Business Details
50+ Years
experience
Your Trusted Financial Advisers in New York
Drucker Wealth is a third-generation financial advisory firm founded in 1959 by Bernie Drucker, continuing a legacy of comprehensive financial planning and investment management. We specialize in serving high-earning professionals and families, operating as fiduciaries committed to objective, advice-driven solutions. Our approach combines technology with personalized service to address cash flow, tax strategies, estate planning, and investment management. With over 100 years of collective team experience, we prioritize radical transparency, client education, and behavioral finance principles.Our virtual planning practice serves clients nationwide while maintaining a strong New York City presence. We emphasize controlling controllable financial variables through stress-tested plans rather than market predictions. Our team holds industry-recognized credentials including CFP, AIF, and Accredited Investment Fiduciary designations. Community involvement remains central to our values through partnerships with organizations like Folds of Honor and Society of Financial Awareness.
Services
RSU Planning
Insurance Planning
Estate Planning
Tax Management
Investment Management
Details
- Year established: 1959
Highlights and features
- We offer third-generation financial advisory expertise since 1959
- Our team holds eight professional designations including CFP and AIF
- We operate as fiduciaries with transparent fee structures
- We combine behavioral finance principles with digital planning tools
- We maintain FINRA/SIPC registered investment advisor status
What people say
Personalized approach
Expertise in RSUs
Transparent fees
Behavioral guidance
Comprehensive planning
Services
Financial Life Plan
Our comprehensive Financial Life Plan service creates personalized roadmaps for high-earning professionals. This 8-12 week process includes cash flow analysis, tax optimization strategies, and investment portfolio reviews. We develop customized plans addressing retirement readiness, education funding, and estate protection while incorporating behavioral finance principles to improve financial decision-making.
Tax Management Planning
Specialized tax planning service optimizes current and future tax liabilities for high-income earners. We analyze tax returns, develop Roth conversion strategies, and implement tax bucket analysis to minimize lifetime tax exposure. Our approach integrates with overall wealth management plans to maximize after-tax returns and preserve family wealth across generations.
Estate Planning Analysis
Comprehensive estate planning service protects client assets and legacy goals. We conduct insurance needs assessments, develop healthcare directives, and coordinate with legal professionals to implement trusts and wills. Our process ensures proper beneficiary designations and facilitates smooth wealth transfer while minimizing estate tax implications.
Investment Portfolio Review
Professional investment management service provides diversified, tax-efficient portfolios aligned with client goals. We conduct volatility tolerance assessments, analyze retirement plan allocations, and implement implementable strategies. Our approach emphasizes long-term growth while maintaining risk-appropriate asset allocations tailored to individual financial plans.
Insurance Planning Strategies
Customized insurance planning service evaluates life, disability, and long-term care needs for high-income professionals. We conduct comprehensive audits to identify coverage gaps and recommend appropriate policies. Our strategies balance protection requirements with wealth accumulation goals while integrating with overall financial plans.
People
Gideon Drucker
President, Wealth Builder Division
Third-generation financial planner and CFP professional with multiple industry awards. Leads Wealth Builder team and developed H.E.N.R.Y. Syndrome services. Holds Accredited Investment Fiduciary designation and recognized as InvestmentNews 40 Under 40 honoree.
Lance Drucker
Founder, Wealth Builder Division
Second-generation financial advisor with CLU and ChFC designations. Brings decades of experience in comprehensive financial planning. Focuses on educating clients about behavioral finance and developing long-term wealth strategies for high-income professionals.
Karina Smith
Director of Financial Planning
Certified Financial Planner with expertise in guiding clients through the financial planning process. Manages data integration and coordinates implementation strategies. Specializes in creating comprehensive financial roadmaps using digital planning tools.
Questions
What is Drucker Wealth's planning-first approach?
Our planning-first methodology creates comprehensive Financial Life Plans before investment recommendations. This 8-12 week process analyzes cash flow, tax strategies, and estate planning needs to develop personalized roadmaps aligned with client goals.
How are financial planning fees structured?
We charge a one-time flat fee based on household income: $5,000-$8,000. Ongoing investment management fees are separate and disclosed transparently in our fee structure documentation.
What technology tools do you use?
We utilize Right Capital financial planning software and integrated digital platforms. These tools enable clients to view all accounts in one place and track progress toward financial goals through interactive dashboards.
Do you work with out-of-state clients?
Yes, our virtual planning practice serves clients nationwide. Geographic location doesn't affect service quality as we deliver all planning and investment management services digitally.
What credentials does your team hold?
Our advisors hold multiple industry-recognized credentials including Certified Financial Planner (CFP), Accredited Investment Fiduciary (AIF), and Equity Compensation Associate designations.
How often do you review financial plans?
We recommend semi-annual reviews (fall and spring) with additional ad-hoc meetings available. Ongoing clients receive regular portfolio monitoring and quarterly check-ins to maintain plan relevance.
Videos
Reviews (6)
Sonia David
Jan 14, 2022
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I was so impressed with how productive my conversations have been with Autumn. I am a 30 year old professional still getting my feet under myself as a leader with higher income. Autumn was the perfect match for me. She has the heart of a teacher and really puts her clients first. If you are interested in finding a professional financial planner, Autumn Lax at Drucker Wealth Management is an excellent choice!
Leslie Boaz
Jan 06, 2022
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Positive:Professionalism,Quality,Responsiveness,Value
Drucker Wealth Management is the best firm to invest your money with!!! They are super responsive to your needs and customize your investments based on your objectives and they are wonderful to deal with!!! I truly trust their advice!!! I have no hesitation in recommending their firm to anyone looking to find a great financial planner.
Drucker Wealth Management is the best firm to invest your money with!!! They are super responsive to your needs and customize your investments based on your objectives and they are wonderful to deal with!!! I truly trust their advice!!! I have no hesitation in recommending their firm to anyone looking to find a great financial planner.
Mary Reilly
Jan 03, 2022
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My husband and I were unsure about how to optimize our savings once we got married so we started working with Drucker Wealth Management and have been very pleased with their help and guidance. Their knowledge and expertise regarding financial planning is apparent. It has been an absolute joy working with them, and we always feel like a priority as clients -- they answer our calls and emails at all hours. We are so grateful to have found Drucker Wealth Management and look forward to many more years of working with them to help us reach our financial goals.
V. Adduci
Dec 31, 2021
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Ive been a client of Drucker Wealth Management for a long time. The practice has grown over the years, but the fundamentals havent changed. Lance and team are knowledgeable, professional and always super responsive. Client relationships are important to them. For those just starting the process of investing, its a good exercise in thinking about the future and making decisions about long term expectations. Accumulating wealth is the easy part, managing the wealth so it will serve you well into the future is what DWM is about.
Amy Reichman
Dec 26, 2021
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When my spouse retired from the financial investment field, she entrusted her clients financial health (as well as our own) to her associates at DWM. Since then, I have relied on the team more and more as my spouse has become less able to oversee our finances. If you are looking for the most trustworthy, most financial savvy, truly caring advisors, then these are the people for you!
Sean Willey
Dec 17, 2021
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Gideon and his team are absolutely great people and great at what they do! They are great teachers because let's be real, most people are not educated enough on this so they take the time to explain everything. And best of all they are a family business that gives back to others. Very impressed with that aspect of their business model. They care about their clients and their community. I will admit, I am a very frugal person so the financial plan cost was something that I had to strongly consider. Not because I did not see the value in the plan itself or the staff, rather I was initially hesitant
