Stephen Schiestel
Frederick S. Addy Professor of Practice | Michigan State University
East Lansing, MI, UNITED STATES
Stephen Schiestel teaches Security Analysis and Corporate Finance along with classes in Financial Planning and Wealth Management.
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Biography
Stephen Schiestel has 17 years’ experience as a fiduciary advisor. Prior to co-founding Grand Capital, he led the investment practice for the Michigan market at First Merit Private Bank. Stephen was also the Chief Investment Officer at Citizens Bank Wealth Management, managing all aspects of the investment division for a $2.2 billion portfolio. Before being promoted to Chief Investment Officer, he was the Head of Investment Strategy, Director of Financial Planning, and Portfolio Manager at Citizens.
Currently, Stephen is the Frederick S. Addy Endowed Professor of Practice in Finance at Michigan State University’s Broad College of Business, where he teaches Security Analysis and Corporate Finance along with classes in our Financial Planning and Wealth Management Program.
Stephen received a bachelor’s degree in Business Administration from the University of Michigan-Flint and an M.B.A. from Michigan State University. He is a Chartered Financial Analyst and earned this designation in 2000.
Stephen grew up in mid-Michigan in a “Richie Cunningham" traditional American family. His father worked for General Motors and his mother stayed at home, ran the household, and was the family CEO. Stephen went to a Catholic grade school and public high school before attending college.
Stephen served for six years on the Board of Directors of the Catholic Charities of Shiawassee and Genesee Counties which provides resources including comprehensive child welfare services for abused and disadvantaged children (food, clothing, and counseling services).
Industry Expertise (3)
Research
Education/Learning
Financial Services
Areas of Expertise (1)
Financial Investments
Accomplishments (3)
EMBA Professor of Excellence Award (professional)
2020
EMBA Professor of Excellence Award (professional)
2019
Instructor Excellence Award for the Undergraduate Program (professional)
Spring 2019
Education (2)
Michigan State University: M.B.A. 1998
University of Michigan: B.B.A., Finance 1992
Affiliations (3)
- Financial Planning Association (FPA)
- CFA Institute
- CFA Society of Detroit
Links (2)
News (5)
Ask the expert: How to get the most out of your tax return
MSU Today online
2023-04-13
With Tax Day approaching on April 18, Stephen Schiestel, Frederick S. Addy Professor of Practice in finance in the MSU Broad College of Business, explains the basics of tax filing and offers some tips to help you get the most out of your tax return.
Virtual Externship Offers Pathways for the Next Generation of Financial Planners
Wealth Management online
2023-04-04
For Stephen Schiestel, professor of finance at Michigan State University Broad College of Business, the Virtual Externship was a godsend to help students fill the resume gap created by the pandemic. And, as part owner of an independent advisory in Michigan, Schiestel saw for himself the benefits of hires who completed the program.
What you need to know about the third stimulus check according to a local financial expert
WLNS online
2021-03-08
Digital reporter Samana Sheikh spoke with Professor Steven Schiestel who specializes in finance at Michigan State University. He provided an in-depth view of why this new bill is good for the economy. Schiestel also says this new check could bring a helping hand to individuals who make up to $75,000 a year, and married couples who have a joint income of $150,000.
Favorite Professors Of The Executive MBA Class of 2020
Poets & Quants online
2020-10-11
That was the case for Tammy Hannah, the CEO of a nonprofit brain injury rehabilitation center. In college, she studied occupational therapy, not finance. As she climbed the ranks of a 130-employee operation, Hannah realized that she needed to better understand areas like asset allocation and forecasting. Just one problem: these were the areas that “intimidated” her most. Enter Stephen Schiestel, who teaches corporate and managerial finance classes at Michigan State’s Broad College of Business. Not only did Schiestel make finance understandable, Hannah notes, but also pertinent to every facet of her job.
Money Monday: Why your beneficiary designation form is important
WLNS online
2020-08-03
When you think about estate planning, most people think about getting their wills and trusts in order. For many, their IRA’s or 401(k) will control the distribution of assets.
Event Appearances (3)
Path to Financial Success
MSU College of Osteopathic Medicine Statewide Campus System Division of Obstetrics & Gynecology Consortium of Residencies
2020-01-23
The (Personal) Finance Five
MSU Plant Laboratory/Plant Biology Department
2020-01-21
Behavioral Finance
Recharge Your MBA
2018-05-10
