Acquisition Adds $600 Million In Assets, Deepens National Independent Platform, and Strengthens Procyon's Capabilities in Multi-Generational Wealth Planning

Procyon, a rapidly growing independent registered investment advisory firm, today announced its acquisition of Wooster Corthell Wealth Management, a Connecticut-based boutique advisory managing approximately $600 million in client assets. The strategic acquisition expands Procyon's northeastern footprint and brings total assets under management to approximately $8 billion.

“We are thrilled to welcome the Wooster Corthell team to Procyon,” said Phil Fiore, CEO and Co-Founder of Procyon. “They share our client-first values, commitment to holistic family wealth planning, adherence to the utmost fiduciary standards and belief in the power of building strong, long-term relationships. Together, we are stronger, and we are proud to bring their decades of experience and trusted client relationships into the Procyon family.”

For Matthew Corthell, CEO of Wooster Corthell Wealth Management, the merger enhances what his firm already does well. “For over 30 years, we have built Wooster Corthell around deep relationships, thoughtful planning, and unwavering independence. In Procyon, we found a partner that not only shares our philosophy but also enhances our ability to serve clients for generations to come.”

Wooster Corthell's Glastonbury, Conn., office will continue full operations, with three advisors and five staff members joining Procyon's growing team. The combined organization now encompasses 56 professionals across Connecticut, New York City, Long Island, Tennessee, and Maryland.

The addition of the Wooster Corthell team strengthens and builds upon Procyon's expertise in retirement planning, customized wealth strategies, and multi-generational advisory services—helping families manage wealth, legacy, and life transitions. It also advances the firm's plan to create a national platform that delivers institutional-quality services without sacrificing the firm's client-first values.

“We are continually striving to make our clients’ lives easier by delivering more value in one place including integrated planning, investment management, and tax expertise within a single, trusted platform,” said Mr. Fiore. “This acquisition is another step forward in fulfilling that promise.”

Dynasty Investment Bank served as exclusive financial advisor to Procyon on this transaction.

About Procyon

Procyon is an independent registered investment advisor with a dual focus on retirement plan/participants and private clients. With offices in Connecticut, NYC, Long Island, Tennessee and Maryland, the firm manages about $8 billion in client assets.

As a private wealth advisor, Procyon helps high-net-worth individuals, families and business owners identify and implement effective financial strategies for managing their investments and achieving their family’s financial goals.

On the institutional side, the firm helps companies and organizations design, manage, and enhance their retirement and health plan offerings while also educating plan participants on how to effectively prepare for their retirement.

Procyon operates and is proud to partner within the Dynasty Financial Partners Network of independent wealth-management firms.

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

Follow Procyon on social media:

• LinkedIn: Procyon
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Disclosure: Dynasty’s Investment Bank is operated through Dynasty's wholly owned subsidiary Dynasty Securities LLC (“Dynasty Securities”) is a U.S. registered broker-dealer and member FINRA/SIPC.

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