The acquisition adds wealth management and affiliated tax practice Dispenziere & Associates, deepening Procyon's integrated financial planning offerings

Procyon, an independent registered investment advisory firm, has acquired Elite Retirement Consultants, LLC ("ERC"), a wealth management firm based in Sparta, New Jersey. The transaction also brings ERC's affiliated tax and accounting practice, Dispenziere & Associates, LLC ("D&A"), into the Procyon platform, pairing D&A's tax expertise with Procyon's wealth management capabilities.

The combination brings together complementary strengths, pairing ERC’s holistic financial planning and D&A's tax and accounting expertise with Procyon's comprehensive wealth management offerings to create a single, integrated family office experience for clients. Through the combined organization, clients gain access to an expanded team of specialists across investment management, financial planning, retirement consulting, estate planning coordination, and tax planning strategies, while retaining the personalized service and accessibility ERC clients have come to expect.

"We were drawn to ERC's established presence, shared fiduciary values, and deep commitment to building lasting client relationships," said Phil Fiore, CEO and Co-Founder of Procyon. "Their tax and accounting expertise naturally complement our integrated wealth management platform, and this partnership is rooted in shared values. Together we believe exceptional service begins with integrity, expertise, and authentic personal relationships."

"Joining Procyon allows us to grow the relationships we've spent years building, now backed by an expanded team of specialists, enhanced operational resources, and a truly comprehensive wealth management platform," said Salvatore Dispenziere III, President and CEO of ERC. "This partnership gives our team access to advanced technology infrastructure and scalable back-office support, so we can stay focused on delivering personalized advice while offering an even broader range of integrated financial solutions."

At closing, the acquisition adds approximately $415 million in assets under management and establishes Procyon's first location in New Jersey, deepening the firm's presence in the Northeast. All twelve ERC and D&A team members, including four financial advisors, one client service associate, and the firm's tax staff, will join Procyon, with the Sparta office remaining open. The transaction closed on October 1, 2026.

About Procyon
Procyon is a nationally recognized, independent registered investment advisory firm providing fiduciary-focused financial advice to private clients and institutions. Headquartered in Shelton, Connecticut, Procyon also operates offices in New York City, Long Island, Maryland, Michigan, Texas and now New Jersey. The firm manages nearly $10 billion in client assets and offers an integrated service model that spans wealth management, retirement consulting, and employee benefits.

Procyon is a proud partner within the Dynasty Financial Partners Network of independent wealth management firms. For more information, visit https://procyon.net

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