Top 18 Best Wealth Management Services in New York

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Wealth Management Services in Westchester

1. Barnum Financial Group (Traditional)
Elmsford, NY

Daniel Jacobius is the founder at Barnum Financial Group, and has helped clients build wealth and financial security for his clients for more than 30 years. The firm services offered include investments, retirement planning, risk management, reduction strategies, estate conservation strategies, and employee & executive benefits. The firm also provides a knowledge database where clients can educate themselves on the foundations of wealth management, and a boutique team of financial planners so that clients (and their wealth) are never overlooked.

2. J Matrik Wealth Management (Traditional)
Elmsford, NY

J Matrik Wealth Management is likey to help business owners or individuals primarily for retirement planning. Clients with goals of recalibrating their spending to meet long-term goals, researching or investing in insurance, and solidifying estate planning documents are most likely to thrive at this firm. Additional services outside of retirement planning include asset allocation, distribution planning, and brokering disability insurance. 

3. Lavin & Associates (Boutique)
White Plains, NY

Lavin & Associates is not like your other Westchester wealth management services. This firm is digital-first, with a Cloud service that allows clients to upload and store their documents digitally from home. This firm may also be compatible with first-time investors or individuals with not so high net-worth, since investment management fees are paid in packages over time, not in one lump sum. Services include individual tax preparation, bookkeeping and accounting, and special consulting services that can be prepared in custom packages. 

4. Sternbach & Rose, CPAs (Traditional)
Valhalla, NY

This particular firm is focused on wealth management services for businesses. Services offered for individuals range from tax planning to foreign reporting; services offered for businesses include sales tax, tax resolution, Quickbook training, general business advisory, payroll processing, and financial reporting. This firm also releases tax news on a regular basis, focusing its newsletter content on tax law, data breaches, and research relevant to business strategy.

Wealth Management Services in New York City – Manhattan

5. Earn Into Wealth (Boutique)
Bryant Park

This Manhattan-based wealth management services firm is a contemporary brand positioned as a wealth-builder for pre-retirement investors and those that are in their prime earning years. Particularly, this firm seeks out under-served minorities in the financial arena. Services offered include budgeting, equity and stock compensation, debt management, and career choices consulting. There is a single flat fee for services.

6. Stash Wealth (Boutique)
Financial District

At first look, Stash Wealth appears more like a YouTube channel than a private wealth management company. This firm offers doorbuster video courses on topics like lifestyle evaluation and investing for beginners. Other services include financial services for both individuals and couples, and more formal investment relationships with a portfolio manager. As Stash Wealth writes, consulting money and tax professionals is “like having a personal trainer.” A no brainer.

7. The Financial Gym (Startup)
Flatiron

Financial planning is no longer being gatekept by the Morgan Stanleys of the world. Firms like The Financial Gym have disrupted the wealth management services industry, offering services to their clients, not continuing to sell a product. For those interested in female-led investment strategies and investment advisory in social justice venture, this is exactly the place for that preference. 

8. Altfest (Traditional)
Midtown

Consistently named to awards like Barron’s Hall of Fame and Forbes Next-Generation Wealth Advisors, this firm’s reputation precedes it. It’s a glossy firm that prides itself on press coverage in places like The Wall Street Journal and CNBC. The primary service offered is active management of investment accounts, but other services include investment review and education planning. 

Wealth Management Services in New York City – Brooklyn

9. Brunch & Budget (Boutique)
Williamsburg 

Although not a wealth management service in the traditional sense, this well-regarded firm is just as effective in an advisory position. Those seeking out something more akin to talk therapy for financial planning are most likely to feel satisfied after booking a consultation slot here. This firm is focused on empowering, accepting, and celebrating its clients’ success in the pursuit of financial freedom. The coaching program is offered in two packages, and fees are structured by income level, so that anyone can seek products and services to ensure their financial future. 

10. Brooklyn Plans (Startup)
DUMBO

This firm specializes in serving a younger clientele and includes generational-adjacent services like managing student loan debt, budgeting to start a family, saving for a new business, and even vacation planning. Of course, the firm offers more traditional wealth management services like retirement planning and investment planning. Because this firm takes online meetings, the wealth management services are available in New York, but also across the country.  

11. Brooklyn Fi (Boutique)
Williamsburg

Transparency is one of the values Brooklyn Fi lives by, which means everything from their wealth management services to their fees are available online – an unusual move for an investment management firm. Annual fees start at $3,700 and can range beyond $11,000 for a full stack of services. Although the brand appears more geared toward the average Millenial, don’t be fooled – this firm prefers to deal with high net-worth New Yorkers from tech backgrounds, and their new client intake is limited. 

12. OG Tax & Accounting Group (Traditional)
Park Slope

Available in all five boroughs, this firm offers business and individual financial services. What you see if what you get here, and that’s simplicity. Something some clients might find refreshing after weeding through other wealth management websites with more bells and whistles. Services offered include tax prep, consulting, and bookkeeping.

Wealth Management Services in Long Island

13. Long Island Financial Management Services (Traditional)
Wantagh, NY

This firm is exclusively dedicated to business accounts, but open to a range of clients including small businesses, entrepreneurs, not-for-profits, large corporations, and government entities. The team even offers outsourced training for larger clients. This is the place to go for larger projects, or for outsourced talent.

14. Kuttin Wealth Management (Boutique)
Hauppauge, NY

Kuttin Wealth Management is a hands-on firm that takes your money seriously – and personally. Every service includes progress meetings where the client is walked through investment and saving goals, whether in-person or virtually. The investment consultations include not only best practice advice, but ongoing strategies and education that clients can implement themselves over time and with practice. The firm’s website also includes a guide for the consulting process on what to expect and how to know when you’re ready to seeking financial advice.

15. Landmark Wealth Management (Traditional)
Hauppauge, NY

This firm is another “fee-only” wealth management services provider, which means that they don’t make money from commission, and have no personal interest excessively profiting off of a client’s investments and risk tolerance. Landmark Wealth Management does not offer additional services outside of active management, but does offer several methods of managing, including taking lead of an investment account after the passing of a spouse, or managing a portfolio for a client with little free time.

Wealth Management Services in Hudson Valley

16. Focused Wealth Management (Boutique)
Highland, NY

This firm provides monthly market commentary, which is a complimentary perk that other analysts typically charge a small fee to provide. Services offered here only include investment management, and the level of service is competitive. Clients are assigned an attorney and CPA, given a direct hotline to a portfolio manager, delivered daily market reports, and more. The team is made up of experienced analysts, of which the firm leverages for its brand and reputation.

17. Beyond Wealth Management
New Paltz, NY

Financial planning and documents and calculators are immediately available on this firm’s website to self-evaluate a client’s current financial situation without waiting on the line for someone to pick up the phone and enter that personal information. The firm covers wealth management, retirement planning, and financial planning. 

18. Murphy Wealth
Fishkill, NY

This wealth management group thinks of everything, including the unusual service of after-life planning in addition to traditional services like retirement and tax planning. This service helps clients prepare for the loss of a spouse and its financial consequences, good or bad.