Disciplined. Careful.

These principles are so basic that theyʼre often thought of as implicit to wealth management. Yet they are often overlooked in business. Our founder, Tony Morgia, likes to say, “fear of the downside must be greater than greed on the upside.” Weʼve built long-lasting relationships with our clients and managed their wealth by using a disciplined, careful approach to business, our animating principle.
Our team is a generational office, advising many of their original clients as well as those clientsʼ children and grandchildren. Our clients believe in our long-term approach to wealth management. As an organization, each team member strives to exceed the expectations of our individual clients, corporate clients, and retirement plans. The collaborative nature of our office results in an array of specialists dedicated our clients’ needs, which can often be complex and cover many areas. We pride ourselves on reliable and efficient service to help you with all facets of your financial life.

Our Team

Tony Morgia

Managing Director, Partner

Tony Morgia began his portfolio management career in 1968 at Spencer Trask. Mr. Morgia has experienced firsthand just about every type of market, from the top bull markets of the 1990s to the very bearish markets of the 1970s. He has a keen ability to look at the macroeconomic picture and relate it to the investment process. Mr. Morgia’s success has come from the application of a long-term investment approach that focuses on risk control and downside protection.

Mr. Morgia spends the majority of his time meeting with clients and assisting them with their long-term financial plans. He also uses his many years of investment experience to take a birds-eye view of his clients’ entire financial situation. Tony’s experience is a tremendous asset to the Morgia Wealth Management team; with his many years in the field he is able to see trends and potential shifts in the markets. Mr. Morgia is a graduate of LeMoyne College, with a Bachelor’s Degree in Business & Finance. He did graduate work at St. Lawrence University, and trained for Wall Street at the New York Finance Institute. Mr. Morgia is a past member of the Board of Directors of the Northern New York Community Foundation, the Northern New York Builders Exchange and WNPE/WNPI Public Television. He holds Series 7 & 63 licenses.

Michael Morgia, CIMA®

Managing Director, Partner

Michael Morgia is a Managing Director and Partner at HighTower. He serves as the lead equity portfolio manager for Morgia Wealth Management.

Mr. Morgia began his career in 1988 with Smith Barney, where he worked as a Senior Portfolio Management Director and financial consultant. At HighTower, he developed and continues to refine and improve the methodology for analyzing and evaluating equities based on Morgia Wealth Management founder Tony Morgia’s investment philosophies. He has also developed the algorithms and software programs used for Morgia Wealth Management’s quantitative investment strategies. For more than twenty-five years, his dedicated, holistic approach to analyzing clients’ needs and developing detailed financial plans has helped Morgia Wealth Management’s clients to build and preserve wealth over the long term.

In addition to his research and analytics knowledge, Mr. Morgia maintains a hands-on role with many of the firm’s larger clients and longstanding relationships. He believes it is imperative that the principle strategies and investments that are recommended to clients are the very same one’s that the team uses for their own portfolios.

Mr. Morgia graduated from LeMoyne College with a Bachelor’s Degree in Business & Finance. He also earned the designation of Certified Investment Management Analyst from the Wharton School of Business at the University of Pennsylvania and holds Series 7, 63 & 65 licenses.

PJ Banazek, CFP®

Managing Director, Partner

PJ Banazek is a Managing Director and Partner at HighTower. He specializes in managing fixed income portfolios and complex financial planning for Morgia Wealth Management.

Previously, Mr. Banazek worked for Morgan Stanley Smith Barney as a Senior Portfolio Management Director. Earlier in his career, he spent more than 12 years working as a Certified Public Accountant for firms including Firley, Moran, Freer & Eassa, the largest CPA firm in the Central New York region. Mr. Banazek was instrumental in building that firm’s financial institution practice from serving a single client to working with over 20 credit unions, and community-based banking institutions.

At HighTower, Mr. Banazek focuses on managing Morgia Wealth Management’s fixed income assets on behalf of the firm’s clients. He evaluates individual bond investment opportunities and analyzes fixed income assets in the context of client portfolios. In addition, Mr. Banazek plays a significant role in the creation of sophisticated financial plans for Morgia Wealth Management’s clients. His skillset includes estate planning issues, 401(k) plan design, tax-deferred savings opportunities and stock options.

Mr. Banazek currently sits on a number of boards, including The Ives Hill Retirement Community, a not-for-profit organization that operates living facilities for seniors 62 and over, and The Herring College Trust, a scholarship endowment for students pursuing engineering degrees. For the last 15 years he has coached local youth sports, including soccer, Little League, and lacrosse. He served as chairperson for the Watertown YMCA’s corporate giving committee during its fundraising campaign to support facility renovations and a new daycare center.

A graduate of LeMoyne College, Mr. Banazek obtained his CPA license in 1993 and is a member of The American Institute of Certified Public Accountants. He currently holds the CFP® designation as well as Series 7, 63 & 65 licenses.

John B. Johnson, MBA

Director of Wealth Management

John Johnson is a business leader who escaped from Fortune 100 America to diversify a portfolio of print and digital publications in upstate New York. He joined Morgia Wealth Management as the Director of Wealth Management and he focuses on client relationship management and growing the business through marketing.

In Fortune 100 America, he worked at 3M where he was the group business unit manager responsible for a portfolio of business teams within the Post-it brand.  Prior to the Post-it brand business, he led strategic planning and mergers & acquisitions for 3M’s multi-billion dollar consumer business. Mr. Johnson also worked at Rand McNally and Co. in Chicago during the early days of the consumer facing web as a children’s book marketer and product & channel manager for DVD mapping solutions.

In upstate New York and for the past 13 years, Mr. Johnson had operating and strategic responsibility for a portfolio of 4 daily newspapers, 22 weekly publications, multiple glossy magazines, a commercial printing business and several media websites.

He also consults with a technology based start-up in the Agriculture & Robotics space, is the past Chairman of the Board of Directors for Nicholville Telephone Co & St. Lawrence Internet Co (SLIC), member of the Watertown Rotary, on the board of the United Way of Northern New York, is the past President of the board of the local YMCA and currently working on the committee to build a new downtown location for the Y.

Mr. Johnson has an MBA from Northwestern University’s Kellogg School of Management, a BA from Wesleyan University (CT) and graduated from Philips Exeter Academy (NH).

Shane Simser, CPFA

Sr. Financial Advisor, Retirement Plan Services

Mr. Simser began his career with the Legend Equities Corporation in 2005 specializing in retirement planning for teachers. 

Shane joined Morgia Wealth Management in 2013 to help individuals, business owners, and philanthropic groups determine their financial goals, offer investment advice and implement personalized solutions.  His specialty is working with business owners to develop retirement plan solutions and assist their employees in analyzing their financial objectives, reviewing their investment options, and providing on-going education to help prepare them for retirement. 

Shane was selected as one of the 20 Under 40 of Northern New York’s Emerging Leaders for the Class of 2016 for his leadership in our industry and the community.   Shane graduated from SUNY Potsdam with his B.S. in Business Administration. Mr. Simser is Series 6, 7, 63 & 65 licensed and holds a Life, Accident & Health Insurance license.

Nico Morgia, CFP®

Financial Advisor, Financial Planning Associate

Mr. Morgia began his career in 2013 when he worked for the Bank of NY Mellon in Syracuse, NY. He started as a Securities Processor and was promoted to Workflow in 2015.  While at Bank of NY Mellon, he gained valuable experience in a variety of operational functions.

Nico joined Morgia Wealth Management in 2016 to help individuals, business owners, and philanthropic groups determine their financial goals, offer investment advice and implement personalized solutions. 

He assists with comprehensive financial plans for individuals to help determine retirement savings needs, build long term financial goals and develop retirement spending strategies.

He has his Bachelor of Science in Finance and Business Analytics from LeMoyne College. He currently holds the CFP® designation as well as Series 7 & Series 66 licenses.

Zachary Buskey

Financial Advisor, Portfolio Management Associate

Mr. Buskey was hired by Morgia Wealth Management in 2016 to help individuals, business owners, and philanthropic groups determine their financial goals, offer investment advice and implement personalized solutions. 

He assists the team with fundamental analysis of equity securities as well privately-owned businesses. He also helps retirement plan providers and participants analyze their financial objectives, review their investment options, and provide on-going education to help them prepare for retirement.

Zach graduated from SUNY Jefferson in 2014, where he earned the school’s Outstanding Business Student Award. After SUNY Jefferson, Mr. Buskey transferred to Clarkson University where he graduated in 2015 with a B.S in Financial Information & Analysis.  During his time at Clarkson, Zach was a member of the Student Management Investment Fund and Team Leader for the University’s Adirondack Cup Investment Team.  He holds his Series 7 & 66 licenses as well as having completed levels I & II of the CFA Program.

Heather Clement

Executive Director of Operations & Client Service

Mrs. Clement began her career in 1994 with Merrill Lynch in Rochester, NY as the manager’s assistant and then was promoted to New York City to be an assistant to the National Sales Team.  While in NYC, she was able to learn about the business at the corporate level. Although this was rewarding, she returned to Upstate NY to work directly with clients as a service associate.  Heather worked at Merrill Lynch in Syracuse and Morgan Stanley Smith Barney in Watertown where she supported several financial advisors and gained extensive experience in the operations of a wealth management business.  

Heather joined Morgia Wealth Management in 2011. At HighTower, Mrs. Clement is responsible for overall operations and client service. She manages a wide variety of daily responsibilities on behalf of the team including compliance, human resources and marketing.   She also assists with overall client service and remains a client relationship manager for many of our multigenerational and institutional clients.

Mrs. Clement graduated from SUNY Geneseo with a B.S. in Business Management. She holds Series 7, 63 & 66 licenses.

Andrea Fiorentino

Sr. Registered Client Service Associate

Andrea Fiorentino began her career with Morgia Wealth Management in 2002 at Morgan Stanley Smith Barney.  Her years of experience with the team has allowed her to develop strong relationships with many of our multigenerational, institutional and retirement plan clients.

Andrea’s comprehensive industry knowledge has enabled her to provide assistance to many of our clients with complex issues and helps them simplify all aspects of their financial lives. Her daily responsibilities include, meeting with clients to establish trust accounts, distribute estates, open accounts, transfer accounts, process retirement distributions and handle all client inquiries and requests.

Mrs. Fiorentino is active in the local Parent Teacher Organization. She has her A.S. from SUNY Morrisville and holds Series 7 & 66 licenses.

Katrina Thompson

Client Service Associate

Prior to HighTower, Ms. Thompson worked in the President’s office at Jefferson Community College as a clerical assistant.

She has been with Morgia Wealth Management since 2013.  Due to Katrina’s industry experience, she is able to provide assistance to many of our clients with complex issues and helps them simplify all aspects of their financial lives. Her daily responsibilities include, meeting with clients to establish new accounts, establish trust and estate accounts, transfer accounts, process retirement distributions and handle all client inquiries and requests.

Katrina has Associate Degrees from Jefferson Community College in Office Technologies and in Business Administration and a Bachelor’s Degree in Business Administration from SUNY Potsdam.  She is also a New York State Notary.

Frank Murphy

Director of Trading, Portfolio Management Associate

Mr. Murphy began his analyst career as an accountant at Beaverite Products Inc. in 2004 and has been working with Morgia Wealth Management at HighTower since 2005.

Frank is our lead trader and he is responsible for precisely monitoring the portfolios for position targets, overall asset allocation targets and clients’ cash flow needs. He prepares our financial planning reports and is knowledgeable about budgeting, cash flows and social security planning.  He also utilizes his skills to assist the team in monitoring performance reporting and with tax minimization strategies by helping to reduce taxable gains for clients.

Mr. Murphy has a Bachelor’s Degree in Finance from Oswego State University and he holds his Series 7 & 66 licenses.

Joseph Cosmo

Sr. Analyst, Portfolio Management Associate

Prior to HighTower, Joe worked at NBT Bank in Ogdensburg, NY as a bank teller where he helped clients with their day-to-day banking transactions.

Since joining Morgia Wealth Management in 2014, Joe has been assisting the team by utilizing a wide variety of industry and proprietary resources to gather and analyze equity and overall market data.  He provides a high-level summary of his analysis to the advisors to help them determine buy, hold and sell decisions.

Mr. Cosmo has a Bachelor’s of Science in Economics from LeMoyne College and he holds his Series 7 & 66 licenses.

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