Business Details
17 Years
experience
Your Trusted Partner for Financial Planning in New Providence, NJ
Falbo Wealth Management is an independent wealth services firm dedicated to providing personalized financial planning solutions. Since 2009, we have specialized in helping retirees and pre-retirees create tailored strategies for each stage of their lives. Our approach prioritizes clarity, insight, and partnership, focusing on aligning financial resources with individual life goals. With over 25 years of combined experience, our team emphasizes education, behavioral advice, and comprehensive planning processes. We offer fee-based services that address retirement planning, investment management, tax strategies, and estate planning.Our streamlined process includes an introductory call, educational sessions, and in-person meetings to develop actionable financial blueprints. We collaborate closely with clients to ensure their plans adapt to life transitions and market changes. Our commitment to transparency ensures all fees are discussed upfront, and our focus remains on client needs rather than product sales. We serve clients across multiple states, prioritizing long-term relationships built on trust and expertise.
Services
Retirement Planning
Investment Management
Education Planning
Tax Planning
Estate Planning
Debt Management
Insurance Review
Asset Allocation
Cash Reserves
Legacy Building
Details
- Year established: 2009
Highlights and features
- We offer 25+ years of experience in personalized financial planning.
- Our fee-based model prioritizes client needs over product sales.
- We provide comprehensive education to empower informed decisions.
- Our process includes actionable financial blueprints tailored to life stages.
- We maintain partnerships with LPL Financial for robust resources.
Associations and certifications
- InFRE
Services
Retirement Planning
Our retirement planning service helps clients define financial goals for post-career life. We analyze current assets, risk tolerance, and lifestyle aspirations to create actionable plans. The process includes probability analysis, cash flow projections, and adjustments for market changes, ensuring clients maintain financial independence throughout retirement.
Investment Management
We optimize investment portfolios to align with individual risk profiles and financial objectives. Our approach includes asset allocation reviews, diversification strategies, and ongoing monitoring. By focusing on long-term growth and stability, we help clients build and preserve wealth while minimizing unnecessary risks through regular portfolio adjustments.
Estate Planning
Our estate planning service ensures clients' wishes are legally documented and executed. We coordinate with attorneys to create wills, trusts, and power of attorney arrangements. The process addresses tax implications, asset protection, and beneficiary designations, providing peace of mind that loved ones are protected according to clients' intentions.
Tax Planning
We develop tax-efficient strategies to minimize liabilities while maximizing savings. Our approach includes analyzing income streams, deductions, and retirement account distributions. By coordinating with accountants, we implement year-round tax management techniques that align with overall financial goals and adapt to changing regulations.
Education Planning
This service focuses on preparing families for education expenses through strategic savings plans. We evaluate financial aid implications, recommend 529 plans or custodial accounts, and create timelines for contributions. Our goal is to balance education funding with retirement priorities while maintaining overall financial stability.
People
Joseph Falbo
President & CEO
Certified Financial Planner with 25+ years of experience. Founder of Falbo Wealth Management in 2009 after 15 years at major financial institutions. Specializes in retirement transition strategies and behavioral finance coaching.
Michael Anicito
Client Services Manager
CERTIFIED FINANCIAL PLANNER with 20+ years in financial services. Collaborates with Joseph Falbo on client strategies. Formerly founded Inspire Investment Solutions, LLC. Focuses on maximizing client financial confidence through comprehensive planning.
Lori Force
Client Service Associate
Client service professional with over 12 years at Falbo Wealth Management. Also works at a CPA firm. Provides administrative support and client communication, ensuring smooth implementation of financial plans.
Cindy Osborne
Client Service Associate
LPL Financial employee supporting Falbo Wealth Management since 2022. 14-year veteran of Northwestern Mutual with expertise in client relations and financial planning implementation. Active in community animal welfare initiatives.
Mary Heitzman
Plan Manager
Certified Financial Planner supporting financial plan development at LPL Financial. 5+ years in financial services with expertise in data analysis and strategy formulation. Provides technical support for complex client scenarios.
Questions
What services does Falbo Wealth Management offer?
We provide retirement planning, investment management, tax strategies, estate planning, and education planning tailored to individual financial goals.
How does your financial planning process work?
Our process includes an introductory call, educational sessions, three in-person meetings, and ongoing support to implement and adjust your financial blueprint.
Are your services fee-based?
Yes, we operate on a transparent fee-based model with all costs discussed upfront before any client agreements are signed.
Do you serve clients outside New Jersey?
We serve clients in AZ, CA, CT, DE, FL, ME, NC, NJ, NY, PA, SC, TX, and VA through our LPL Financial affiliation.
How do you handle investment management?
We analyze risk tolerance and goals to create diversified portfolios, regularly monitoring and adjusting allocations to maintain alignment with financial objectives.
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