Michael R. Passante
FOCUSED WEALTH MANAGEMENT
Newburgh, NY 12550-1911
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CRD#: 5396964
Professional summary
Michael Richard Passante, CFP®, CPWA® is a registered financial advisor currently at FOCUSED WEALTH MANAGEMENT, INC. located in Newburgh, New York and OSAIC WEALTH, INC. located in Newburgh, New York.
Michael is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 2007. Michael has worked at 3 firms and has passed the Series 66, SIE, Series 7 and Series 24 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
None
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
***JCM CAPITAL MANAGEMENT POSITION: Owner NATURE: Real Estate Rentals INVESTMENT RELATED: Yes NUMBER OF HOURS: 2 SECURITIES TRADING HOURS: 0 START DATE: 01/01/2019 ADDRESS: 11 Balmville Rd, Newburgh NY 12550, United States DESCRIPTION: Real estate rental property. Manage financial aspects of business ***FOCUSED WEALTH MANAGEMENT POSITION: Director of Financial Planning NATURE: SECURITIES AMERICAS ADVISORS - INVESTMENT ADVISORY - IAR - INVESTMENT RELATED - START DATE 07/2007 - LOCATED AT11 Balmville Rd Newburgh, NY 12550 INVESTMENT RELATED: Yes NUMBER OF HOURS: 150 SECURITIES TRADING HOURS: 150 START DATE: 07/01/2007 ADDRESS: 11 Balmville Rd, Newburgh NY 12550, United States DESCRIPTION: Invest client retirement, non-retirement accounts, trusts, corporate reserve accounts ***FOCUSED WEALTH MANAGEMENT POSITION: Owner/Employee NATURE: 2)FOCUSED WEALTH MANAGEMENT INC - INSURANCE SLAES - INVESTMENT RELATED - START DATE: 11/2010 - 11 BALMVILLE RD NEWBURGH, NY 12550- TIME SPENT: 5% INVESTMENT RELATED: No NUMBER OF HOURS: 2 SECURITIES TRADING HOURS: 2 START DATE: 11/01/2010 ADDRESS: 11 Balmville Rd, Newburgh NY 12550, United States DESCRIPTION: Sell fixed annuities (sparingly) and term life insurance ***FOCUSED WEALTH MANAGEMENT POSITION: Owner/Employee NATURE: 1)INSURANCE SALES - AGNET - START DATE: 11/2008 - LOCATED AT11 BALMVILLE RD NEWBURGH, NY 12550 INVESTMENT RELATED: Yes NUMBER OF HOURS: 2 SECURITIES TRADING HOURS: 2 START DATE: 11/01/2008 ADDRESS: 11 Balmville Rd, Newburgh NY 12550, United States DESCRIPTION: Sell Term Life policies and fixed annuities where applicable
CRS (Client Relationship Summary) - RIA
Click below to view Michael Richard Passante's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
CFP®
Start date: 2011
CPWA®
Start date: 2019-01-21
Expire date: 2024-12-31
Experience
Current
January 15, 2015 - Present
FOCUSED WEALTH MANAGEMENT, INC.
Office #1: 11 Balmville Rd. Suite 2 North, Newburgh, NY 12550-1911RIA
CRD#: 154828
Newburgh, NY
Current
June 14, 2024 - Present
OSAIC WEALTH, INC.
Office #1: 11 Balmville Rd Ste 2 North, Newburgh, NY 12550RIA
BD
CRD#: 23131
NEWBURGH, NY
Past
September 21, 2007 - June 14, 2024
SECURITIES AMERICA, INC.
BD
CRD#: 10205
NEWBURGH, NY
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
FW
FOCUSED WEALTH MANAGEMENT, INC.
FOCUSED WEALTH MANAGEMENT, INC.
CRD#: 154828 / SEC#: 801-71860
RIA
Registered Investment Advisory firm - (11/5/2010 Approved)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.RR
indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
Alabama(6/14/2024)
RR
Arizona(6/14/2024)
RR
California(6/14/2024)
RR
Colorado(6/14/2024)
RR
Connecticut(6/14/2024)
RR
Delaware(6/14/2024)
RR
District of Columbia(6/14/2024)
RR
Florida(6/14/2024)
RR
Georgia(6/14/2024)
RR
Illinois(6/14/2024)
RR
Indiana(6/14/2024)
RR
Maine(9/13/2024)
RR
Maryland(6/14/2024)
RR
Massachusetts(6/14/2024)
IAR
Massachusetts(1/31/2025)
RR
Michigan(6/14/2024)
RR
Minnesota(6/14/2024)
RR
Missouri(6/14/2024)
RR
Nevada(6/14/2024)
RR
New Jersey(6/14/2024)
RR
New Mexico(6/14/2024)
IAR
New York(10/11/2021)
RR
New York(6/14/2024)
RR
North Carolina(6/14/2024)
RR
Ohio(6/14/2024)
RR
Pennsylvania(6/14/2024)
RR
South Carolina(6/14/2024)
IAR
Texas(4/27/2018)
RR
Texas(6/14/2024)
RR
Utah(6/14/2024)
RR
Virginia(6/14/2024)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
SRO Registrations
RR
FINRA
Current Firm
FW
FOCUSED WEALTH MANAGEMENT, INC.
FOCUSED WEALTH MANAGEMENT, INC.
CRD#: 154828 / SEC#: 801-71860
RIA
Registered Investment Advisory firm - (11/5/2010 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
11 Balmville Rd. Suite 2 North, Newburgh, NY 12550-1911
Mailing Address
Phone number
(845) 691-4035
Established
Firm type
Fiscal year end
# of Employees
19
SEC notice filing (25 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 5,215 |
| AUM (Assets Under Management) | $ 1,890,919,902 |
Red Flags
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Company Information
FOCUSED WEALTH MANAGEMENT, INC.
CRD#: 154828Newburgh, NY 12550-1911TRUST BUT VERIFY
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