Cerity Partners, Graypoint Announce Merger

Cerity Partners LLC, a New York-based independent wealth management firm, has announced plans to merge with Graypoint LLC, an Albany, New York–based financial advisory firm.

According to the companies’ announcement, that Graypoint’s “deep expertise” in advising and serving corporate executives will bolster Cerity Partners’ workplace solutions capabilities.

Following the closing, Graypoint, which has more than $4.5 billion in assets under management, will operate under the Cerity Partners brand. Daniel Nolan, Graypoint’s president and CEO, will be a partner in and vice chairman of Cerity Partners.

Nolan said in a statement that the merger is an “extension of the same core values upon which Graypoint was founded.”

“We’re truly excited to welcome our new partners and colleagues from Graypoint to our firm,” said Kurt Miscinski, president and CEO of Cerity Partners, in a statement. “We look forward to building a world-class firm with them.”