What Constellation Financial does

Constellation Financial & Wealth Management Services is a privately held, single-advisor wealth management practice based in Stow, Massachusetts, and a subsidiary of Piotte Enterprises, Inc., which founder Stephen Piotte started in 1989 as an income tax preparation business. The firm shed its tax business in 2017 to focus exclusively on comprehensive financial planning for individual investors and families, business owners, and small employer groups. Core service lines include retirement planning, asset allocation, estate planning, business succession planning, charitable giving, and U.S. government securities advisory, supplemented by access to tax-qualified products such as 401(k)s, IRAs, 529 plans, mutual funds, certificates of deposit, and SEP plans.

The firm runs on a traditional relationship-based advisory model. It does not operate proprietary technology; client-facing tools consist of a Calcxml-powered financial calculator library, a Vimeo-hosted video library covering fiduciary and tax/income planning, and informational web content. All securities transactions are routed through Cetera Wealth Services LLC (FINRA/SIPC member), and advisory services are offered under Cetera Investment Advisers LLC, a registered investment adviser, making the Cetera dual affiliation the operational backbone of the practice.

Commercially, Constellation Financial is a sales-led, referral-driven local practice. Pricing is not publicly disclosed and is negotiated individually with clients, producing a mix of fee-based advisory revenue and commission-based product revenue. Marketing is limited to the firm's website and educational content; there are no disclosed digital marketing campaigns, geographic expansion beyond greater Massachusetts, or external institutional capital.

Name

Constellation Financial

Legal name

Constellation Financial & Wealth Management Services

Website

https://cfwms.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Constellation Financial is a privately held, single-advisor wealth management practice in Stow, Massachusetts, serving individuals, families, and small business owners with retirement, estate, asset allocation, business succession, and charitable planning, operating through Cetera broker-dealer and RIA affiliations.

Ownership category

akta.pro rank

Product category

Wealth Management Services

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Financial Planning & Goals-Based Advice (Mass Affluent) (FSAAAAAF)

akta.pro secondary industries

Retirement & Pension Wealth (401(k)/IRA/SIPP/Superannuation Retail) (FSAAAAAJ), Estate & Legacy Planning Advisory (FSAEAAAG)

Keywords

• Wealth management services
• Retirement planning
• Estate planning
• Asset allocation
• Financial advisory

Headquarters

HQ city

Stow

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Wealth Management Advisory Services: The firm generates revenue through fee-based advisory services for investment management and strategic wealth planning. Services include retirement planning, estate planning, asset allocation, business succession planning, and charitable giving strategies.
2. Securities and Investment Products: Securities are offered through Cetera Wealth Services LLC, a registered broker-dealer. The firm earns commissions or fees on investment products including mutual funds, certificates of deposit, U.S. government securities, 401(k) plans, IRAs, 529 plans, and other retirement savings vehicles.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Constellation Financial & Wealth Management Services is a privately held financial advisory practice that delivers personalized wealth management, retirement planning, estate planning, asset allocation, business succession planning, and charitable giving strategies to individuals, families, and business owners. The firm also distributes tax-qualified investment products including 401(k) plans, IRAs, 529 plans, mutual funds, certificates of deposit, SEP plans, and U.S. government securities through its Cetera Wealth Services LLC broker-dealer relationship.

Product overview

Constellation Financial & Wealth Management Services is a Piotte Enterprises, Inc. company providing comprehensive financial advisory and wealth management services. The firm offers a portfolio of core planning services including Retirement Planning, Asset Allocation, Business Succession Planning, Charitable Giving, Estate Planning, and U.S. Government Securities advisory. These services are complemented by access to various tax-qualified financial products such as 401(k) plans, IRAs (Traditional and Roth), 529 tuition plans, mutual funds, Certificates of Deposit, Simplified Employee Pension Plans, and group retirement plans. The firm also provides client-facing tools including an online calculator library and video library for financial education. Services are delivered through Stephen Piotte, with securities offered through Cetera Wealth Services LLC and advisory services through Cetera Investment Advisers LLC.

Differentiator

Problem solved

Functional benefit

Products and services

• Retirement Planning

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Cetera Wealth Services LLCcoreChannel Partner/ Reseller/ DistributorSecurities offered through Cetera Wealth Services LLC, Member FINRA/SIPC. This is a core distribution partnership enabling the firm to offer securities products including mutual funds, certificates of deposit, and U.S. government securities through a registered broker-dealer relationship.
• Cetera Investment Advisers LLCcoreChannel Partner/ Reseller/ DistributorAdvisory services offered through Cetera Investment Advisers LLC, a registered investment adviser. This partnership enables the firm to provide fee-based investment advisory services under Cetera's investment adviser registration.
• Piotte Enterprises, Inc.coreOthersConstellation Financial and Wealth Management Services remains a Piotte Enterprises, Inc. company since its founding. This is the parent company relationship for the advisory firm.
• H&R BlockminorChannel Partner/ Reseller/ DistributorFormer franchisee relationship (2012-2017). During this period, Piotte Enterprises operated as an H&R Block franchisee while beginning to shift focus from tax preparation to wealth management. The tax portion of the business was sold in 2017.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Direct peers

• Kestra Financial: Independent wealth management platform supporting mid-sized advisory practices. Comparable in scale and advisor-led model to Constellation's small Cetera-affiliated RIA.
• Cambridge Investment Research: Independent broker-dealer supporting mid-sized wealth advisory practices with similar advisor-led, relationship-based models. Closely comparable as another independent RIA platform that hosts small advisory firms like Constellation.
• Commonwealth Financial Network: Independent broker-dealer/RIA platform serving small-to-mid-sized financial advisory practices with relationship-based wealth management models. Comparable in scale and structure to Constellation's Cetera-affiliated practice.

Broad incumbents

• Fisher Investments: Large independent RIA providing asset allocation and portfolio management services to high-net-worth individuals. Comparable in core service offering (asset allocation, retirement planning) though at much greater scale.
• LPL Financial: Largest independent broker-dealer in the U.S., supporting thousands of independent financial advisors with similar fee-based advisory and commission-based product models. Directly comparable business model to Constellation's independent advisor platform structure.
• Cetera Financial Group: Constellation's core broker-dealer and RIA platform partner. Cetera is a large independent advisor platform supporting thousands of affiliated advisors with similar relationship-based models; directly comparable because Constellation operates entirely under Cetera's regulatory umbrella.
• Ameriprise Financial: Large retail wealth management firm with thousands of franchise advisors offering retirement, estate, and asset allocation planning. Comparable target market and service mix to Constellation, though at much larger scale.
• Raymond James Financial Services: Diversified financial services firm with a large independent advisor channel providing wealth planning, retirement, and estate services. Comparable in offering breadth and advisor-affiliation model.
• Advisor Group: Large independent wealth management platform supporting thousands of affiliated advisors. Comparable as another scale platform in the independent RIA/broker-dealer ecosystem where Constellation competes.
• Edward Jones: Large retail-focused wealth advisory firm with thousands of branch offices offering retirement, estate, and asset allocation planning. Directly comparable service mix targeting mass-affluent individuals and families.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/constellation-financial

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Constellation Financial