Private Advisor Group Adds $155M Delisanti Wealth Management 

Private Advisor Group, a rapidly growing Morristown, NJ-based independent wealth management firm with over $31.5 billion in assets under management, has added Delisanti Wealth Management.  

The reported $155 million Rochester, NY-based firm is led by owner and president, Robb Delisanti. 

Delisanti helps investors “from every background, encompassing new entrants to the professional workforce, executives, pre- and post-retirees, small business owners, and those seeking help on their financial journey,” Private Advisor Group said. The firm works primarily with investors from Kodak, University of Rochester, Xerox, L3 Harris and Bausch & Lomb. 

Delisanti chose Private Advisor Group to gain access to its RIA and technological expertise. Private Advisor Group’s multi-custodian offering was also a key factor in his decision to join. 

“The alignment in values and the operational ease provided by Private Advisor Group and our new custodian Fidelity Investments, made this partnership a clear choice for us,” said Delisanti. 

“Robb’s dedication to his clients and his commitment to providing personalized financial guidance align powerfully with our core values,” added Verne Marble, director of business development at Private Advisor Group. 

In May, Private Advisor Group recruited wealth advisor Ethan Campbell of Stones River Wealth Management, a $90 million Woodbury, TN-based firm. In February, it welcomed Poterack Capital Advisory, a $120 million four-person wealth management firm in Morton, IL. Prior to that, the firm added Drake Financial Services, a $100 million Troy, MI-based financial practice.