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Alcyon Wealth Partners

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Client assets under management

$352,112,308

Clients

383

25% high-net worth

Advisors

3

of 5 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

128

Very High

Average account size

$919,353

About

Alcyon Wealth Partners provides discretionary wealth management and financial planning to high‑net‑worth individuals, families, trusts, estates, charitable organizations and businesses, managing $356,492,833 on behalf of 383 clients and supported by a three‑advisor team. The firm also offers a range of family office services — including consolidated reporting, service provider selection and bill‑payment support — and specifically notes work with professional athletes.

Investment advice is delivered under a fiduciary standard and is primarily long‑term focused, though the firm may buy or sell positions held for less than a year to meet client objectives or market conditions. Portfolios are constructed after internal due diligence and typically include low‑cost mutual funds and ETFs, individual equities and bonds, closed‑end funds, and, where appropriate, private and alternative investments.

Noteworthy comparisons to peers include the firm’s recent commencement as a registered investment adviser in May 2025 despite an earlier founding date (April 2008), and an institutional relationship with Fidelity that provides custody, platform technology, research and launch‑related reimbursements to the firm. Alcyon’s principals and some advisory persons are licensed insurance professionals who may receive separate commission income, a potential conflict the brochure discloses.

Client services

Financial planning Portfolio management

Expertise

Wealth management Passive / index investing Private / alternative investments Tax-loss harvesting

Occupation focus

Professional Athlete Founder/Business Owner

Fee options

Percentage

1.00% to 2.00% annually (based on several factors including scope, complexity, asset level, relationship)

Other

Fee-only: Wealth management fees range from 1.00% to 2.00% annually based on several factors.

Main office location

Alcyon Wealth Partners

5121 Mahoning Avenue, Suite 101

Youngstown OH 44515-1847, United States

Number of offices

1

Most active in

Arizona · Florida · Georgia · Missouri · New Hampshire · North Carolina · Ohio · Pennsylvania · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Nicholas B

Series 66

Youngstown, OH

Alcyon Wealth Partners

Nicholas Bianco is a financial advisor at Alcyon Wealth Partners with four years of industry experience. He holds a Series 66 designation and has previously worked at Raymond James Financial Services Advisors, Inc., Raymond James Financial Services, Inc., and Merrill Lynch, Pierce, Fenner & Smith Inc. Prior to his financial services career, he held roles at Golf Headquarters, The Brilex Group of Companies, and Youngstown State University. Alcyon Wealth Partners provides wealth management and family-office-style services to high-net-worth individuals, families, trusts, estates, charitable organizations, businesses, and a focused niche of professional athletes. The firm builds customized portfolios using low-cost mutual funds, ETFs, individual securities, and alternative investments within a long-term investment framework and offers comprehensive financial planning, discretionary portfolio management, and family governance support.

Wealth management Passive / index investing Private / alternative investments Tax-loss harvesting Professional Athlete Founder/Business Owner
user avatar

Don S

Series 63, Series 65

Youngstown, OH

Alcyon Wealth Partners

Don Sherwood is a financial advisor at Alcyon Wealth Partners with 23 years of industry experience. He holds Series 63 and Series 65 licenses and previously worked for Raymond James Financial Services Advisors, Inc. for over 16 years. Outside of advisory work, he owns and operates a restaurant, Sam’s Wedge Inn, in Austintown, Ohio. Alcyon Wealth Partners provides wealth management and family-office-style services to high-net-worth individuals, families, trusts, estates, charitable organizations, businesses, and select professional athletes. The firm offers customized portfolios using a range of investment vehicles and emphasizes family governance and succession planning within a fiduciary, discretionary management framework.

Wealth management Passive / index investing Private / alternative investments Tax-loss harvesting Professional Athlete Founder/Business Owner
user avatar

Marc P

Series 63, Series 65

Youngstown, OH

Alcyon Wealth Partners

Marc Presley is a financial advisor with Alcyon Wealth Partners, holding Series 63 and Series 65 licenses and bringing 28 years of industry experience. He has previously worked at Raymond James Financial Services and is involved in several entrepreneurial ventures, including ownership of Alcyon Hospitality, which operates a restaurant called Sam's Wedge Inn, and partnership in Alcyon Realty, a real estate investment firm. Alcyon Wealth Partners provides wealth management and family-office-style services to high-net-worth clients, including professional athletes, offering customized portfolios that combine mutual funds, ETFs, individual securities, and alternative investments within a long-term investment framework.

Wealth management Passive / index investing Private / alternative investments Tax-loss harvesting Professional Athlete Founder/Business Owner
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