Scott A. Schropp, CAP®, CIMA®, CTFA
Managing Director - Wealth Management
Private Wealth Advisor
Global Institutional Consultant
Since his start in financial services in 1984, Scott has strived to make a difference in the world by making a difference to clients. Prior to leading The Iles Schropp Group, Scott served as president and CEO of Merrill Lynch Trust Bank of Michigan. He joined Merrill Lynch in 2000 and gains great satisfaction in helping institutions move their mission forward toward their goals. Scott has a deep understanding of 501(c)(3) rules and regulations and the complexities of serving the nonprofit sector. Scott draws on this knowledge to help nonprofit organizations, foundations and endowments create sustainability and intergenerational equity. He also works passionately to educate the board and staff members of nonprofit and independent sector organizations on using the appropriate planned-giving strategies for various market and economic cycles. In 2016 Scott was named by Barron's magazine as one of America's Top 1,200 Financial Advisors.
Scott holds the Certified Investment Management Analyst® (CIMA®) and Chartered Advisor in Philanthropy® (CAP®) designations. He also holds the Certified Trust and Financial Advisor (CTFA) designation which is sponsored by the ABA Institute of Certified Bankers.
Scott is a member of the following organizations: Council of Michigan Foundations, National Planned Giving Council, Independent Sector, Northeast Michigan Estate Planning Council, Association of Fundraising Professionals and Council on Foundations. In addition, he is on the board of the Michigan Nonprofit Association. Scott also volunteers as an advisor for the Bay Area Community Foundation, the Saginaw Community Foundation and the Karmanos Cancer Institute Foundation in Detroit. Scott earned a bachelor's degree from Ferris State University in Big Rapids, Michigan. He lives in Saginaw, Michigan, with his wife, Lynne. They have two grown children,Wesley and Ashley.