Gary J. McDonagh, AIF®, MBA
238 Monroe Turnpike
Monroe, Ct. 06468
Managing Partner, Wealth Manager
Gary McDonagh’s work background includes more than 20 years of experience in corporate financial planning at three Fortune 100 companies, in addition to his experience in financial planning and investment management. His work as a Managing Partner at Innovative Wealth Managers provides him with the opportunity to work directly with clients, helping them reach their financial goals as well as prepare for a successful retirement. He focuses on retirement planning that will help clients accumulate investment assets, strategically increase their income in retirement, provide investment strategies designed to prevent them from not outliving their money, and achieve the retirement they deserve.
Meeting people, hearing their stories and their dreams, and helping them with their financial lives is what Gary enjoys most about his work. As an advisor, he’s able to combine his life-long interest in investments and finance with his deep desire to serve others. Friendly and easy to talk to, Gary builds close relationships with the people he serves and constantly has their best interest in mind. He takes pride in being accessible so questions and concerns can be addressed as they arise. This means providing extra explanations of changes occurring in the markets, helping people avoid costly mistakes, or being a calming influence by offering perspective and objective insights and information.
Growing up in Bay Ridge Brooklyn, where he played baseball, basketball and other sports both on organized teams and casually, Gary learned teamwork and leadership. His attendance at Brooklyn Tech, a large high school a subway ride from home, challenged him to think out-of- the-box and develop the ability to really get to know people, identify what’s important to them, and find a common ground.
Gary holds the Accredited Investment Fiduciary designation (AIF®), and has a Master’s Degree in Financial Management (MBA) from Fordham University. He is a member of the International Association of Financial Planners. Gary has been selected as a Five Star wealth Manager* for nine consecutive years as announced in the Connecticut Magazine and Wall Street Journal. Gary has had the past honor of being the financial representative on the White House Panel Discussion on Aging.
Gary and his wife, Paula, an accomplished photographer live in Monroe, CT, where they enjoy the trail and park system, dining out, and travel. Their daughter, Alyssa, is a Veterinarian and practices in Massachusetts. Sports remain an important part of Gary’s life; he jogs regularly and is currently working on becoming a passable golfer.
*Based on 10 objective eligibility and evaluation criteria, including a minimum of 5 years as an active credentialed financial professional, favorable regulatory and complaint history, accepts new clients, client retention rates, client assets administered, education, and professional designations. 3,048 Connecticut-area wealth managers were considered for the award; 285 (9% of candidates) were named 2020 Five Star Wealth Managers. (The criteria provided reflects the most recent year for which advisor received the award. The criteria used, the number of wealth managers considered for the award, and the percentage of those who receive the award, may vary from year to year). These awards are not indicative of the wealth managers' future performance. Your experiences may vary. For more information, please visit www.fivestarprofessional.com.