Procyon Partners Makes Power Move in Naming Rich Franchella to Drive Growth

Bold Hire Set to Accelerate Wealth Dynamo’s Growth Across Private-Client and Institutional Verticals

SHELTON, Conn.--(BUSINESS WIRE)--Procyon Partners is pleased to announce the appointment of Rich Franchella as Senior Vice President of Business Development, a newly created role designed to drive the firm’s ongoing expansion. Based in the firm’s office in Fulton, Md., Mr. Franchella will focus on recruiting top-tier firms and advisors in private wealth, institutional consulting, employee benefits, tax, risk management, and other key sectors.

“Rich has been a trusted colleague for the better part of my career,” said Mr. Fiore. “His leadership and strategic insight will play an instrumental role in scaling our business and continuing to attract exceptional talent across all our verticals.”

Reporting to Procyon’s Chief Revenue Officer Harry Kirkpatrick, Mr. Franchella will focus on recruiting and attracting new advisors, which aligns with Procyon’s broader strategy of deepening its capabilities and expanding its geographic footprint to support both its wealth-management and institutional clients.

For Mr. Franchella, “Procyon Partners’ rapid growth and commitment to innovation make it an ideal platform for driving meaningful impact and fostering success.” To this momentum, Mr. Franchella adds, he is eager to contribute “by connecting top advisors and firms with Procyon’s state-of-the-art platform, fostering long-term relationships that will fuel our shared success.”

With $7 billion in assets under management, and more than 50 employees in Manhattan, Shelton, Conn., Melville, N.Y., Fulton, Md., and Virginia Beach, Va., Procyon continues to make strides as a leader in the wealth-management space.

Procyon Partners is a member of the Dynasty Network of independent financial advisory firms.

About Procyon Partners

Procyon Partners is an independent registered investment advisor with a dual focus on retirement plan/participants and private clients. With offices in Connecticut, NYC, Long Island, West Palm Beach, Tennessee and Maryland, the firm manages $7 billion in client assets. 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. 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 financial goals. For more information visit. www.procyonpartners.net.

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