Mike McNaughton,
CFP®, CPWA, AEP®, AIF®, CLU®, CLTC Wealth Advisor, RJFS Founder, OFSI founded OakWood Financial Services in 1999 with a clear vision: to give successful individuals and families an independent path to financial well-being free from the limitations of proprietary products. What began as a boutique practice has grown into a practice that specializes in advanced, integrated planning that helps clients preserve, grow and transfer their wealth with confidence.
Managing investments is just one part of our comprehensive wealth strategy. Drawing on deep experience in private wealth, tax strategy and estate planning, I guide clients through the complex decisions that come with significant assets and work closely with attorneys, accountants and trustees to deliver coordinated, thoughtful advice. At OakWood, our greatest strength lies in the relationships we build. We take the time to understand what matters most to our clients and provide clear guidance so they can make informed decisions.
Melissa and I live in Penfield, New York, and enjoy traveling with our grown children whenever we can. In my free time, I split my enthusiasm between cheering on the Buffalo Bills and chasing a better golf swing.
Professional Background
- Certified Financial Planner® Professional
- Certified Private Wealth Advisor®
- Accredited Estate Planner®
- Accredited Investment Fiduciary®
- Certified Life Underwriter®
- Certified for Long-Term Care
- Bachelor’s degree, St. Bonaventure University
Award-Winning Guidance and Accredited Expertise*
- 2026, 2025, 2024 and 2022 Forbes Best in State Wealth Advisors
- 2026, 2025 and 2024 AdvisorHub Advisors to Watch
- 2014 – 2026 Women’s Choice Award
- 2024 Rochester Business Journal Financial Leaders Wealth Advisor Award
Community Affiliations and Involvement
- CDS Wolf Foundation Inc., Board Member
- Estate Planning Council of Rochester, Board Member
- Financial Planning Association
- Financial Services Institute
- Society of Financial Services Professionals
The Forbes Best-in-State Wealth Advisors 2026 ranking, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. This ranking is based upon the period from 6/30/2024 to 6/30/2025 and was released on 4/7/2026. Those advisors that are considered have a minimum of seven years of experience, and the algorithm weighs factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Out of approximately 52,043 nominations, roughly 11,302 advisors received the award. This ranking is not indicative of an advisor's future performance, is not an endorsement, and may not be representative of individual clients' experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Compensation provided for using the rating. Raymond James is not affiliated with Forbes or Shook Research, LLC. Please visit https://www.forbes.com/best-in-state-wealth-advisors/ for more info.
The 2026 AdvisorHub 1,000 Advisors to Watch ranking is based on an algorithm of criteria, focused on three key areas: Quality of Practice, Year-Over-Year Growth, and Professionalism & Character. The rankings weigh the scores in Quality and Growth more heavily than other areas. Time period upon which the rating is based is from 12/31/2024 – 12/31/2025, and was released on 6/16/2026. Advisors considered have a minimum of seven years’ experience, a clean regulatory record with 2 or fewer complaints and no significant judgements, must have been with their current firm for at least two years and in good standing, and have at least $100 million in assets under management. Out of 2,172 total nominations received, 1,000 advisors received the award across five categories: Over $1B: 205;RIAs: 250; Under $1B: 400; Next Gen: 50. This ranking is not based in any way on the individual's abilities in regards to providing investment advice or management. This ranking is not indicative of advisor’s future performance, is not an endorsement, and may not be representative of individual clients’ experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Compensation provided for using the rating. Raymond James is not affiliated with AdvisorHub.
The 2026 Women’s Choice Award® is issued by the Women’s Choice Award based on a 17-point qualification and verification process. Advisors are evaluated on factors including providing quality service to women clients, such as educational and professional credentials, experience, and a favorable regulatory history, among other factors, including letters of validation and professional background checks. Approximately 50–100 advisors are reviewed annually, and approximately 75–90% of those who submit a qualification survey are verified. Nominations and the award is determined on a rolling basis throughout the year and is based on information that is generally current, with certain criteria reviewing activity over the prior three to ten years. Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. Advisors who qualify have the option to license the award seal and related marketing materials for a fee. Raymond James is not affiliated with Women's Choice.
*Rochester Business Journal Financial Leaders awarded at previous firm.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, Certified Financial Planner®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
Raymond James is not affiliated with the above organizations and/or charitable causes.
