Buffalo First Wealth Management, LLC logo

Buffalo First Wealth Management, LLC

Updated today

Client assets under management

$79,818,321

Clients

445

4% high-net worth

Advisors

4

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

111

Very High

Average account size

$179,367

About

Buffalo First Wealth Management provides discretionary portfolio management, financial planning, and consulting to a mix of individuals (including high-net-worth clients), investment companies, pension and profit-sharing plans, endowments, insurance companies, and foundations. The firm prepares client-specific Investment Policy Statements and has no formal account minimum, delivering quarterly account reporting to clients.

The firm’s investment process combines multiple methods of analysis — charting, fundamental and technical analysis, quantitative models, and modern portfolio theory — and implements a range of strategies from long-term investing to short-term trading, short sales, margin transactions, and options. BFWM documents risk considerations for these strategies and routinely monitors portfolios against each client’s stated time horizon and risk tolerance.

Notably, the firm’s principals maintain an affiliated insurance agency and are licensed to sell insurance products and act as registered representatives, a relationship the brochure discloses as a potential conflict because it can involve commissionable products; the firm also lists insurance companies among its clients, which is less common for peer firms. The brochure also highlights the firm’s consulting work for pension plans and endowments and notes principals’ involvement in community and volunteer activities.

Client services

Financial planning Portfolio management Pension consulting Newsletters or periodicals Educational seminars or workshops

Expertise

Options & derivatives strategies Active portfolio management Retirement plans for business owners (SEP, solo 401k) Annuities

Fee options

Fixed

Fixed fees between $1,000 and $10,000 for pension consulting; Fixed fees between $1,000 and $15,000 for financial planning, negotiable

Percentage

$0 - $249,999: 1.25% $250,000 - $499,999: 1.10% $500,000 - $749,999: 1.00% $750,000 - $999,999: 0.90% $1,000,000 - $2,999,999: 0.85% $3,000,000 - $29,999,999: 0.75% $30,000,000 - $49,999,999: 0.50% $50,000,000 - $500,000,000: 0.30%

Project-based

Hourly fees between $200 and $400 for pension consulting; hourly fees between $150 and $350 for financial planning, negotiable

Other

Fee-only: Fixed fees between $1,000 and $10,000 for pension consulting; Fixed fees between $1,000 and $15,000 for financial planning, negotiable

Main office location

Buffalo First Wealth Management, LLC

7606 Transit Rd, Suite 100

Williamsville NY 14221, United States

Number of offices

1

Most active in

Florida · New York · North Carolina

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Juliana J

Series 65

Williamsville, NY

Buffalo First Wealth Management, LLC

Juliana Janson is a financial advisor at Buffalo First Wealth Management, LLC with three years of industry experience. She holds the Series 65 designation and has worked at Buffalo First Wealth Management since 2021. Prior to this, she held positions at Trocaire College, Buffalo Niagara Partnership, and Goodwill of WNY. Buffalo First Wealth Management provides discretionary portfolio management, financial planning, and consulting services to individuals, high-net-worth clients, pension and profit-sharing plans, endowments, foundations, investment companies, and insurance company clients. The firm employs a range of analytical approaches and investment strategies, regularly reviews accounts, and documents client goals in an Investment Policy Statement.

Options & derivatives strategies Active portfolio management Retirement plans for business owners (SEP, solo 401k) Annuities
user avatar

Allen D

Series 63, Series 65

Williamsville, NY

Buffalo First Wealth Management, LLC

Allen Dembski is a financial advisor with Buffalo First Wealth Management, LLC, holding Series 63 and Series 65 licenses and having four years of industry experience. He has been with Buffalo First Wealth Management since 2014 and is also involved as an assistant hockey coach at Canisius High School and as a facilitator for the Pro Net Amherst Chamber of Commerce. Buffalo First Wealth Management provides discretionary portfolio management, financial planning, and consulting services to individuals, high-net-worth clients, pension and profit-sharing plans, endowments, foundations, investment companies, and insurance company clients. The firm employs a variety of analytical approaches and investment strategies, regularly reviews accounts, and documents client goals and risk tolerance in an Investment Policy Statement.

Options & derivatives strategies Active portfolio management Retirement plans for business owners (SEP, solo 401k) Annuities
user avatar

Jeffrey H

Series 63, Series 65

Williamsville, NY

Buffalo First Wealth Management, LLC

Jeffrey Husarek is a financial advisor with Buffalo First Wealth Management, LLC, holding Series 63 and Series 65 licenses and three years of industry experience. Prior to joining Buffalo First Wealth Management in 2021, he worked at Equitable Advisors and Alliance Advisors in 2020, and spent 17 years at Combined Insurance. Buffalo First Wealth Management provides discretionary portfolio management, financial planning, and ongoing consulting for a diverse client base including individuals, high-net-worth clients, pension and profit-sharing plans, endowments, foundations, investment companies, and insurance company clients. The firm employs a variety of analytical approaches and investment strategies while documenting client goals and risk tolerance in an Investment Policy Statement.

Options & derivatives strategies Active portfolio management Retirement plans for business owners (SEP, solo 401k) Annuities
user avatar

Kevin C

Series 66

Williamsville, NY

Buffalo First Wealth Management, LLC

Kevin Connolly is a financial advisor with Buffalo First Wealth Management, LLC, holding a Series 66 designation and 8 years of industry experience. He has been associated with Buffalo First Advisory Services and Buffalo First Wealth Management since 2013. In addition to his advisory role, Connolly serves as a trustee at Medaille College, participating in strategic planning and several committees. Buffalo First Wealth Management provides discretionary portfolio management, financial planning, and consulting services to individuals, high-net-worth clients, pension and profit-sharing plans, endowments, foundations, investment companies, and insurance company clients. The firm employs a variety of analytical approaches and investment strategies, regularly reviews accounts, and emphasizes documented client goals and risk tolerance in its investment process.

Options & derivatives strategies Active portfolio management Retirement plans for business owners (SEP, solo 401k) Annuities
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