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PROFESSIONAL PROFILE

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Thomas Pallogudis

Wealth Management Advisor
TJP Wealth Solutions
Park Avenue Securities
580 White Plains Rd Ste 205
Tarrytown, NY 10591
Office: 914-460-1220
Cell: 914-582-9844
thomas.pallogudis@tjpwealthsolutions.com
www.tjpwealthsolutions.com

Professional Approach

TJP Wealth Solutions is committed to providing proactive service to all of our clients.  In order to accomplish this, every team member strives to be your partner in helping you achieve your financial goals.  Below, we outline how we make sure you receive the support and help you need to move closer to your vision for the future. 

Ongoing Support

  • Help provide more confidence in financial matters, focusing on goals, priorities and direction
  • Communicate frequently to establish your financial goals and a chart a timeline for accomplishments
  • Provide positive encouragement and motivation for effort and success
  • Help you understand the various aspects of the financial decision making process
  • Advise you through reactive or emotional decisions which would negatively impact your financial situation
  • Work to resolve problems quickly so you have an excellent experience
  • Provide friendly and knowledgeable support staff to comprehensively support your needs and questions
  • Support you through expected and unexpected changes in your life

Financial Education

  • Provide financial and investment information with a comprehensive approach that is easy to understand
  • Help you evaluate the economic news to determine what you should and shouldn’t be concerned about
  • Keep you up to date with product, service and strategy changes and improvements
  • Send quarterly newsletters to keep you informed about changes in our firm and the economy at large
  • Host seminars and events to provide up to date information on key financial planning topics

Wealth Planning

  • Provide a comprehensive wealth plan to align your current actions with future goals
  • Calculate your current and projected net worth to establish a foundation for planning
  • Help manage cash flow, income and spending, now and in the future, in line with your planning goals
  • Analyze debt structure and organization, as well as lending opportunities
  • Evaluate your existing insurance coverage and plan comprehensively for additional protection needs
  • Aid with real estate planning and evaluate mortgage financing
  • Offer budgeting tools and consolidated account access to help keep you informed about your finances

 

Retirement Planning

  • Provide education on the structure and regulations concerning various retirement planning options
  • Analyze your current and future income needs to drive investment decision making
  • Develop recommendations to fund your income needs to help maintain a comfortable life
  • Recommend the best distribution strategy for your employer retirement plans and IRAs
  • Optimize strategies for Social Security payment options

Investment Advice and Management

  • Evaluate your tolerance for risk and loss to design appropriate investment strategies
  • Design and maintain a personalized investment solutions and a portfolio appropriate to your needs
  • Hold regular review meetings to ensure you are on track to meet your goals
  • Provide ongoing due diligence and monitoring of investments
  • Discuss and present alternative investment solutions for proper portfolio diversification
  • Manage and consolidate investment paperwork
  • Be available for touch base conversations to answer questions and address your evolving needs

Tax Planning

  • Comprehensively review your tax situation to highlight opportunities for optimal tax positioning
  • Incorporate tax law changes and projections into your planning and investment strategies
  • Consult with your tax preparer to make sure all finances and solutions are aligned

Estate Planning

  • Review your current estate plan, wills, trusts and powers of attorney for concerns and necessary changes
  • Assist in asset transfer strategies and beneficiary review
  • Organize meetings with your family to review your financial and estate situations
  • Provide guidance with the appropriate and necessary steps in the event of the death of a loved one
  • Assess philanthropic giving solutions through understanding your family goals and charitable values
  • Consult with your estate planner to make sure all solutions are aligned

Additional Offerings

  • Provide referrals to other professionals who can help address all elements of your total financial picture
  • Review education planning and funding strategies to include UTMA’s, education IRAs and 529 plans
  • Find solutions for executive compensation investments such as restricted or concentrated stock holdings
  • Offer small business operational advice to include tax planning, acquisition review and valuation
  • Analyze and implement solutions for employee benefits administration for your small business
See Accomplishments
This award was issued on 07/01/2025 by Five Star Professional (FSP) for the time period 09/18/2024 through 02/28/2025. Fee paid for use of marketing materials. Self-completed questionnaire was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria. 949 Westchester-area wealth managers were considered for the award; 80 (8 % of candidates) were named 2025 Five Star Wealth Managers. The following prior year statistics use this format: YEAR: # Considered, # Winners, % of candidates, Issued Date, Research Period. 2024: 831, 79, 10%, 7/1/24, 9/12/23 - 3/29/24; 2023: 749, 73, 9.7%, 7/1/23, 9/12/22 - 3/31/23; 2022: 737, 87, 12%, 7/1/22, 10/11/21 - 4/8/22; 2021: 709, 88, 12%, 7/1/21, 9/14/20 - 4/23/21; 2020: 661, 93, 14%, 7/1/20, 10/14/19 - 4/24/20; 2019: 654, 115, 18%, 7/1/19, 10/9/18 - 5/3/19; 2018: 680, 85, 13%, 7/1/18, 10/23/17 - 5/10/18; 2017: 492, 98, 20%, 7/1/17, 10/21/16 - 5/8/17; 2016: 641, 149, 23%, 6/1/16, 12/7/15 - 5/11/16; 2015: 1333, 288, 22%, 7/1/15, 12/7/14 - 5/11/15; 2014: 3105, 283, 9%, 7/1/14, 12/7/13 - 5/11/14; 2013: 1992, 316, 16%, 7/1/13, 12/7/12 - 5/11/13; 2012: 1598, 300, 19%, 7/1/12, 12/7/11 - 5/11/12.
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Registered Representative and Financial Advisor of Park Avenue Securities, LLC (PAS) Securities products/services and advisory services are offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of the Guardian. TJP Wealth Solutions is not an affiliate or subsidiary of PAS or Guardian. 6907718.2 (Exp. 3/27) 

*Winners appearing on this page do not pay a fee to be considered or to win the Five Star Award. Professionals with a digital profile have paid a promotional fee.
Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. The award is based on 10 objective criteria. Eligibility criteria - required: 1. Credentialed as a registered investment adviser (RIA) or a registered investment adviser representative; 2. Actively licensed as a RIA or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by FSP, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or FSP's consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through FSP's consumer complaint process; feedback may not be representative of any one client's experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria - considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. FSP does not evaluate quality of services provided to clients. The award is not indicative of the wealth manager's future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their clients' assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by FSP or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by FSP in the future. Visit www.fivestarprofessional.com.