Newburgh, NY Financial Advisors and Resources



Financial Advisor Firms in Newburgh, NY


FOCUSED WEALTH MANAGEMENT, INC.

Website

(845) 691-4035

11 Balmville Rd.
Suite 2 North
Newburgh, NY 12550

SEC#: 801-71860
Years in Business: 10 years

SPIRE WEALTH MANAGEMENT, LLC

Website

(845) 563-0537

100 Stoney Brook Ct.

Newburgh, NY 12550

SEC#: 801-60468
Years in Business: 20 years

SOURCE FINANCIAL ADVISORS, LLC

Website

(917) 539-2117

1 Spring Square Business Park
Unit 1
Newburgh, NY 12550

SEC#: 801-77037
Years in Business: 9 years

SOURCE FINANCIAL ADVISORS, LLC

Website

(917) 539-2117

1 Spring Square Business Park
Unit 1
Newburgh, NY 12550

SEC#: 801-77037
Years in Business: 9 years

SOURCE FINANCIAL ADVISORS, LLC

Website

(917) 539-2117

1 Spring Square Business Park
Unit 1
Newburgh, NY 12550

SEC#: 801-77037
Years in Business: 9 years

PFS INVESTMENTS INC.

Website

(845) 632-6100

1662 Route 300
Suite 131
Newburgh, NY 12550

SEC#: 801-72263
Years in Business: 10 years


How Retirement-Friendly is Newburgh, NY?

  • Population: 28,255
  • % of Population 62 Years and Over: 12.6%
  • Average Home Value: $165,400
  • Average Monthly Housing Cost: $1,184
  • Average Household Income: $56,754
  • New York Total Tax Burden: 12.79% (Highest in U.S.)
  • New York Property Tax: 4.40% (6th Highest in U.S.)
  • New York Individual Income Tax: 4.96% (Highest in U.S.)
  • New York Sales and Excise Tax: 3.43% (22nd Highest in U.S.)


Newburgh, NY Financial Advisor FAQs

A financial advisor can help with many aspects of your money and it's important to be proactive about your finances. Seek out a reputable, expert professional for this sort of advise.
Financial advisors work closely with clients to evaluate current situations and decide on the best course of action moving forward. This may be saving more money or making investments that grow their funds at a rate too costly for most people who must instead rely on what they have saved up for retirement.
Even though there's no legal requirement for an advisor to be registered, many financial advisors abide by a fiduciary standard of care meaning they put your interests first. A good way to find out if you're dealing with an unregistered professional can be to ask what your registration options are and who you file your taxes with. If the answer is either vague or only tells part of the story, then there's likely something fishy about that business. Ultimately, it boils down to trusting your gut instinct - if anything feels off or doesn't seem right, terminate whatever relationship you have with that person immediately.
A second place that sometimes works well is to ask friends or family, they will usually steer you away from their competitor but at least they should recommend possible candidates.