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Veteran Advisors Launch Granite Islands Private Wealth with $1B+ Experience

Newswriter Staff September 2, 2025
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Veteran Advisors Launch Granite Islands Private Wealth with $1B+ Experience

Summary

Two veteran financial advisors with over $1 billion in managed assets have launched Granite Islands Private Wealth, offering independent fiduciary wealth management services with enhanced technology and client-focused planning.

Full Article

Charles Andriole and Robert DeLucca, financial advisors with extensive experience at major firms, have launched Granite Islands Private Wealth, LLC, an independent advisory firm based in Guilford, Connecticut. The partners previously worked together as The Andriole Group at Hightower and Merrill Lynch, collectively managing over $1 billion in client assets before establishing their independent practice.

The transition to independence represents a significant shift in the wealth management landscape, offering clients fiduciary commitment and planning-driven services. Andriole emphasized that the firm has been designed as a highly focused operation to cater to clients' unique and evolving needs while protecting their best interests. This move highlights the growing trend of experienced advisors leaving large institutions to create more personalized advisory services.

Both founders bring substantial credentials and industry recognition to the new venture. Andriole holds both the Certified Portfolio Manager® and Certified Investment Management Analyst® designations and has been recognized as part of Barron's "Top 1000 Advisors by State" and the Financial Times' Top Retirement Plan Advisors. DeLucca has also been honored by the Financial Times in their list of Top Retirement Plan Advisers and maintains active community involvement through mentoring programs.

The firm has assembled an experienced team including Michele Arsenault as Operations Manager with over 20 years of experience in personalized client service, and Lorenzo P. Gaudioso CFP®, C(k)P®, CRPS® as Wealth Advisor and Retirement Plan Advisor with over 25 years of experience. The team is supported by https://truindependence.com, an established leader in the wealth management industry that provides robust infrastructure, compliance, technology and operational support.

DeLucca emphasized the firm's client-centric philosophy, noting that everyone on the team is unified by a commitment to deliver an unparalleled standard of care through deep-rooted values. The firm provides comprehensive and tailored wealth management and investment services to help individuals, families and businesses simplify financial life, make smart decisions and transform their wealth into impact. Additional information is available at https://www.graniteislands.com.

Granite Islands operates as a registered investment advisor with the SEC and works with clients throughout the country and around the globe. The launch represents an important development in the financial services industry, particularly for Connecticut-based clients and those seeking independent wealth management solutions from advisors with proven track records and fiduciary commitments.

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