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.

“We often turn to wisdom or gather it in the seasons of suffering. By extension, a family’s problems are incredible teachers. But to make use of the teachings, families must try consciously to remember their painful experiences as sources of knowledge.” — Brian Turner

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.

Partner & Private Wealth Advisor Bob Alimena was featured in @InvestmentNews discussing how an extended summer vacation can serve as a valuable “trial run” for retirement, helping individuals test both their routines and spending habits before leaving the workforce for good.

“I’m a fierce protector of my kids, but that instinct shows up in my leadership too,” Melissa shared. “I’m a strong advocate for my team and my clients when it comes to making sure that all women, caregivers, and any family that I’m supporting have access to the benefits they need.”

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.

“There are certain finite timelines that you need to know,” says Andy Leung, a certified financial planner and private wealth adviser at Shelton, Connecticut-based Procyon. “You can’t back up, and you don’t get a mulligan.”

In this episode of the RIA Edge podcast, host David Armstrong speaks with Phil Fiore, co-founder and CEO of Procyon, about how he and his team transitioned from a wirehouse environment to build a fast-growing independent firm.

In a country plagued by low financial literacy, it’s good to know that personal finance courses are becoming a requirement for high school students.

One of the most important things a financial advisor can do when building a niche is speak the same language as their clients and prospects — it’s mission critical.

Women are poised to influence one of the largest shifts of wealth in modern financial history. According to Cerulli, through the next two decades, roughly $124 trillion is expected to move between generations — and women are projected to control or influence around 75% of those assets.

Yet women remain a minority in the leadership ranks of wealth management.

To me, being a trailblazer means building your own path instead of waiting for one to be handed to you. A Conversation with Bevin Nealon, CFP® of Procyon.