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Pinnacle Secures $200 Million Team From Valic, Expanding Business In New Jersey

Apr 04, 2022•over 3 years ago

Amount Raised

$200 Million

Syracuse

Description

Pinnacle Investments, LLC ("Pinnacle"), a 25-year-old investment firm headquartered in Syracuse, expanded their business in Morristown, New Jersey with the procurement of three reps formerly affiliated with The Variable Annuity Life Insurance Company (VALIC). Andrea Coladarci, Adam DeSimone, and Adam Gartside, now doing business as Prime Wealth Group, each left VALIC Friday after 11, 3, and 2 years respectively. Together they were overseeing $200 million in assets.

Company Information

Company

Pinnacle Investments

Location

Syracuse, Sicily, Italy

About

Pinnacle Investments, LLC ("Pinnacle") was founded in 1996 by two advisors who sought a better solution for their clients than what was available at a large wirehouse. Pinnacle's success is directly attributable to its ability to provide a personalized approach to investment management and client service while offering the same investment products and protections available at larger financial institutions. Since experienced advisors run the firm, they avoid culture clashes that spoil the experience of advisors and clients. This philosophy has put them on an impressive growth trajectory throughout the U.S. To learn more visit PinnacleInvestments.com. Investment and advisory services offered through Pinnacle Investments, LLC member FINRA/SIPC.

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