Bank / Wealth / Trust

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Pascack Capital

Grosso launched Pascack Capital in 2022 concurrently with the Arlington, Virginia registration, while maintaining a professional presence in Montclair, New...

Pascack Capital logo

Pascack Capital

Grosso launched Pascack Capital in 2022 concurrently with the Arlington, Virginia registration, while maintaining a professional presence in Montclair, New Jersey. The practice targets women aged 50 and older who are either single or the lead financial decision-maker in their household, a client segment that Grosso himself has stated is underserved by a financial advisory industry historically built around male relationships. His CERTIFIED FINANCIAL PLANNER® designation anchors the firm's fiduciary posture. The firm's strategy centers on three service lanes: retirement income planning, tax-aware investment management, and portfolio rationalization for clients transitioning out of workplace accumulation or carrying concentrated stock positions. No dedicated venture, private equity, or real-asset sleeves appear in the disclosed offering. Instead, Grosso emphasizes low-cost, transparent investment vehicles — an approach illustrated by a representative client engagement that replaced high-cost products and individual equities with a simplified, risk-aligned portfolio, while incorporating Qualified Charitable Distributions from IRAs to meet philanthropic goals in a tax-efficient manner. The firm conducts engagements entirely remotely, serving clients across the United States without a geographic concentration. As a solo practitioner, Grosso runs all investment and planning decisions without a disclosed investment committee or external advisory board. The firm currently publishes no headcount beyond the founder and operates no satellite offices outside Montclair. In 2019, Grosso founded the Joanne Grosso Foundation, a nonprofit using performing-arts programming to support individuals affected by cancer; this philanthropic vehicle remains legally separate from the RIA. No adjacent club memberships or co-investor networks are disclosed. Pascack Capital's structural differentiator is its solitary focus on a deliberately narrow client profile — women 50 plus — and its wholly remote, fee-only fiduciary model that removes product-sales conflicts. The firm exists as a single-advisor RIA with no disclosed succession plan, meaning its continuity rests entirely on Vincent Grosso's professional capacity. This concentrated architecture allows personalized service but concentrates key-person risk to a degree that distinguishes it from multi-advisor or multi-family-office platforms.

General information

Firm type

Bank / Wealth / Trust

Year founded

2022

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Arlington

Corporate office

Arlington, VA, United States

Additional offices

Montclair, NJ

Principals

Vincent Grosso

Founder, CFP®

Sector focus

Financial Services

Frequently asked questions

Who runs investment decisions at Pascack Capital?

Vincent Grosso, a CERTIFIED FINANCIAL PLANNER® and the firm's founder, is the sole decision-maker for all investment management and financial planning. The firm operates as a solo-advisor RIA, meaning there is no investment committee, external advisory board, or junior investment staff listed in public disclosures. Clients work directly with Grosso, who constructs and monitors portfolios.

How does Pascack Capital charge for its services?

Grosso Wealth Management operates as a fee-only registered investment advisor. Firms using the fee-only model earn no commissions from product sales, which reduces potential conflicts of interest. The firm's website does not publish a public fee schedule, so specific AUM-based fee tiers, hourly rates, or retainer minimums would need to be confirmed directly with the advisor.

What type of client does Pascack Capital primarily serve?

The firm explicitly focuses on women aged 50 and older who are approaching or in retirement and have roughly $1 million or more in investable assets. The practice prioritizes clients who are single or function as the primary financial decision-maker in their household. This narrow demographic focus is the firm's defining characteristic.

Does Pascack Capital provide tax planning and preparation?

The firm incorporates tax strategies into its retirement planning process — including analysis of tax implications of portfolio changes and the use of Qualified Charitable Distributions from IRAs — but it does not explicitly advertise in-house tax return preparation. Based on the published service descriptions, the tax work is advisory and integrated into investment management rather than a stand-alone CPA offering.

Is Pascack Capital structured as a single-family office or a wealth management firm?

Pascack Capital is a wealth management firm and registered investment advisor, not a single-family office. It serves multiple external clients under a fee-only fiduciary model. The founder maintains a separate philanthropic vehicle, the Joanne Grosso Foundation, but there is no indication that Pascack Capital manages the assets of a single family.

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