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Michael P. McDermott, CFP®

Michael P. McDermott, CFP®


Get to know Michael:

Why he entered the business

Defining Success

His Business Philosophy

The Discipline of Business and Golf


Michael P. McDermott is the President of Kathmere Capital Management and sits on the firm’s investment committee. Michael is a Philadelphia native and a graduate of St. Joseph’s University. He began in the financial services industry upon graduation from college has now been serving clients for almost 20 years.

Michael currently holds the Certified Financial Planner (CFP®) Designation. In addition, Michael recently completed classes at The Massachusetts Institute of Technology (MIT) in preparation for the CIMA (Certified Investment Management Analyst) Designation.

Michael has also authored a book to help clients navigate the complexities in selecting a qualified financial advisor. "Financial Advisors are NOT Created Equal" was published in 2015 and is a reflection of his career experience and acknowledgement of the challenges clients face when trying to differentiate financial advisors.

Michael is actively involved in the community and local events. He is a co-founder of Community Backstop, a suburban Philadelphia charity designed to provide assistance to those in our local communities in need. Michael is also an accomplished local amateur golfer. He has been named “Philadelphia Golfer of the Year” 5 times and competed in numerous US Amateur Golf Championships. At St. Joseph’s University, he was named an "All American Scholar" by the Golf Coaches Association of America and was also inducted into the University's Athletic Hall of Fame.

Michael and his wife, Brooke, live in Bryn Mawr, PA with their three sons.