Procyon, an independent registered investment advisory firm, has 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.
Wooster Corthell’s Glastonbury, Conn., office will continue full operations, with three advisers 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 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
