Cerity Partners, one of the nation’s leading independent wealth management firms, has announced its intention to merge with Graypoint, a respected financial advisory firm based in Albany, New York. This strategic move marks a significant expansion of Cerity Partners’ footprint in the Capital Region, reflecting the firm’s ongoing commitment to deepening its presence in key markets across the country.
Once finalized, Graypoint will operate under the Cerity Partners brand, and its President and CEO, Daniel Nolan, will take on a new leadership role as Partner and Vice Chairman of Cerity Partners.
The merger brings together two firms with complementary strengths and shared values. Graypoint has built a strong reputation for serving high-net-worth and ultra-high-net-worth individuals, as well as institutions, with a particular focus on corporate executives. Their expertise in navigating complex financial landscapes—ranging from equity compensation and retirement planning to estate and philanthropic strategies—aligns well with Cerity Partners’ holistic approach to wealth management. By integrating Graypoint’s capabilities, Cerity Partners will be able to offer more tailored solutions to clients who require sophisticated planning and guidance.
In addition to its private client work, Graypoint brings a robust institutional advisory practice to the table. The firm currently serves more than sixty nonprofit organizations throughout New York’s Capital Region and beyond, providing investment oversight, governance support, and strategic financial counsel. This experience will enhance Cerity Partners’ ability to serve mission-driven organizations, a segment that continues to grow in importance as nonprofits seek more proactive and transparent financial stewardship.
The merger also strengthens Cerity Partners’ Workplace Solutions offering, which is designed to support corporate clients and their employees with financial wellness programs, executive compensation planning, and retirement readiness. Graypoint’s deep relationships with corporate leaders and its understanding of executive financial needs will help Cerity Partners expand this service line and deliver more impactful solutions to businesses navigating today’s economic and regulatory complexities.
For clients of both firms, the merger promises continuity and expanded resources. Graypoint’s team will remain in place, now backed by the national scale and infrastructure of Cerity Partners. This means access to broader investment platforms, more profound planning expertise, and enhanced technology—all while maintaining the personalized service that has defined Graypoint’s approach for decades.
The merger is expected to close later this year, pending customary approvals. Once complete, it will mark a new chapter for both organizations—one rooted in shared purpose, expanded capabilities, and a unified vision for the future of wealth and institutional advisory services.
Advisors: Republic Capital Group is advising Graypoint in the combination, and Alston & Bird is serving as legal counsel. Lowenstein Sandler is serving as legal counsel for Cerity Partners.
KEY QUOTES:
“We’re truly excited to welcome our new partners and colleagues from Graypoint to our firm. Their breadth and depth of expertise are a wonderful complement to our firm. We look forward to building a world class firm with them.”
Kurt Miscinski, President and CEO of Cerity Partners
“This partnership is an extension of the same core values upon which Graypoint was founded. By joining forces with Cerity Partners, we are doubling down on our commitment to help clients preserve, steward and grow the wealth they’ve created—and to help them define where their wealth meets purpose.”
Daniel Nolan
