Robert Sterling Madden, CLU, ChFC, CFP®
Bob Madden is the founder and Managing Partner of the Sterling Wealth Management Group. His focus is on development and implementation of long-term financial strategies with an emphasis on retirement, and is based on the client's unique goals and objectives. Bob has been advising and counseling people on their financial and business matters for over 30 years; providing fee-based financial plans, retirement planning, investment, life and health insurance solutions, as well as corporate and small business benefit plans.
Bob holds a Certified Financial Planner™ designation from American College. He is Series 7, 63 and 65 licensed and is a Series 24 Registered Principal with LPL Financial. He is often a featured speaker at financial workshops, focusing on wealth accumulation, preservation planning, retirement planning, and estate conservation. Bob also leads advanced study groups for his peers.
Bob is a Long Island native, who grew up in Northport, New York. He graduated from the United States Naval Academy in Annapolis, MD where he majored in Management.
Bob served our country as a Surface Warfare Officer, and as an instructor and Company Officer at Naval Officer Candidate School in Newport, Rhode Island. He continues his affiliation with the Academy through his role as a Naval Academy Blue and Gold Officer for the Long Island area; guiding future Naval Officers through the rigorous process of applying to the Academy.
Bob worked at Hazeltine Corporation on programs such as the Patriot IFF System, Divisional Air Defense IFF, and Stealth Bomber Transponders. While at Hazeltine, Bob started an investment club for friends and fellow employees, which later provided the impetus for his current career as a financial advisor.
A part of Bob's passion is his affiliation with groups honoring our soldiers and marines. Along with his classmates from the Naval Academy, Bob hosts wounded warriors and injured marines at an annual Cost of Freedom weekend held at the Army-Navy game. The emphasis on the weekend revolves around themes such as “leave no man behind,” “freedom is not free,” and “we must never forget.” Bob is the Co-founder and President of Cost of Freedom, Inc., incorporated in 2011, whose mission is to pass the core values of honor, courage, and commitment to future generations. Bob considers these returning veterans his “special brothers and sisters.” He believes we have a responsibility to help those returning from combat to be encouraged to re-enter the work force and re-connect to Main Street, USA.
Bob supports the Injured Marine Semper Fi Fund, Travis Manion Foundation, America's Vet Dogs, and the Guide Dog Foundation; the latter two he is on the Board of Directors. In 2011, Bob was honored as “Man of the Year,” by Big Brothers Big Sisters of Long Island.
Bob has been married to Cindy for 49 years and they live in Huntington, New York. They enjoy family, travelling, and golf and are members of the Huntington Country Club. They have three children, Rob, who is married to Jade; Michael; and Alison, who is married to Nick DiScala. They have eight grandchildren – Victoria, Alex, Ashton, Delaney, Reagan, Maddalena, Teddy, and Camilla.