Sgroi Financial joins Lawley to combine expertise and create Sgroi Lawley Group, LLC

Buffalo, NY, (October 1, 2024) | Lawley, an independent family-owned insurance broker and employee benefits firm, is proud to partner with Sgroi Financial creating a new financial planning firm, Sgroi Lawley Group, LLC. With a combined 118 years of expertise, this partnership merges two multi-generational businesses committed to serving families and businesses in the Western New York community.

This partnership was orchestrated by Sgroi Financial President Patrick J. Sgroi and Senior Vice President John G. Clouden and Lawley Principal Chris Ross.

For over 65 years, Lawley’s goal has been to protect assets and minimize risk to help their customers avoid financial hardship. For 25 of those years, the employee benefits strategy has been focused largely in the 401(k) space with the goal of creating better outcomes for retirees and providing plan governance to plan sponsors. Now, with the addition of the Sgroi team, they are able to offer holistic financial planning to each of their clients.

This merger follows a strategic partnership formed in 2016 between Sgroi Financial and Lawley to expand product offerings including property and casualty insurance and Medicare solutions to Sgroi Financial clients. Sgroi wealth management clients will continue to work with the same financial advisor, the same support staff, and all aspects of investment accounts will remain unchanged, including account numbers and investment products.

“We want to make it clear that this merger is not based on our desire to scale back or retire, rather it has energized us even more to continue in our growth trajectory,” says Patrick J. Sgroi, Sgroi Financial President.

“All of us at Sgroi Lawley Group, LLC are excited about our new partnership and the benefits it will bring our clients,” says John G. Clouden, Sgroi Financial, Senior Vice President.

“We’re excited to partner with Sgroi Financial LLC and expand our product offerings and our footprint throughout the northeast,” says Chris Ross, Lawley Principal.

“As Sgroi holds similar values to Lawley, we’re proud to bring them on board and excited to work together to provide the best service to all clients,” says Bill Lawley, Jr., Lawley Principal.

ABOUT SGROI FINANCIAL LLC
Founded in 1971 by Joseph Sgroi, Sgroi Financial LLC is a full-service firm providing all of your financial planning needs. This includes everything from your investments and retirement plans to life insurance and long-term care. Sgroi Financial LLC provides Investment Management, Insurance & Risk Management, Retirement Plan Design, Diversifying Assets, Estate Planning, Tax Planning, Retirement Planning, Charitable Planning, and Succession/Exit Planning. Sgroi Financial LLC understands that each client’s circumstances are unique and is committed to helping people achieve financial independence.