Focused Wealth Management

Financial Advisor in Millbrook, NY

Firm Info
Address: 11 Old Balmville Rd, Newburgh, NY 12550, USA
Phone: (845) 691-4035

Firm Size
Assets Under Management: $1.1 billion
# of Advisors: 11
# of Clients: 1,613
Client to Advisor Ratio: 147:1
Average Account Size: $676,427
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Pension Consulting Services

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Pension & Profit Sharing Plans
  • Charitable Organizations
  • State & Municipal Govt Entities
  • Corporations or Other Businesses Not Listed Above

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Hourly
  • Fixed Fees (Other than subscription)

Get Connected with a Financial Advisor

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Focused Wealth Management, Inc. Overview

Focused Wealth Management, Inc. is a New York-based registered investment advisory firm that has been in operation since 2010. As a fee-only firm, it only charges for investment advice and does not sell products or earn commissions. Headquartered in Newburgh, the firm prides itself on its personalized approach to financial planning and portfolio management. The firm offers a range of services to cater to its clients' diverse needs, including financial planning, portfolio management for individuals and small businesses, and pension consulting services. Whether a client is in need of a comprehensive financial plan or assistance in managing their investments, Focused Wealth Management, Inc. strives to provide a customized solution that aligns with individual goals and aspirations. As an investment advice only firm, Focused Wealth Management, Inc. emphasizes transparency and objectivity in all its dealings. The firm's focus on providing unbiased and independent advice is a testament to its commitment to putting clients' interests first. Therefore, clients can rest assured that their financial well-being and security are in the best hands with Focused Wealth Management, Inc.

FOCUSED WEALTH MANAGEMENT, INC. is a renowned financial planning company that serves a diverse clientele base across various industries. The scope of their services is quite extensive, catering to individuals, high net worth individuals, pension or profit sharing plans, charitable organizations, state or municipal government entities, and other corporation types not listed. No matter how specific or unique the client's needs may be, the professionals at FOCUSED WEALTH MANAGEMENT, INC. are equipped to provide personalized services catering to their exact requirements. The firm offers several fee structures to meet their clients' financial planning needs efficiently. These include a percentage of assets under management (AUM), hourly fees, and fixed fees. The percentage of AUM fee structure involves charging a percentage of the client's total assets under management as a commission. Hourly fees are charged based on the amount of time spent on performing the financial planning services. Fixed fees are charges available for specific services or a package plan where clients pay a fixed amount for a package of services. These fee structures are flexible and designed to cater to each client's needs, and FOCUSED WEALTH MANAGEMENT, INC. strives to ensure transparent and affordable pricing for their services.

Typical Clients, Fee Structures & Investment Minimum

The Part 2 Brochure for FOCUSED WEALTH MANAGEMENT, INC. does not mention an investment minimum.

How This Office Can Help Millbrook, NY Residents

Focused Wealth Management is a leading financial advisory firm that provides customized financial solutions for clients in Millbrook, NY. The firm understands that individuals living in Millbrook face a unique set of financial challenges, which is why they offer personalized plans and investment strategies that are tailored to meet their clients' specific needs. Many clients in Millbrook are focused on preserving and growing their wealth while ensuring they have enough to support their lifestyle in retirement. Focused Wealth Management assists these clients by providing comprehensive financial planning that addresses all aspects of their financial situation, including retirement income planning, tax-efficient investing, estate planning, and risk management. Additionally, the firm helps clients navigate more complex financial situations, such as business transitions, inheritance planning, and philanthropic giving. Ultimately, Focused Wealth Management is dedicated to helping clients in Millbrook achieve their financial goals and enjoy financial peace of mind.

To view the Minimum Investment and Fee Schedule for Focused Wealth Management, Inc., visit their Part 2 Brochure.

Services Offered by Focused Wealth Management, Inc.

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Focused Wealth Management, Inc. most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Hourly
Fixed Fees (Other than subscription)
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 11 Old Balmville Rd, Newburgh, NY 12550, USA
Phone (845) 691-4035
Directions
Google My Business Reviews:
5 Stars

Other Office Locations

Firm Headquarters
Firm headquarters location 11 BALMVILLE RD., SUITE 2 NORTH, NEWBURGH, NY 12550-1911, United States

This firm has no other locations.

State Registrations

Focused Wealth Management, Inc. is registered to service clients in the following states:

  • Arizona
  • California
  • Colorado
  • Connecticut
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Maryland
  • Massachusetts
  • Minnesota
  • New Jersey
  • New York
  • North Carolina
  • Ohio
  • Pennsylvania
  • South Carolina
  • Texas
  • Virginia
  • Washington

Disciplinary History

Focused Wealth Management, Inc. does not have any disclosures. Please visit it's Form ADV for more details.