Focused Wealth Management
Focused Wealth Management is a privately held, SEC-registered RIA in Newburgh, NY managing $2.29B in assets under advisement for mass affluent and high net worth individuals, 401(k)/403(b) plan sponsors, and nonprofit foundations through fee-based investment management, retirement planning, and fiduciary advisory services.
- Company typePrivate
- Founded1994
- HeadquartersNewburgh, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Focused Wealth Management does
Focused Wealth Management is a privately held, SEC-registered investment advisory firm founded in 1994 (originally as Passante Associates, LLC, rebranded to Focused Wealth Management, Inc. in July 2010) and headquartered in Newburgh, Orange County, New York. The firm provides investment management, financial planning, retirement planning, estate planning, and risk management services to four primary client segments: mass affluent individuals, high net worth individuals, 401(k)/403(b) retirement plan sponsors (under ERISA 3(38) co-fiduciary arrangements), and nonprofit 501c3 foundations and endowments. As of 2026, the firm oversees approximately $2.29 billion in assets under advisement, with the leadership team — anchored by Managing Director Phil DeAngelo — collectively bringing 150+ years of industry experience and holding advanced designations including CFP, CPWA, AIF, RSSA, and CPFA.
The firm operates on a fee-based asset management model with a tiered management fee schedule, generating revenue through recurring advisory fees rather than proprietary product sales or commissions. Securities are offered through a core partnership with Osaic Wealth, Inc., a registered broker/dealer, while Focused Wealth Management retains independent RIA ownership and operates as a branch office of Osaic for brokerage execution. The Investment Selection and Monitoring Committee conducts strict quarterly reviews of all investment products and managers, leveraging strategic custodial relationships for execution rather than proprietary investment vehicles. The firm has built a differentiated retirement plan practice around a proprietary 'Five Step Focused Fiduciary' methodology covering IPS development, daily investment monitoring, risk-based model construction, and quarterly committee reviews.
Go-to-market is direct and relationship-led, supplemented by an active content and earned-media program including the registered '2 Question Tuesday®' weekly video series, a Financial Wellness Series video library, white papers (including a 2026 Outlook), a Retirement Plan Portal, and a suite of online financial calculators. Media presence spans Forbes, CNBC, Fox Business, Bloomberg, MarketWatch, The Motley Fool, Business Insider, and U.S. News & World Report. The firm is founder-led, with no disclosed private equity or venture capital backing, and primarily serves clients in the U.S. Northeast region with single-office operations.
Focused Wealth Management firmographics
Firmographics- Name
- Focused Wealth Management
- Legal name
- Focused Wealth Management, Inc.
- Website
- https://focusedwealthmgmt.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Focused Wealth Management is a privately held, SEC-registered RIA in Newburgh, NY managing $2.29B in assets under advisement for mass affluent and high net worth individuals, 401(k)/403(b) plan sponsors, and nonprofit foundations through fee-based investment management, retirement planning, and fiduciary advisory services.
- Ownership category
- akta.pro rank
Focused Wealth Management industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro industry
- Financial Planning & Goals-Based Advice (Mass Affluent)Advisory Portfolio Management (Non-Discretionary)Retirement Plan Participant Advice & Managed AccountsRetirement & Pension Wealth (401(k)/IRA/SIPP/Superannuation Retail)
Keywords
Where Focused Wealth Management is headquartered
LocationHeadquarters
- HQ city
- Newburgh
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Focused Wealth Management business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Fee-Based Asset Management: The firm operates as a Registered Investment Advisory firm providing fee-based asset management services. Securities are offered through Osaic Wealth, Inc., a registered broker/dealer. The firm uses a tiered management fee schedule for clients, with financial planning and Next Phase Income Distribution planning available with a financial services agreement.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Not specified | Tiered fee schedule based on assets under management |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Focused Wealth Management product offering
Product offeringCore offering
Focused Wealth Management provides fee-based investment management and financial planning to mass affluent and high net worth individuals, 401(k)/403(b) retirement plan sponsors, and nonprofit 501c3 organizations. Services include portfolio construction, risk management, retirement and estate planning, asset protection, and 3(38) co-fiduciary retirement plan management. The firm operates independently of proprietary products, leveraging third-party custodial and trading relationships.
Product overview
Focused Wealth Management offers a unified wealth management platform centered on investment management, retirement planning, and financial planning services. The core offering includes personalized asset management with portfolio construction, risk management, and tax efficiency, complemented by a suite of financial calculators and an online Retirement Plan Portal. Educational content is delivered through the Financial Wellness Series (video content on retirement, investing, and planning topics) and the 2 Question Tuesday video series (weekly market insights). Services are tiered for Mass Affluent individuals, High Net Worth Individuals, 401(k)/403(b) Plan Sponsors (including 3(38) fiduciary services), and Non-Profit 501c3 organizations.
Differentiator
Problem solved
Functional benefit
Products and services
- Investment Management Services Comprehensive fee-based asset management covering portfolio construction, risk management, cost efficiency, and tax efficiency for mass affluent individuals, high net worth individuals, and institutional clients. The firm does not sell proprietary products; instead it designs and manages client portfolios using third-party investment products accessed via strategic custodial and trading relationships.
- Retirement Planning Planning and ongoing advisory for individuals approaching or in retirement, including management of 401(k), 403(b), and 457 workplace plans and Next Phase Income Distribution planning for retirement income strategy.
- Financial Planning Holistic financial planning across wealth accumulation, retirement education, insurance, asset protection, wealth transfer, family foundation planning, and investment advice for individuals and families.
- Estate Planning Estate planning services including trust management and wealth transfer strategies for individuals and families seeking to preserve and transition wealth across generations.
- Risk Management Risk-based investment model development, ongoing monitoring, adjustment, and rebalancing of client portfolios to align with each client's risk tolerance and time horizon.
- 401(k) and 403(b) Plan Fiduciary Services ERISA Section 3(38) co-fiduciary services for 401(k) and 403(b) plan sponsors, including Investment Policy Statement development, daily investment monitoring, quarterly plan reviews, and on-site participant education.
Quantifiable outcome
- $2.29 billion in assets under advisement
- +1 more outcomes
Companies that use Focused Wealth Management
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Focused Wealth Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Focused Wealth Management partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights5 records
Focused Wealth Management competitors and assessment
Company assessmentDirect peers
- Mercer Advisors: National RIA providing comprehensive wealth management, retirement plan, and estate planning for HNW clients. Comparable on service breadth, fiduciary model, and target segments, though at materially greater scale.
- Creative Planning: Large fee-only RIA offering unified wealth management, retirement plan, and nonprofit services. Direct competitor across mass affluent, HNW, retirement plan, and 501c3 segments, though materially larger in scale.
- Buckingham Strategic Wealth: Fee-only RIA with a fiduciary, evidence-based investing philosophy serving mass affluent and HNW clients. Highly comparable to Focused Wealth Management on service model, client segments, and indexing/cost-aware investment approach.
- Carson Group: RIA and coaching platform with significant retirement plan practice and HNW services. Comparable to Focused Wealth Management's 3(38) fiduciary offering and advisor-led wealth management model.
- Edelman Financial Engines: Large RIA combining personal wealth management with retirement plan services for plan sponsors and participants. Closest comparable to Focused Wealth Management's retirement plan and individual advisory practice, though at significantly greater scale.
- Mariner Wealth Advisors: Comprehensive RIA offering financial planning, investment management, retirement plan, and estate services to HNW individuals and institutions. Comparable across all four of Focused Wealth Management's client segments.
- Sequoia Financial Group: Mid-sized RIA offering wealth management and retirement plan solutions to individuals, plan sponsors, and institutions. Similar cross-segment coverage and fee-based model to Focused Wealth Management.
Emerging players
- Sanctuary Wealth: Emerging RIA platform supporting independent advisors transitioning from wirehouses to fiduciary models. Overlaps with Focused Wealth Management in advisor-led wealth management, though serves a younger, growth-stage advisor base.
Broad incumbents
- Commonwealth Financial Network: Independent broker-dealer supporting RIAs and financial advisors with planning, investment, and retirement solutions. Comparable in supporting the same RIA operating model that Focused Wealth Management embodies, but at a platform/multi-advisor scale.
- Cetera Financial Group: Independent broker-dealer and RIA-supporting platform serving individual investors and financial professionals. Overlaps with Focused Wealth Management through retirement plan and wealth management capabilities, but operates at much broader scale across multiple product categories.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Focused Wealth Management social profiles
Digital presenceFocused Wealth Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Focused Wealth Management leadership team
Management profileNumber of profiles
Profiles7 records
Focused Wealth Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Focused Wealth Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Focused Wealth Management
What does Focused Wealth Management do?
Focused Wealth Management provides fee-based investment management and financial planning to mass affluent and high net worth individuals, 401(k)/403(b) retirement plan sponsors, and nonprofit 501c3 organizations. Services include portfolio construction, risk management, retirement and estate planning, asset protection, and 3(38) co-fiduciary retirement plan management. The firm operates independently of proprietary products, leveraging third-party custodial and trading relationships.
Is Focused Wealth Management a public or private company?
Focused Wealth Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Focused Wealth Management founded?
Focused Wealth Management was founded in 1994. It employs 11 to 50 people.
Where is Focused Wealth Management based?
Focused Wealth Management is headquartered in Newburgh, United States, in the North America region.
How does Focused Wealth Management make money?
One revenue line is on record: fee-Based Asset Management.
Who are Focused Wealth Management's main competitors?
Direct peers on record are Mercer Advisors, Creative Planning, Buckingham Strategic Wealth, Carson Group, Edelman Financial Engines, Mariner Wealth Advisors and Sequoia Financial Group. Sanctuary Wealth is listed as an emerging player. Broad incumbents are Commonwealth Financial Network and Cetera Financial Group.
Does Focused Wealth Management have an API?
No public API is recorded for Focused Wealth Management.
What industry is Focused Wealth Management in?
Focused Wealth Management's product category is Wealth Management. Its primary akta.pro industry code is FSAAAAAF, Financial Planning & Goals-Based Advice (Mass Affluent), with a secondary code of FSAAABAD, Advisory Portfolio Management (Non-Discretionary). Its NAICS code is 523940 and its SIC code is 6282.