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About US

Our Story

Who We Are

Innovative Wealth Management is a holistic planning & wealth management firm located in Fairfield County, Connecticut.

Innovative Wealth Management was created with the sole purpose of being a premier one-stop-shop for consumers when it comes to Medicare planning, Social Security claiming strategies, Estate Planning and creating a reliable income stream clients won’t outlive. We tend to work with those who are in or approaching the retirement transition. 

Innovative Wealth Management was born through a strategic partnership of Vincent Farasciano and Tyler Rees, Josh Benson and Ryan Strathmeyer of Innovative Financial Group located in Wilmington, North Carolina.  Innovative Financial Group is one of the nation's fastest growing independent distributors of life and health insurance products, having over 9,000 independent insurance producers covering all 50 states.  Innovative Financial Group was just included on the 2020 INC. 5000 Prestige List, ranking as one of the nation's fastest-growing private companies. For more information on Innovative Financial Group, visit www.teamifg.com.


Here’s a Bit About the Beliefs that Define Our Approach


Taking Care of Your Wealth is a Personal Matter

By building a long-term relationship together, we’re able to provide individuals & families with personalized solutions & compassionate support that extends beyond financial services. If you need a hand, we’re always here for you.

Integrity is the Foundation of Our Work

You and your wealth deserve nothing short of transparency and the kind of morality that your own homegrown values are also built upon. Our clients have a greater sense of ease knowing that their wealth is looked after and can trust that we’ll tend to it like it’s our own.

Cookie-Cutter Solutions Don’t Cut it Here

By truly understanding you and your needs, we create custom-made strategies that are fit for your particular circumstances. We believe this is the most effective way to support and protect you and the ones you love.


Meet Your Team

Vincent M Farasciano Photo
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Vincent M Farasciano

Founder, Senior Wealth Manager

203-693-1972 ext. 700 -  vincent@iwmadvisory.com


Gone are the days where a financial advisor just manages your investment portfolio. For many years, the financial services industry was only concerned with how much wealth they can manage for a client. Overlooked is the crucial role that Medicare planning, maximizing Social Security benefits and Legacy Planning play in a client’s ability to lead a happy and healthy financial retirement. Vincent recognizes this and has committed the team at Innovative Wealth Management to changing the way traditional wealth management relationships function.

By coordinating your Social Security and Medicare planning, Vincent and his team take care of all aspects of your retirement support. Vincent specializes in client-centered wealth management, taking the time to get to know your values and your goals — and identifying the right moves for your specific life and circumstances. Vincent is committed to your stress-free golden years and strives to help you have a clear understanding of your financial details.

Vincent brings a breadth of financial services experience to his role. He has been a financial advisor for over two decades. Before founding Innovative Wealth Management, Vincent was a producer and designated principle at Bankers Life Securities, where he supervised over 20 financial advisors, helping them learn and grow as professionals while building their practices. 

Currently, Vincent resides in Trumbull, CT with his wife, Lisa, who he has been married to for 19 years. Together, they love to watch their children (Matthew, 18 and Madison, 16) participate in sports. Matthew, a Trumbull HS grad and hockey alum is attending college in CT, and Madison is a Varsity cheerleader and is on the competition team for Trumbull HS. Each year, the family volunteers to help raise money for the Alzheimer's Association. 


Designations & Licenses:

  • Series 65 licensed
  • Life and health insurance licenses
Ron Ray Photo Ron Ray Hover Photo
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Ron Ray

Investment Advisor Representative

Ronald is the Founder and CEO of Homestead Family Wealth located in New Braunfels, TX.  Ronald Ray works to find solutions to the problems of today’s baby boomer generation.

Through the avenues of health, life, long-term care insurance, and retirement income planning, Ronald has worked to help his clients enjoy their retirement years with less worry.

A life-long servant to others, Ronald has been a police officer for 20 years and holds a Master Peace Officer certificate from the state of Texas. He left law enforcement as a full-time career in 2009 only to continue helping others in the field of insurance.

Ron lives in New Braunfels with his wife, Summer, their son, Gunnar, and their daughter, Gemma.They attend Oakwood Baptist Church and are actively involved in their community through various civic and service organizations.

Ronald provides his clients with a personalized, comprehensive asset protection service. He not only brings his own experience but the many decades of experience of his associates. Ronald has assembled a team of professionals in the fields of insurance, tax planning and preparation, estate planning, elder law issues, and retirement and financial planning.

Designations & Licenses:

  • Series 65 licensed
  • Life and health insurance licenses


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