Financial advisors Richard Kersting and Vincent Gianatasio, both based in New York City, have joined Kuttin Wealth Management, a Hauppauge, N.Y., practice affiliated with the independent channel of Ameriprise Financial, a news release announced today.
Kersting is joining Kuttin Wealth from 1879 Advisors, where he and his team of financial advisors Bette-Ellen Weiss, James Loehle, Nicholas Loehle, Peter Dedel, Tom Cortese, Tyler Palumbo, Bryan Covert, and Michael Collins, and support staff Alexandra Kersting, Deborah O’Reilly, Melissa Hourihan, Tracy Benovitz, Lori Douglass, Rosemarie Reyes, and Ariana Cartagena, manage $950 million in client assets.
Kersting said his team spent 18 months performing due diligence before settling on Ameriprise its independent affiliate Kuttin Wealth, led by CEO Jon Kuttin, and private wealth advisor and President Jake Dunlap.
“After meeting Jon and Jake, it was very clear why Kuttin Wealth is one of the fastest growing teams in the industry,” Kersting said in the news release. “Kuttin Wealth’s culture—along with the tools and support of Ameriprise and being able to keep our independent status—is a powerful combination for our clients.”
Gianatasio, a 40-year industry veteran who manages $192 million in client assets, joins Kuttin Wealth and Ameriprise from Cadaret, Grant & Co. Inc.
“I wanted to align with a firm that could continue my legacy of providing clients with comprehensive financial planning advice wrapped in a great service experience,” Gianatasio said in the news release. “I’m delighted to join Ameriprise and Kuttin Wealth because those areas are their strengths. I am proudly and confidently able to enhance my client experience today and into the future using their resources and innovation.”
In the past year, Kuttin Wealth has doubled the number of advisors affiliating with the practice, growing it to more than 100 professionals serving clients out of 15 office locations nationwide. Kuttin said in the news release that he and his team are planning to grow their business both organically and through acquisitions.