Michael Sparico

Vice President, Planning Solutions

New York
Michael Sparico

Michael joined Summit Trail in 2021 as a Vice President and Advisor working with family office clients on planning and investment needs. He works in conjunction with the firm’s broader planning capabilities on their family’s financial plans, as well as specializing in private placement insurance. Michael and his wife reside in Darien, CT with their two children and are avid supporters of St. Jude Children’s Research Hospital via their work with the Curetivity Foundation. Michael began his professional career working with a Travel/Hospitality Tech start-up following college in 2005. During the financial crisis, he leveraged his finance experience joining National Grid as an Analyst within their corporate finance department covering physical and financial energy commodity price exposure, risk management, trading and regulatory reporting. In 2010, Mr. Sparico joined Energex Worldwide Trading as an energy derivatives broker on the floor of the New York Mercantile Exchange specializing in Oil/Natural Gas Options Trading. Subsequently, in 2013, Michael launched his own institutional sales trading desk within the SCB Group where he managed the firm’s volatility and hedging strategies. Prior to joining Summit Trail, Michael was a Senior Vice President of Business Development at Heritage Strategies LLC where he focused on all facets of client engagement, introducing UHNW families to the family office platform, and led the firm's Private Placement vertical.

Education:

Michael holds a B.A. in Managerial Economics with a Minor in French from Union College in Schenectady NY, where he played Varsity Lacrosse. He maintains various licenses including his Series 3, Series 30, and Life, Accident & Health.


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