009. Mike recognizes his clients’ desire not to be dragged down in bad markets, so he seeks to “control risks first and pounce on opportunities when they become available.” While most advisors pray for steadily rising markets with which they are comfortable, Mike says “bring it on” to the turbulent markets we have now.
Mike has made the Delaware County, PA area his home since 1984. He has always had a passion for involvement in local organizations and giving back to the community. Mike has been a member of the Board of Directors of The Lake Champlain Chamber of Commerce, Family and Community Services of Delaware County, Swarthmore Rotary Club, Thresholds, Citizens Advocates, Rolling Green Golf Club, Pendle Hill, and Kendal/Crosslands Communities.
Mike is a 1973 graduate of the University of Delaware, attaining a bachelor’s degree in political science with a concentration in the philosophy of social sciences. He also attended St. Charles Seminary High School in Catonsville, Maryland.
Mike and his wife, Anne, have three daughters and five grandchildren. He has an interest in the study and enjoyment of golf course architecture.