Siminou Wealth Management expands planning services for New York business owners

By AI, Created 9:31 PM UTC, June 04, 2026, /AGP/ – Siminou Wealth Management is expanding its planning-first advisory work for business owners, entrepreneurs, high-income professionals and pre-retirees in the New York area. The firm says the service model is built to coordinate retirement income, estate planning, tax strategy and business transition decisions.

Why it matters: - Business owners and pre-retirees often need advice that connects company value, taxes, retirement income and estate planning. - Siminou Wealth Management is targeting that need with a planning-first model rather than a product-first sales approach. - The firm’s focus is on New York metropolitan area clients navigating transitions that can affect both business liquidity and personal retirement readiness.

What happened: - Siminou Wealth Management said it is continuing to expand its advisory practice in Kings Point, New York. - The independent firm was founded by Richard Siminou, MBA. - The firm serves business owners, entrepreneurs, high-income professionals and pre-retirees across the New York metropolitan area. - Richard Siminou said the firm works to align business compensation, equity, exit timing and retirement planning.

The details: - The firm’s planning services combine retirement income strategy, life insurance, estate planning coordination and tax mitigation. - Siminou Wealth Management starts with a client’s full financial picture before making investment or product recommendations. - Richard Siminou said clients often have complex finances because business and personal decisions affect one another. - Richard Siminou has more than 17 years of experience in financial services. - Richard Siminou holds an MBA and Series 7, 63 and 65 registrations. - Richard Siminou also holds Life and Annuity Insurance licensure. - Richard Siminou is registered to serve clients across multiple states. - The firm places particular emphasis on business owners approaching a liquidity event or business transition. - The firm also targets entrepreneurs balancing business and personal finances. - Pre-retirees within several years of retirement are another core group, especially those who need a structured income and withdrawal strategy. - More information is available at the company’s website or by calling (516) 647-7146. - The release also listed Richard Siminou’s LinkedIn page at his LinkedIn profile, an Instagram post at the Instagram post, and a Facebook profile at the Facebook page. - The press release said the information is for informational purposes only and does not constitute investment advice or a solicitation of any product or service.

Between the lines: - The expansion reflects demand for advice that is built around business ownership complexity, not just portfolio management. - By emphasizing liquidity events and retirement withdrawals, the firm is positioning itself where business succession and income planning overlap. - The release leans on credentials and planning scope to signal specialization in a crowded advisory market.

What’s next: - The firm appears set to keep growing its client base among New York-area business owners and near-retirees. - Clients seeking more coordinated planning can contact the firm through its website or phone number. - Richard Siminou’s multi-state registration suggests the practice may continue serving clients beyond New York as relationships expand.

The bottom line: - Siminou Wealth Management is betting that business owners and pre-retirees want one advisor to connect the dots between company value, taxes, income and retirement timing.