Procyon Partners, a fast-growing registered investment advisory (RIA) firm known for delivering personalized, fiduciary-driven wealth management solutions, announced that Constellation Wealth Capital (CWC), an alternative asset management platform, has acquired a minority stake in the firm. The strategic investment marks a new chapter of growth and opportunity for Procyon Partners, enabling it to scale operations, attract top-tier talent, and expand its geographic presence.
“This is a transformative moment for our firm,” said Phil Fiore, Procyon Partners CEO and Co-Founder. “CWC shares our commitment to client-first values, innovation, and long-term partnership. With their support, we’re positioned to accelerate our growth while continuing to deliver the exceptional, independent advice our clients have come to trust.”
The minority investment from CWC represents a strong vote of confidence in Procyon Partners’ differentiated model and future potential. The capital and strategic resources provided by CWC will allow Procyon Partners to broaden its capabilities, enhance advisor resources, and open new offices in key markets across the country.
“We are excited to support Procyon Partners’ vision and momentum,” said Karl Heckenberg, President and Managing Partner at Constellation Wealth Capital. “Their team has built a compelling, advisor-driven business with a clear growth trajectory. We look forward to partnering with them as they continue to redefine excellence in independent wealth management.”
Procyon Partners remains independently operated and committed to maintaining its entrepreneurial culture, fiduciary focus, and deep relationships with clients, and is further supported by its back-office partner Dynasty Financial Partners. The partnership with CWC reflects a shared belief in the value of long-term collaboration and innovation in serving the next generation of investors.
Houlihan Lokey served as the investment banking advisor to Procyon Partners for this transaction. Dynasty Investment Bank supported the management team of Procyon Partners on this transaction.
