Focused Wealth Management, Inc. fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 23, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$150/hr

“If the client elects to proceed with a written or oral plan and selects an hourly fee, the representative of record will inform the client of the estimated hours it will take to complete the service at a rate not to exceed $150 per hour.”

Flat or project fee

$100⁠-⁠$1,000

“FWM charges a fixed fee for comprehensive financial planning services that will range from $100 to $1,000 per plan depending upon the complexity of the client's financial situation and the actual services to be provided.”

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How Focused Wealth Management, Inc. bills

Payment and refund terms, quoted from the fee section of the brochure.

• “Fees for fee-based accounts are calculated by Osaic and charged monthly in arrears based on the month end value of the assets and are automatically deducted from the client's account, as authorized by the client in writing.”
• “Assets in excess of $10,000 deposited into or withdrawn from the account can be charged or refunded a prorated portion of the management fee based on the number of days during the billing period that assets were held in the account.”
• “Fees are charged monthly in arrears based on the month end value and are automatically deducted from the client's account, as authorized by the client in writing.”

How Focused Wealth Management, Inc.’s fees compare

• Its hourly rate of $150 is below the New York median of $300. 3% of the 301 other New York planners that publish an hourly rate charge less.
• Its flat or project fee of $100-$1,000 is below the New York median of $4,500. 3% of the 251 other New York planners that publish a flat or project fee charge less.

About Focused Wealth Management, Inc.

• Firm size: 19 employees.
• Registered as an adviser: 2010 (16 years).

Planning areas mentioned in the brochure

• Retirement planning

Firm details from Form ADV

How the firm is paid

Hourly fees, fixed or flat fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

2% a year

Clients

2,163

Employees

19

Works with

Individuals, high net worth individuals, pension and profit sharing plans, charities, state and local governments, and businesses

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, portfolio management for businesses and institutions, pension consulting, and selecting other advisers

Assets managed

$2,268,833,800

Registered with

U.S. Securities and Exchange Commission

Disciplinary disclosures

None reported

SEC CRD number

154828

Website

twitter.com/focusedwm_ria (opens in new tab)

Phone

(845) 691-4035

Can advise clients in 25 states: Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Massachusetts, Maryland, Minnesota, Missouri, North Carolina, Nebraska, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington

Other planners in New York that publish fees

• 4Thought Financial Group Inc.Syosset$200/hr, $100/mo
• Abaya Wealth Management LLCBuffalo$2,000⁠-⁠$5,000
• Abby Advisors LLCDobbs Ferry$250/hr, $500
• Abernathy Group II LLCNew York$750/hr, $1,000/yr
• About Time Financial PlanningRochester$1,000⁠-⁠$2,000, $700⁠-⁠$3,200/qtr
• Acacia Grove Wealth ManagementSchenectady$300/hr

Compare all 705 planners in New York