What is Focused Wealth Management (FWM)?

Focused Wealth Management is an independent SEC Registered Investment Advisory firm (RIA) founded in 1994. They are committed to providing clients with asset management solutions and services to help them achieve their financial goals.

What is the core philosophy of Focused Wealth Management?

Their core philosophy is encapsulated by “People. Passion. Progress.” They were founded with the goal of assisting clients in every aspect of their financial lives, emphasizing a client-centric approach with a dedicated team and a focus on helping clients make financial progress.

What types of clients does Focused Wealth Management serve?

Focused Wealth Management serves a diverse range of clients, including individuals (“Mom and Pop”), High Net Worth Individuals, Foundation Boards, and sponsors of 401(k) and 403(b) plans.

What services does Focused Wealth Management offer?

FWM offers a variety of services aimed at helping clients identify and achieve their specific financial goals. While the source doesn’t list every single service, it highlights asset management solutions, assistance with retirement planning (including a Retirement Plan Portal), and financial wellness initiatives. They work to develop strategies tailored to individual client needs.

How does Focused Wealth Management approach the investment process?

Two critical elements in their investment process are portfolio construction and risk management. This suggests a focus on building diversified portfolios designed to align with client goals while carefully considering and managing potential risks.

How experienced is the team at Focused Wealth Management?

The Focused Wealth Management team boasts a significant amount of experience in the financial industry, with references to over 100+ years and over 150 years of combined financial experience. This highlights their long-standing presence and depth of knowledge in providing financial guidance.

Is Focused Wealth Management affiliated with any other entities?

Yes, Focused Wealth Management is an Independent Registered Investment Advisor. They are registered reps and serve as a branch office of Osaic Wealth, Inc., which is a registered broker/dealer and a member of FINRA and SIPC. It is important to note that Focused Wealth Management and Osaic Wealth are separately owned companies.

How can someone learn more or contact Focused Wealth Management?

Individuals can learn more about Focused Wealth Management through their website which includes sections about their philosophy, team, services, and process. They also offer a “Media Center” with resources like “2 Question Tuesday” videos. Direct contact information, including their phone number ((845) 691-4035), is provided for those who wish to inquire about their services.