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Pinnacle Private Wealth announces merger with Leominster, MA Wachusett Wealth Management
Wachusett team to join Pinnacle Private Wealth; Pinnacle to take over office in Leominster, MA
Pinnacle Private Wealth announces merger of Leominster, MA firm Wachusett Wealth Management with Pinnacle; principals to join Pinnacle firm
WOBURN and LEOMINSTER, MA, ISSUED MARCH 17, 2014…Pinnacle Private Wealth (www.pinnacleprivatewealth.com)
This represents the first merger for Pinnacle Private Wealth, founded in 2009 by Managing Partners Daniel Cotton and Myles Dudley. Under terms of the arrangement, an office at 14 Monument Square, Leominster, MA which until now served as headquarters for Wachusett Wealth Management will become a second Pinnacle Private Wealth location. Former Wachusett Managing Partner and 27-year financial services industry veteran Gerry Fagnant of Westminster, MA, has joined the Pinnacle Private Wealth team as Managing Partner of their Leominster office; he will divide his time between the Leominster office and Pinnacle’s corporate headquarters at 100 Trade Center, Woburn, MA. When the integration of the two companies is complete, the new, expanded entity will operate under the name Pinnacle Private Wealth.
Additionally, Danielle Fagnant will join the Pinnacle Team in their Operations Department.
Gerry Fagnant said, “This is a great move for us, and for our clients. I have always sought to create a team approach to investments. And, after an expanded search, we found Pinnacle Private Wealth to be the ideal choice for us as we sought to move in this direction. We see this merger of our practice with theirs as very mutually beneficial. We will be able to provide more collaboration on investment strategy, and an added sense of security for our clients in knowing that there is a team looking out for each of them.”
Clients previously served under the Wachusett Wealth Management name will still have access to their same advisors at the same location, as well as to the additional resources of the Pinnacle team.
Dan Cotton, Pinnacle Private Wealth Managing Partner, said, “We are delighted to welcome Gerry, Danielle and their Wachusett clients to our Pinnacle family! They are a first-rate organization with a strong reputation for excellence. With this announcement, we expand not only the size of our company but the expertise of our team. Our clients will all benefit from this step that we have taken today.”
Myles Dudley added, “We are fortunate to add a team of the caliber of Gerry and Danielle, and we see this as another opportunity for strong, positive growth.” He added that Pinnacle Private Wealth is also considering future options in mergers and potentially acquisitions and the opening of additional locations.
About Pinnacle Private Wealth
Pinnacle Private Wealth was founded in 2009 by Managing Partners Myles Dudley and Daniel Cotton, each bringing extensive backgrounds in wealth and investment management to their new company. The firm’s philosophy can be seen in their slogan, “Invest with Purpose.” Their menu of services includes wealth management, investment management, retirement portfolio review and planning, estate planning, risk management and more. Since its inception, Pinnacle Private Wealth has grown from a two-person firm to a team of 12 people with two locations, to serve the needs of individuals and businesses. To learn more about the offerings of Pinnacle Private Wealth, please contact Kristen Shutt, Operations Manager, at (781) 932-4855 or email email@example.com to set up a free consultation. Interested individuals can also learn more about the firm by visiting www.pinnacleprivatewealth.com. Pinnacle Private Wealth maintains headquarters at 100 Trade Center, Suite 600, Woburn, MA 01801.
Photo: (L-R) Managing Partners Dan Cotton and Myles dudley