Michael Vela
Founder and Chairman
Mike is a dynamic leader who founded Balmville Wealth Group (BWG) to give advisors a unique and complete product platform. Mike started his career as an advisor in 1988 and worked with clients before becoming a mentor, coach, and confidant to advisors from Buffalo to Miami. As an executive, Mike led the integration of two multi-billion dollar organizations while growing sales to record levels and creating policies to enable advisors to excel. With over thirty years of experience, Mike is clear on what advisors need, in today's ever-changing environment, to maximize the success of their practice and best help their clients. Through your affiliation with BWG, you will have access to Mike for guidance and support in maximizing your success.
Fred Nero
Co-founder and President
Fred is a forty-six year veteran in the financial services industry. His career began in 1974 after graduating from the University of Albany with degrees in Business Administration, Finance, and Accounting. He has helped thousands of individuals, families, and advisors prosper and obtain their goals. Fred, over the years, has lectured before financial professionals and organizations across the country, and is well known in the industry for conducting seminars providing education to clients to help them make sound and informed financial decisions. Fred prides himself on being "in the trenches", and his desire and passion for helping advisors is unparalleled in the industry. Through your affiliation with BWG, Fred will become a resource to you and spend time physically or via phone to support in maximizing your success.