Procyon Expands with Acquisition of Wooster Corthell

Connecticut-based RIA Procyon expands with acquisition of Wooster Corthell Wealth Management, undisclosed financial terms. Wooster Corthell manages $600m in assets, boosting Procyon’s total to $8bn. Procyon CEO Phil Fiore excited for team’s client-first values and integrated services. Wooster Corthell office in Glastonbury to continue operations with 3 advisors and 5 staff moving to Procyon.

Deal enhances Procyon’s retirement planning and multi-generational services, maintaining client focus. Wooster Corthell CEO Matthew Corthell praises partner alignment and commitment to client service. Acquisition follows Constellation Wealth Capital’s minority investment in Procyon. Procyon’s national platform aims to deliver institutional-quality services while preserving “client-first” values.

Read more at Yahoo Finance: Procyon acquires Connecticut RIA Wooster Corthell