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Direct Investment  + Financial Advisory  + M&As  + RIAs & Financial Advisors  | 
Cerity Partners to Merge with Graypoint, Expanding Footprint in NY Capital Region 

Cerity Partners to Merge with Graypoint, Expanding Footprint in NY Capital Region 

Cerity Partners has announced plans to merge with Graypoint, an Albany, NY–based advisory firm serving high-net-worth individuals, ultra-high-net-worth families, and institutions. Following the closing, Graypoint will rebrand under the Cerity Partners name, with its president and CEO, Daniel Nolan, joining as partner and vice chair of Cerity Partners. 

The deal enhances Cerity’s Workplace Solutions offering, reflecting Graypoint’s strong track record advising corporate executives. It also expands institutional advisory capabilities, as Graypoint currently partners with more than 60 nonprofit organizations in New York’s capital region and beyond. 

“We’re truly excited to welcome our new partners and colleagues from Graypoint to our firm. Their breadth and depth of expertise are a wonderful complement to our firm. We look forward to building a world class firm with them,” said Kurt Miscinski, president and CEO of Cerity Partners. 

Cerity, backed by private equity firms Genstar Capital and Lightyear Capital, has been a highly active consolidator in the RIA space. Earlier this year it acquired West Coast Financial in Santa Barbara, CA, with $1.84 billion in assets, as well as Boston-based Prio Wealth ($4.1 billion AUM) and Fishman Block + Diamond, LLP. 

Advisors on the transaction: Republic Capital Group advised Graypoint, with Alston & Bird providing legal counsel. Lowenstein Sandler served as legal counsel to Cerity Partners. 

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About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.