Procyon Partners, founded by financial advisor Phil Fiore, has a unique approach to portfolio management that sets it apart in the wealth management industry. Their 50/30/20 model portfolio, which includes a 20% allocation to alternatives, is not only higher than what one might typically see in retail wealth management but also stands out due to the firm’s use of proprietary funds rather than alternative platforms like iCapital or CAIS.
Antonio Rodrigues, partner and chief investment officer at Procyon, provides insights into the firm’s strategic allocations and decision-making process. With a focus on passive equity strategies, active fixed-income managers, and a diversified range of thematic ETFs, Procyon aims to deliver low-cost, tax-efficient, and tactical solutions to its clients.
One of the most intriguing aspects of Procyon’s approach is its emphasis on alternatives, particularly through its private funds like Procyon Vintage I and the evergreen structure. By sourcing hard-to-access managers and investing in private equity, venture capital, hedge funds, and private credit, Procyon offers clients opportunities for potentially higher returns and greater diversification.
In a market where public equities are increasingly perceived as volatile and unreliable, Procyon’s focus on alternatives provides a compelling option for investors seeking to enhance their portfolios. By leveraging their institutional expertise and network, Procyon is able to offer clients unique and exclusive opportunities in the ever-evolving landscape of wealth management.
