Carson Group Adds $160M Women-Led Agrillo Financial Group

Carson Group has added a female-led wealth management practice, which oversees about $160 million in advisory and retirement plan assets, expanding the firm’s market in Long Island. 

Bethpage, NY-based Agrillo Financial Group, founded by Katherine “Dee” Agrillo and led by wealth advisor and principal Theodore “Ted” Agrillo III, provides financial planning, investment management, retirement services, and estate and tax planning to high-net-worth clients, including families and small business owners, with a specialization in women, widows, and pre-retirees. 

The duo, which joined Carson on March 11, is also supported by executive assistant Susan Bailey, according to the firm’s website. 

As part of Carson’s recent addition, Agrillo Financial Group will gain access to Carson’s technology and growth resources while maintaining its independence and local ownership, Carson Group said. 

“Our practice has always been about relationships, trust and making people feel like family,” Ted Agrillo said. “As we reached capacity with our existing tools, it became clear that if we wanted to continue serving clients at the level they deserve and grow the right way, we needed a partner that has the right technology, investment platform and operational support already in place. Carson stood out because they don’t just talk about support.” 

While Dee remains active in the firm, her son, Ted, has assumed leadership of the practice’s daily operations and plans to expand the team by adding junior advisors and supporting its existing staff. 

Recently, Carson Group added Neligh, NE-based Furstenau Financial, which oversees $245 million in assets under advisement, expanding its footprint in the Midwest. 

Omaha, NE-based Carson Group, founded in 1983, oversees more than $57 billion in assets for more than 60,000 families, the firm said.