The Focused Wealth Management Philosophy
Focused Wealth Management believes that planning for the pursuit of financial success includes applying core investment principles: portfolio diversification, risk management and disciplined long-term investing. Our fundamental investment theory is: Risk + Time = Potential Reward. Therefore, we carefully consider a combination of both the client’s tolerance for risk and the amount of time available to invest the portfolio. Focused Wealth Management utilizes a clearly defined philosophy which provides a disciplined investment strategy.
We feel when determining an asset allocation, the last ten years of market data history is reviewed with the mindset that the last decade is more relevant to the anticipated decade, as opposed to using the entire history of the market. Furthermore, we rebalance our strategies according to current market conditions, but never steer away from our original foundation that accounts for the combination of risk and time.
The Focused Wealth Management Principles
- Indexing Outperforms Active Management
- Costs Are One Of The Most Important Factors In Long Term Investing
Investment Selection Process
Focused Wealth Management does not manage or sell proprietary products. We design and manage client portfolios, focusing on portfolio construction, risk management, cost, and tax efficiency. Our independent approach leverages diverse investment products through strategic custodial and trading relationships. Our Investment Selection and Monitoring Committee, made up of experienced professionals, conducts a strict, quarterly review of all investment products and managers.
It’s about your relationships, your life’s work, your passions or your contributions. It’s about the families, the advisors and the firm working together toward a common purpose: to honor you as the central figure of your own planning.
Our History
Focused Wealth Management was founded as Passante Associates, LLC in 1994, serving clients in the individual, corporate, public, endowment, and foundation marketplace. In July 2010, the firm transitioned to Focused Wealth Management, Inc. In 2024, we celebrate 30 years of dedicated service and look forward to the future with excitement and optimism.
Focused Wealth Management has always believed in a “hands on/team” approach to asset management. Our collective experience provides over 150 years of individual talent and market history, which we leverage to better serve and manage our clients’ diverse financial needs. Throughout this period, we have taken a long-term approach to client needs, striving to provide committed, innovative, and consistent advice to our clients at all times.
As a Registered Investment Advisory Firm, we have a solid track record of leadership and commitment to our clients, especially during times of financial crisis. Our actions have always been driven by the desire to do the right thing by our clients for today and tomorrow – The Power of a Firm Commitment.
What We Offer
Your Goals. Our Focus.
Get tailored financial strategies and expert guidance from a team with 150+ years of combined experience. Focused Wealth Management helps individuals, businesses, and foundations grow and protect their wealth with confidence.