Stephen Schiestel

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).