About Cranbrook Wealth Management

Founded in 2004, Cranbrook Wealth Management, LLC is an independent SEC Registered Investment Advisor managing over $800,000,000 in client assets.  As fiduciaries, we are dedicated to providing investment management and strategic wealth planning across a wide variety of disciplines.  Our team of experienced, passionate, and talented individuals stand ready to guide you through all of life's financial complexities. Simply put, we strive to be your Advisors for life.  

Our Team

Founder and President

Richard Balamucki is the founder of Cranbrook Wealth Management, LLC. He was a pioneer in comprehensive financial...

Chief Executive Officer

Mr. Bear is responsible for managing the firm as well as advising clients of his own – particularly corporate executives...

Investment Adviser Representative

Mr. Fitzgerald has been advising and servicing clients since he entered the financial planning profession in 1997. He...

Investment Adviser Representative

Mr. Ross joined the firm in 2015. In addition to advising his own clients, Mr. Ross also assists the firm principals in...

Latest Blog Post

Personal Liability Protection

by Casey Bear on
One of the least understood forms of protection is personal liability insurance; and with its capacity to form an extensive umbrella of financial protection for a low cost, it can also be the most overlooked. Most people don’t consider it because they think they have plenty of liability coverage in their homeowners and auto insurance policies.
If you’re over the age of 62 and in need of some extra cash flow in your retirement, you may be considering a reverse mortgage. Borrowing money from your home equity might sound like a good idea, but is it actually a wise move financially? Here are some things to consider when making the decision to take out a reverse mortgage on your home.