Commitment. Communication. Transparency.
Founded in 2003 by its Chief Executive Officer Charles Massimo, CJM Wealth Management is now one of the nation’s leading wealth management firms. Its success is directly attributable to CJM’s client Commitment, Communications and Transparency.
CJM has an unwavering commitment to serving the best interests of its clients – ultra-affluent individuals, including owners of closely-held businesses, physicians, professional athletes and families with autistic children. This mission is achieved through CJM’s holistic, integrated approach wherein warm, open communications are paramount to meeting clients’ goals of wealth preservation and asset optimization.
The CJM approach relies on a proven, structured investment model based on the rigorous financial science of Nobel Prize-winning economists, Eugene Fama and Kenneth French. It is backed by sound methods of discovery, portfolio architecture, tilted indexing, monitoring and adjusting. It incorporates effective tax management and estate planning strategies delivered by CJM’s network of highly-qualified accounting, legal, business valuation and insurance professionals.
With its distinct, non-Wall Street client focus, open communications and transparency, CJM stands by the performance of the estimated $360 million in assets under its management; client portfolios, retirement plans (401(k)/403(b) and pensions), and captive insurance programs – all of which achieve client objectives at the lowest, fully-disclosed fees.
Delivering value through open, trusting and performance-based relationships is the hallmark of the CJM brand.
For a premier wealth management service delivered with open communications, transparency and commitment, contact: CJM Wealth at: 631.777.1030 or email: Diane@CJMWealth.com
Charles Massimo — CEO
CJM Wealth Management is led by its founder and CEO Charles Massimo. Mr. Massimo began his career in 1984 at Shearson Lehman Brothers as a Compliance Officer. He later joined New York Life Insurance Company as a Senior Representative, and then became a Financial Consultant in Merrill Lynch’s Private Client Group. In 1999, he joined Smith Barney as Vice President of Investments. While on Wall Street, however, he became disillusioned at how little emphasis was placed on getting to know clients and putting their best interests first. Despite high earnings – largely on technology stock trades – he, like many others, saw his clients’ portfolio values plunge as the bottom of the high flying dot.com era fell out. He lost his entire life savings at the same time as he and his wife welcomed new born triplets. Then came 9/11 and further chaos.
In 2003, Mr. Massimo made a life-changing decision to start his own firm. He began practicing not as a broker, but instead as a trusted financial advisor, whose clients’ financial well-being would be his top priority. Today, the commitment and passion he brought to his new firm live on. He follows sound principles of wealth building and preservation and adheres to a proven investment model which has outperformed the S&P 500 98.7% of the time in any 25-year period since 1927. Having stepped away from the herd of bulls and bears, he has continued to leverage foresight and independence, becoming one of an elite 1% of the nation’s 250,000 financial advisors using the historically-proven Fama-French Three Factor Investment Model.
Mr. Massimo’s performance, integrity and vision have consistently landed him and CJM on prominent lists of the nation’s leading wealth managers and wealth management firms. This recognition includes such honors as: America’s Select Financial Advisors, Long Island Premier Advisor by the National Association of Board Certified Advisory Practices (NABCAP), Reuters Top Advisor, Nominated to Worth Magazine’s Top Wealth Advisors. In 2015, he received the prestigious “Outstanding CEO Award” from Long Island Business News. He earned his Bachelor of Science from Manhattanville College.
A best-selling author of, Getting Off The Street – Sane Investment Advice from One of the Nation’s Leading Wealth Managers, Massimo is a nationally-recognized industry expert. He is frequently sought after for his insights at national conferences and by leading media such as the Wall Street Journal, New York Times, Newsday, Business Week, CBS News, NBC News, Fox News, CNBC.com, Worth Magazine and Crain’s New York Business, among many others.
Mr. Massimo is actively involved in several nonprofit organizations related to autism, including Life’s WORC and Pal-O-Mine Equestrian, for which he is a member of the Executive Advisory Board. In 2015, he formed his own 501(c)(3) foundation, Long Island Autism Communities. Its mission is to develop communities throughout Long Island where adults with autism can live independently in a self-directed life of opportunities that promote a happy, fulfilled and purposeful life. Additionally, he is an advisor to the Energeia Partnership, a leadership academy dedicated to identifying and addressing Long Island’s multi-dimensional and complex challenges.
Peter Anastasian — Managing Director
In 2006, Peter Anastasian joined CJM Wealth Management as Managing Director. Mr. Anastasian brings to the role shared values with CJM CEO Charles Massimo and a similar career path. He began his career at a boutique Park Avenue investment firm. He then joined Smith Barney as a Financial Planning Specialist. In 2004, he too decided that the Wall Street culture, which emphasizes the investment banks’ interests over client interests, was not for him. He became an independent Financial Advisor focusing on his clients’ needs as his top priority. He then joined CJM Wealth Management where he continues to be a major contributor to the firm’s growth and development.
Mr. Anastasian specializes in wealth management, asset protection and tax minimization strategies for ultra-affluent families and closely-held businesses. He is widely-recognized for his expertise in subjects ranging from asset protection, risk management and business succession planning, to 401(k)/403(b) retirement plans. He advises business owners and retirement plan fiduciaries on how to optimize their retirement plans while significantly reducing their exposures, including personal liabilities stemming from the new 408(b)2 regulations. His financial and business acumen and industry leadership recently earned him recognition among Long Island Business News’ “Ones to Watch in Banking and Finance.” He holds a Bachelor of Science from Pace University.
Steven C. Berenson — Director/Business Development
Steve has over 36 years of experience building multiple business enterprises, both retail and manufacturing, managing business capital requirements, capitalizing global supply chain management as well as experience in mergers & acquisitions. His vision has been informed by his experience working with some of the best business minds in New York and American business history.
He began his career in the late 1960’s working with his father, Mel Berenson, in the garment industry. In the 1960’s & 70”s the garment center of New York was the epicenter of the fashion world.
In the late 70’s Steve began working with his future family who founded Gracious Home, a prestigious New York hardware retailer founded by David Weck and Natan Wekselbaum. As a result of serving the distinguished and diverse population residing on the Upper East Side of Manhattan, Gracious Home became one of the most successful retailers in New York City and is recognized globally as the very best in its class. Gracious Home remains admired by legendary retailers such as Pat Farrah, Arthur Blank and Bernie Marcus, founders of Home Depot.
In the late 80’s Steve and his family began manufacturing and distributing on a national level the well known OOK Picture Hanging Hardware brand. Originally introduced to New Yorkers in 1965 at Gracious Home, the OOK brand became widely successful in the tristate area that the decision was made to make it available nationwide. OOK went on to become the number one brand in the hardware category. In 2012 the company was sold to The Hillman Company, a 50 year old hardware conglomerate.
Steve Berenson is co-Founder of Berenson Partners. Berenson Partners was originally dedicated to working with companies of all sizes to engineer their businesses into positions of leadership via strategic business/brand development, creative advertising, marketing and “total supply chain capitalization”. Serving industries such as mobile/tech, e-commerce, consumer products brands, retail, sports & entertainment, financial services, human resources and publishing, Berenson Partners applies its business/branding process to their client’s business. Clients include The Home Depot, Dick’s Sporting Goods, CJM Wealth, iProfessional, Wal-Mart, Amazon.com, Epiphone, Rolling Stone and more.
In 2015 Steve joined CJM Wealth in an advisory role and in 2016 converted Berenson Partners into a fully dedicated role at CJM Wealth. The discovery of the Fama-French 3/5 Factor Model investment philosophy that CJM Wealth provides for their clients and the fact that it is still widely unknown in the broad markets had a profound impact on Steve. Steve is dedicated to bringing this most modern and prudent investment management philosophy and methodology to the broad markets.
Steve’s Non-Profit activities has included support for the Long Island Community For Autism, City of Hope, International Rhett Syndrome Foundation, Habitat for Humanity, The American Red Cross, Greater Miami Jewish Federation, Israel Bonds, Kosher Food Bank, Friends of the IDF, University Hillel’s, American Cancer Society, March of the Living, American Heart Association, Chai Lifeline, South Florida Ride for Education, MAR-JCC Jewish Cultural Arts Theater (J-CAT), Simon Wiesenthal Center, The National Holocaust Museum and Aish Hatorah.
“In his acclaimed first book, Getting Off The Street – Sane Investment Advice from One of the Nation’s Leading Wealth Managers, Charlie Massimo shows us how to cut through the clutter and focus on the key ingredients of investment success.”Weston Wellington