Author: Phil Fiore

02 Jul

Posted at 17:47h in Media Articles by

How Independence Became Real for 4 Financial Advisors

 

July 02, 2026 By Shirl Penney

Our co-founder and CEO @Phil Fiore, Jr. was featured in Barron’s discussing what it meant for him and his co-founders to launch Procyon in 2017. A few days before launch, standing in their fully furnished office in Shelton, Connecticut with his family, Phil realized something profound: this was no longer just an idea. It was real.

10 Jun

Posted at 17:33h in Media Articles by

ANALYSIS: Is Private Equity Capital Losing Its Charm For Wealth Managers?

June 10, 2026 By Tom Burroughes – Group Editor

Phil shared how both the minority stake model and AI are impacting our firm’s capabilities and growth opportunities.

“We want our talent to perform at the highest levels. In order for them to do that, they need to have proper tools to execute at the speed and quality that they need to. As a firm, our role is to anticipate these needs, equipping our talent with the tools and support them to succeed,” he shared.

01 May

Posted at 15:33h in Media Articles by

How Procyon’s Phil Fiore Built a $9.2 Billion ‘Family Office for Middle America’

 

May 01, 2026 By Steve Garmhausen

For wealth management firms, a wait-and-see approach to artificial intelligence won’t do, according to Phil Fiore. “We have to start embracing it now if we’re going to be around in a substantive way five to 10 years from now,” says the co-founder and CEO of Procyon, a $9.2 billion-asset wealth manager based in Shelton, Conn.

16 Dec

Posted at 22:46h in Media Articles by

Deals & Recruiting Roundup: Wealth Enhancement, Procyon, NewEdge And More

 

December 16, 2025 By Thomas Lee

Dynasty Financial Partners network partner firm Procyon Advisors purchases OLV Investment Group, a wealth management firm with about $500 million in assets under management (AUM) and multiple locations in Michigan and Texas. The addition of OLV boosts Procyon’s total AUM to nearly $9 billion and its total headcount to almost 80.

The acquisition, Procyon’s largest to date, expands its physical presence into the Midwest and South, and adds seven advisors and 13 team members. In July, Procyon announced acquired Wooster Corthell Wealth Management, a Glastonbury, Connecticut-based boutique advisory firm managing about $600 million in client assets at the time.

“Our goal has always been to build a firm that delivers comprehensive solutions through a team-based, client-first approach,” said Phil Fiore, CEO of Procyon. “By joining forces with OLV, we are extending the reach of our platform to new regions and clients with evolving financial needs.”

16 Dec

Posted at 22:43h in Media Articles by

Procyon Adds Bevin Nealon as Vice President, Strengthening Advisory Team in Connecticut

 

December 16, 2025 By CityBiz

Procyon, a nearly $9-billion independent RIA serving private clients and institutions, today announced that Bevin Nealon has joined the firm as Vice President, Private Wealth Advisor, based in Shelton, Connecticut.

Ms. Nealon brings nearly three decades of experience in comprehensive financial planning and retirement strategy. She joins Procyon from Wells Fargo, where she served as First Vice President, and managed more than $100 million for clients. Before that, she spent 15 years at Merrill Lynch. Ms. Nealon began her career in 1996 in operations at Smith Barney, giving her a comprehensive perspective on client service, operations, and investment advisory.

“We’re excited to welcome Bevin to the Procyon team,” said Phil Fiore, CEO of Procyon. “She brings deep experience in holistic financial advice, especially in retirement planning, and her client-centered approach aligns closely with our firm’s mission to provide highly personalized fiduciary advice.”

Ms. Nealon specializes in building customized financial plans that integrate long-term investment strategy with clients’ evolving retirement needs. Her addition supports Procyon’s continued growth and reflects the firm’s commitment to expanding its talent base to meet increasing demand for comprehensive wealth management services.

“Joining Procyon is a natural next step for me and my clients,” said Ms. Nealon. “This is a team of professionals who share my values- delivering objective, integrated advice tailored to each client’s unique financial journey.”

Ms. Nealon’s appointment marks the latest in a series of growth milestones for Procyon in 2025. Earlier this year, the firm expanded its national presence through the acquisitions of Wooster Corthell Wealth Management in Massachusetts, and the OLV Investment Group in Michigan. The firm also received a strategic minority investment from Constellation Wealth Capital to support ongoing expansion.

“Adding experienced professionals like Bevin is a key part of our strategy,” said Mr. Fiore. “We’re investing in people and partnerships that position Procyon to grow while maintaining the high standards of advice our clients expect.”

Ms. Nealon will be based in Procyon’s Shelton, Conn., office, and serve clients across the Northeast, California and Florida. Her role will focus on deepening client relationships through personalized wealth planning and bespoke portfolio management.

About Procyon

Procyon is a nationally recognized, independent registered investment advisory firm providing fiduciary-focused financial advice to private clients and institutions. Headquartered in Shelton, Connecticut, Procyon also operates offices in New York City, Long Island, Maryland, and now Michigan and Texas. The firm manages nearly $9 billion in client assets and offers an integrated service model that spans wealth management, retirement consulting, and employee benefits.

Procyon is a proud partner within the Dynasty Financial Partners Network of independent wealth management firms.

For more information, visit https://procyon.net

16 Dec

Posted at 22:41h in Press Releases by

Procyon Adds Bevin Nealon as Vice President, Strengthening Advisory Team in Connecticut

 

December 16, 2025 By Sally Cates

Seasoned Advisor Brings Nearly 30 Years of Experience in Retirement Strategy and Personalized Wealth Planning

SHELTON, Conn.–(BUSINESS WIRE)–Procyon, a nearly $9-billion independent RIA serving private clients and institutions, today announced that Bevin Nealon has joined the firm as Vice President, Private Wealth Advisor, based in Shelton, Connecticut.

Ms. Nealon brings nearly three decades of experience in comprehensive financial planning and retirement strategy. She joins Procyon from Wells Fargo, where she served as First Vice President, and managed more than $100 million for clients. Before that, she spent 15 years at Merrill Lynch. Ms. Nealon began her career in 1996 in operations at Smith Barney, giving her a comprehensive perspective on client service, operations, and investment advisory.

“We’re excited to welcome Bevin to the Procyon team,” said Phil Fiore, CEO of Procyon. “She brings deep experience in holistic financial advice, especially in retirement planning, and her client-centered approach aligns closely with our firm’s mission to provide highly personalized fiduciary advice.”

Ms. Nealon specializes in building customized financial plans that integrate long-term investment strategy with clients’ evolving retirement needs. Her addition supports Procyon’s continued growth and reflects the firm’s commitment to expanding its talent base to meet increasing demand for comprehensive wealth management services.

“Joining Procyon is a natural next step for me and my clients,” said Ms. Nealon. “This is a team of professionals who share my values- delivering objective, integrated advice tailored to each client’s unique financial journey.”

Ms. Nealon’s appointment marks the latest in a series of growth milestones for Procyon in 2025. Earlier this year, the firm expanded its national presence through the acquisitions of Wooster Corthell Wealth Management in Massachusetts, and the OLV Investment Group in Michigan. The firm also received a strategic minority investment from Constellation Wealth Capital to support ongoing expansion.

“Adding experienced professionals like Bevin is a key part of our strategy,” said Mr. Fiore. “We’re investing in people and partnerships that position Procyon to grow while maintaining the high standards of advice our clients expect.”

Ms. Nealon will be based in Procyon’s Shelton, Conn., office, and serve clients across the Northeast, California and Florida. Her role will focus on deepening client relationships through personalized wealth planning and bespoke portfolio management.

About Procyon

Procyon is a nationally recognized, independent registered investment advisory firm providing fiduciary-focused financial advice to private clients and institutions. Headquartered in Shelton, Connecticut, Procyon also operates offices in New York City, Long Island, Maryland, and now Michigan and Texas. The firm manages nearly $9 billion in client assets and offers an integrated service model that spans wealth management, retirement consulting, and employee benefits.

Procyon is a proud partner within the Dynasty Financial Partners Network of independent wealth management firms.

For more information, visit https://procyon.net

Follow Procyon:

LinkedIn: Procyon

Twitter: @ProcyonPartners

Facebook: facebook.com/ProcyonPartners

 

Contacts

Media Contact
Sally Cates

646-704-4500

10 Dec

Posted at 14:53h in Media Articles by

CT investment advisory firm makes $500M acquisition

 

December 10, 2025 By Michael Juliano

Shelton registered investment advisory firm Procyon Partners has acquired a Michigan-based wealth management firm, OLV Investment Group, with $500 million in client assets. OLV Investment Group maintains headquarters in Flint, Michigan, and locations in Livonia, Rochester and Saginaw, Michigan and Frisco, Texas.

09 Dec

Posted at 20:43h in Media Articles by

Procyon Buys $500 Million Firm With Offices In Michigan And Texas

 

December 9, 2025  By Jeff Berman

ynasty Financial Partners network partner firm Procyon Advisors announced Monday that it acquired OLV Investment Group, a wealth management firm with about $500 million in assets under management (AUM) and multiple locations in Michigan and Texas.

The acquisition, Procyon’s largest to date, expands its physical presence into the Midwest and South, and adds seven advisors and 13 team members, it said.

The addition of OLV boosts Procyon’s total AUM to nearly $9 billion and its total headcount to almost 80, Procyon said.

“Our goal has always been to build a firm that delivers comprehensive solutions through a team-based, client-first approach,” Phil Fiore, CEO of Procyon, said in a news release. “By joining forces with OLV, we are extending the reach of our platform to new regions and clients with evolving financial needs.”

He added, “This is about applying what we’ve built to serve a wider audience, without ever losing the personal touch that defines us.”

For individual investors and families, Procyon provides investment management, financial planning, tax strategy, estate planning coordination and business-owner advisory services, it said. On the institutional front, Procyon said it helps companies design and manage retirement and health plans while educating plan participants.

OLV emphasizes planning, transparency and education, according to Procyon.

“We’re proud of the business we’ve built and the trust we’ve earned from clients over the years,” Tim Tenneriello, CEO of OLV Group, said in the news release. “In Procyon, we’ve found a partner that shares our values and enhances our ability to grow alongside our clients.”

In July, Procyon announced that it acquired Wooster Corthell Wealth Management, a Glastonbury, Connecticut-based boutique advisory firm managing about $600 million in client assets at the time. That deal boosted Procyon’s AUM to about $8 billion at the time.

09 Dec

Posted at 15:19h in Media Articles by

Deals Of The Day: The Latest In Wealth Management M&A – Procyon, OLV

 

December 9, 2025  By Family Wealth Reports Editorial Staff

Procyon, an RIA, has acquired OLV Investment Group, a wealth management firm in Michigan and Texas. The acquisition brings about $500 million in assets under management, taking Procyon’s total AuM to almost $9 billion and its headcount to nearly 80.

The acquisition is the largest that Procyon has carried out so far, it said in a statement yesterday.

“By joining forces with OLV, we are extending the reach of our platform to new regions and clients with evolving financial needs,” Phil Fiore, CEO of Procyon, said.

Headquartered in Shelton, Connecticut, Procyon operates from offices in New York City, Long Island, Maryland – and now Michigan and Texas. It is a partner within the Dynasty Financial Partners Network.

09 Dec

Posted at 15:07h in Media Articles by

Procyon acquires OLV to expand presence in US

 

December 9, 2025  By

 

S-based registered investment advisory (RIA) firm Procyon Partners has acquired OLV Investment Group to expand its footprint into the Midwest and South.

OLV is a wealth management firm operating from multiple locations in Michigan and Texas.

The acquisition of OLV adds more than $500m in assets under management (AUM), bringing Procyon’s total AUM to nearly $9bn.

It also includes the transition of seven financial advisers and 13 team members from OLV, increasing the RIA firm’s workforce to almost 80 employees.

This transaction supports Procyon’s strategy to expand the reach of its wealth management platform across the US.

Procyon CEO Phil Fiore said: “Our goal has always been to build a firm that delivers comprehensive solutions through a team-based, client-first approach.

“By joining forces with OLV, we are extending the reach of our platform to new regions and clients with evolving financial needs.

“This is about applying what we’ve built to serve a wider audience, without ever losing the personal touch that defines us.”

Procyon offers services including financial planning, investment management, tax strategy, estate planning coordination, and advisory support for business owners.

For institutional clients, the firm assists with the design and management of retirement and health plans, as well as participant education on financial matters.

The combined firm will continue to deliver financial advice tailored to clients’ needs, leveraging Procyon’s operational resources, technology, and centralised support.

Also, the addition of OLV aligns with its long-term objective to extend its wealth management services to a broader client base across the country.

In July this year, Procyon expanded in its home market with the purchase of Wooster Corthell Wealth Management, which manages around $600m in client assets.

08 Dec

Posted at 19:59h in Press Releases by

Procyon Expands National Presence with Addition of OLV Investment Group, Bringing Total Client Assets to Nearly $9 Billion

 

December 8, 2025  By Amiee Watts

PROCYON EXPANDS NATIONAL PRESENCE WITH ADDITION OF OLV INVESTMENT GROUP, BRINGING TOTAL CLIENT ASSETS TO NEARLY $9 BILLION

Acquisition Adds Over $500 Million in Client Assets, New Locations in Michigan and Texas, and Seven Financial Advisors to Procyon’s Growing Platform

Procyon, a leading independent registered investment advisory firm, today announced it has acquired OLV Investment Group, a wealth management firm with multiple locations in Michigan and Texas. The acquisition adds approximately $500 million in assets under management, expands Procyon’s physical presence into the Midwest and South, and strengthens the firm’s client-first service model with the addition of seven new advisors and thirteen additional team members. The addition brings Procyon’s total assets under management to nearly $9 billion and its total headcount to nearly 80.

“Our goal has always been to build a firm that delivers comprehensive solutions through a team-based, client-first approach. By joining forces with OLV, we are extending the reach of our platform to new regions and clients with evolving financial needs. This is about applying what we’ve built to serve a wider audience, without ever losing the personal touch that defines us,” said Phil Fiore, Chief Executive Officer of Procyon.

The acquisition is Procyon’s largest to date and reflects the firm’s long-term objective to broaden access to its integrated wealth management model across the United States. OLV’s advisors and support staff are known for delivering thoughtful financial guidance with an emphasis on planning, transparency, and education.

“We’re proud of the business we’ve built and the trust we’ve earned from clients over the years,” said Tim Tenneriello, CEO of OLV Investment Group. “In Procyon, we’ve found a partner that shares our values and enhances our ability to grow alongside our clients.”

The combined firm will continue delivering tailored financial advice while benefiting from Procyon’s operational scale, technology, and centralized support.

This transaction also strengthens Procyon’s dual commitment to private clients and institutions. The firm provides comprehensive wealth management — spanning investment management, financial planning, tax strategy, estate planning coordination, and business-owner advisory — for individuals and families. On the institutional side, Procyon helps companies design and manage retirement and health plans while educating participants on long-term financial wellness.

About Procyon

Procyon Partners is a nationally recognized, independent registered investment advisory firm providing fiduciary-focused financial advice to private clients and institutions. Headquartered in Shelton, Connecticut, Procyon also operates offices in New York City, Long Island, Maryland, and now Michigan and Texas. The firm manages nearly $9 billion in client assets and offers an integrated service model that spans wealth management, retirement consulting, and employee benefits.

Procyon is a proud partner within the Dynasty Financial Partners Network of independent wealth management firms.

For more information, visit https://procyon.net

Follow Procyon:

LinkedIn: Procyon
Twitter: @ProcyonPartners
Facebook: facebook.com/ProcyonPartners
Procyon Advisors, LLC is a registered investment advisor. Advisory services are only offered to clients or prospective clients where Procyon Advisors and its representatives are properly licensed or exempt from licensure. For additional information, please visit our website at www.procyon.net.

Contacts
Media Contact
Amiee Watts

973-615-1683