World Investment Advisors has expanded its New England presence with the acquisition of TCG Wealth Management.
The Nashua, New Hampshire–based RIA overseeing about $140 million in assets for high-net-worth families, business owners and nonprofits, comprises a three-person TCG team led by founder Michael Cerato along with vice president James Abagis and client service manager Melanie Lavigne.
The acquired firm will fold into Boston Harbor Wealth Advisors, a branch of World, while continuing to operate under the TCG brand.
Cerato established TCG in 1994 after earlier stints with Wells Fargo, First Albany and Moseley Securities and says the partnership allows his team to tap into a broader platform without losing independence. “Joining World gives us access to broader investment platforms, advanced technology and operational support while letting us stay true to our fiduciary values.”
TCG is known for its tactical investment approach and focuses on interpreting market signals rather than reacting to short-term volatility; a style that has helped it retain long-term clients through multiple market cycles.
“Michael, James, and Melanie have built a practice that exemplifies discipline, personalization, and long-term relationships,” says Edward Walters, president of World Investment Advisors. “Their culture and commitment to clients make them a natural fit for World as we continue expanding across New England.With TCG joining our Boston-based team, we’re building momentum in New England, proving that advisors can pursue growth without sacrificing culture.”
Walters only recently joined World from Lincoln Financial, succeeding CEO Troy Hammond at a time of transition for the firm, which rebranded in 2024 and is aligning more closely with World Insurance Associates.
The move marks another step in World Investment Advisors’ push to expand through regional acquisitions. The Santa Barbara–based firm, formerly Pensionmark Financial Group, includes more than 630 professionals across 100 offices nationwide.
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