The Belief That Giving Back Should Be a Priority.

Nicholas Palumbo

Founder and CEO

Direct Tel: (914) 603-8311

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Boasting a career spanning close to 4 decades, Nicholas Palumbo brings a passion to financial strategies and helping clients build wealth that burns brighter than ever. A thought leader, speaker, business consultant, life coach and best-selling author, he has been recognized by the industry and his peers for a career blending innovation and best practices.


After graduating with a degree in finance and economics from Adelphi University in 1983, Nick began his career with Northwestern Mutual Life. He later served as a President of the Executive Committee for The Guardian Life Insurance Company of America® and was also  named a Five Star Wealth Manager from 2012-2019 by providing the highest quality services to his clients. The award evaluation process looks at criteria such as favorable regulatory and complaint history review, client retention rate and number of client households served.


A 28 year member of the Million Dollar Round Table (MDRT), The Premier Association of Financial Professionals®, Nick has distinguished himself by adhering to a strict Code of Ethics, focusing on providing top-notch client service and continuing to grow professionally. MDRT membership is internationally recognized as the standard of excellence in the life insurance and financial services industry. Nick has been acknowledged as a Top of the Table Honoree and has continued to show excellence among his peers. Receiving a total of 21 Court of the Table Honors and 13 Top of the Table Honors, his status is Qualifying and Life Membership with Top of the Table achievement. Trained in LEAP (Lifetime Economic Acceleration Planning), he has coached literally hundreds of financial advisors to success, and authored the best seller, “You Have Infinite Power”.


Nick founded Preferred Planning Associates in 1991 and through mergers and acquisitions he became a managing partner of Opus Advisory Group from 1995-2015. Today, Truvium speaks to his continued commitment to excellence in the profession and a determination to bring a still higher level of client-centric focus to enable individual and corporate clients to achieve their financial goals with personal freedom to live the lives they envision. He co-founded Empowered Mastery Consultants in 2007 to bring a holistic coaching component to the world of personal finance.


All consistent with a life focused on viewing the task of helping clients achieve their goals through a uniquely human lens that makes giving back a priority. Involvement in numerous foundations and the Chairmanship of the Board of Children’s Health and Research Foundation attests to a man that lives this ideal.


Personal time is family time with his wife and children, with special interests in reading, sports, movies, golf, amazing family dinners, and finding time along the way to earn a 2nd Degree Black Belt in Tae Kwon Do and currently training in Krav Maga. A dedicated man of faith, his desire is to leave a positive imprint on the hearts and minds of those he loves and clients he serves.