Commonwealth Financial Network, a national RIA dedicated to providing financial advisors with integrated business solutions, announced that Syracuse, New York-based Diversified Capital Management (DCM) joined its network of independent financial advisors. Advisors include William Kriesel, CPA, CFP, PFS, Kevin Visconti, CFP, and George Nardone, ChFC, AIF. Formerly with Cadaret Grant and its acquirer LPL Financial, the DCM team reported advising on more than $550 million in client assets.
DCM offers comprehensive financial planning and investment services to individuals and families. And founder William Kriesel’s accounting background led DCM to emphasize collaboration with clients’ other outside professionals, including accountants and attorneys. The team offers specialized advice to business owners, including retirement plan consulting, succession planning, and holistic tax strategies.
KEY QUOTES:
“By coming to Commonwealth, the Diversified Capital Management team has an innovative partner on their side to streamline operations to best serve their clients. By dropping their RIA registration and integrating our technology across their day-to-day operations, the team can give greater focus to client needs and business growth. We’re honored to welcome them.”
– Becca Hajjar, managing principal and chief business development officer
“To open paths for growth, we needed to simplify operations to make managing our business significantly easier. That gives us more time to bring value to clients in planning and money management. We’re also benefiting already from technology that’s integrated across our work—no more workarounds. Culturally, we are glad to join the Commonwealth community because the advisors are all independent. There’s also a shared expectation for service excellence within the organization.”
– DCM partner Kevin Visconti
“We want to make sure our clients are taken care of beyond the career of any one advisor,” he said. “In contemplating a partner change, our decision-making was always around how changes to our business would impact our clients. We want to bring them more value and serve them better. At Commonwealth, we found what I feel the industry used to be fifteen years ago—that advisor-centric service level is still there.”
– DCM’s managing partner William Kriesel
