Our Story

Like many successful executives and corporate employees, you’re pleased to be accumulating significant wealth for you and your family, yet navigating the complexities of managing your collective assets is becoming overwhelming. 

At The Maddalena Group, we are a team of seasoned professionals who has spent our entire careers working with executives -- as well as retirement and stock plan participants -- just like you. 

We understand the level of sophistication you expect, and have developed the knowledge and best practices needed to optimize your wealth and integrate outside assets into a holistic wealth management plan. Above all, we are committed to building longstanding relationships and are proud of the fact that many of our clients have been with us for more than 25 years.

Money, in and of itself, does not always create the skills to manage it effectively. Our mission is to empower you to make informed and confident decisions on any financial challenge you face. We know how hard you are working to achieve your goals, and will work even harder to ensure your wealth will lead to continued prosperity.
Services Include
  • Asset Management1
  • Executive Financial Services2
  • Stock Option Plans3
  • Professional Portfolio Management4
  • Financial Planning5
  • Estate Planning Strategies6
  • Trust Services*
  • Wealth Consulting
  • Retirement Planning7
  • Art Advisory8
  • Institutional Services
Check the background of Our Firm and Investment Professional on FINRA's BrokerCheck.*

Working With You

Our clients are much more than a portfolio of assets - they are people with complex lives, who seek a team of seasoned advisors who provide thorough and unbiased guidance on a full range of financial topics. At The Maddalena Group, we are passionate about helping you reach your goals, which is reflected in the core values that serve as the foundation of our practice:

• Integrated Strategies. We believe retirement assets, equity compensation and insurance policies should not be managed as separate entities, but as vital components of your overall financial picture. As experienced advisors at Morgan Stanley -- one of the world’s largest financial firms -- we are positioned to take a holistic approach to executive wealth management. All of your assets, including the benefits you receive from your employer, will be integrated to ensure they are working synergistically to help meet your overall goals

• An Institutional Approach. Our exposure to a diverse range of individual, corporate and institutional clients informs our guidance and enables us to incorporate a sophisticated investment framework that offers fresh, strategic ideas that challenge conventional solutions, maximize savings and optimize long-term results.

• A Focus on Education. Financial education leads to better insights into our investment approach, and ultimately, the potential for better long-term results. We are committed to providing ongoing education. We take pride in our ability to take complex strategies and effectively communicate them using easy-to-understand language and examples.

• Service Excellence. We provide the personalized service you would expect from an investment boutique with the resources of a major global firm. Your satisfaction is our priority. When it comes to service, we provide comprehensive solutions, striving to be a trusted resource for any financial or life decision.

    Our Clients

    Over the past three decades, we have developed a strong and active practice that includes a broad range of clients who need professional guidance with the following activities:

    • Integrating their retirement assets and executive benefits provided by their company into their overall investment strategy
    • Minimizing taxes through advanced asset management solutions
    • Approaching a life-changing event with confidence, such as the transition to retirement, the sale of a business or the loss of a spouse
    • Financing a major acquisition, including the purchase of a new property or expansion of a business
    • Achieving long-term charitable and philanthropic goals

    Our clients include:

    • Corporate executives
    • 401(k) retirement plan and stock plan participants
    • Business owners and entrepreneurs
    • Lawyers and medical professionals
    • Multi-generational private wealth families
    • Corporations, institutions and endowments

    While each client has a unique personal and professional situation, collectively they all have one thing in common: they are focused on achieving very specific financial goals, so they may secure their family’s financial future and focus on the areas of their life that bring them joy, meaning and purpose.

      Community Involvement

      At The Maddalena Group, our commitment to helping clients achieve their financial goals and aspirations is equaled only by our dedication to family and our local communities. Through a variety of collaborative efforts, we are deeply engaged in creating a better and brighter future.

      Collectively and individually, our team serves vital organizations that include:

      • Anti-Defamation League
      • Friends of Copland House
      • Neuberger Museum of Art
      • Usonia Historic District
      • Westchester County Association

      Morgan Stanley’s culture of global citizenship is something we embrace locally by leveraging our global resources in the communities where we do business. The firm invests in children’s health initiatives along with education, diversity and cultural programs that better our people and society. We are proud to be members of the Morgan Stanley family and carry on the firm’s 80+ year tradition.

        Location

        2000 Westchester Ave 1nc
        Purchase, NY 10577
        US
        Direct:
        (914) 225-6774(914) 225-6774
        Toll Free:
        (888) 849-0287(888) 849-0287

        Meet The Maddalena Group

        Photo of Alexander S. Pugatch

        Alexander S. Pugatch, CIMA®, CFP®, CPWA®

        First Vice President, Financial Advisor, Senior Portfolio Manager, Executive Financial Services Director

        Phone:
        (914) 225-8887(914) 225-8887

        About Me

        As Managing Director and founding partner of The Maddalena Group, Tony is proud to be a vital member of the firm’s history and its predecessor brands for nearly 30 years. He has dedicated his entire career to serving the sophisticated needs of institutional, corporate, and private wealth clients.

        When forming The Maddalena Group, Tony had the vision to bring together a unique team of financial professionals, combining wealth management experience with institutional expertise. He also had the foresight to establish his Group within Morgan Stanley’s national headquarters, providing immediate access to the firm’s thought leaders and analysts.

        These early decisions led Tony to build and grow a prominent team of seasoned wealth management professionals who serve clients domestically and around the world. Today, he continues to bring leadership and strategic vision to marshal the resources within his Group and within Morgan Stanley to ensure every client receives an integrated, customized solution that is designed to achieve each individual’s specific goals.

        A lifetime resident of Westchester County, Tony is a graduate of Fordham University, with M.B.A. and B.A. degrees in International Political Economic Development. He has also successfully completed the Senior Account Executive program at the University of Pennsylvania’s Wharton School.

        Passionate about the arts, Tony sits on the boards of the Neuberger Museum of Art, Friends of Copland House, and Friends of The Glass House in New Canaan, Connecticut. Additionally, he serves on the Board of Directors for The Westchester County Association and the Italian American forum. Tony also served on Morgan Stanley's Diversity and Inclusion Counsel.
        Securities Agent: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY; Investment Advisor Representative; General Securities Representative; Transactional Futures/Commodities; Managed Futures
        NMLS#: 1282879

        About Me

        With more than 12 years of financial services experience, Alex is an Executive Financial Services Director and Senior Portfolio Manager for The Maddalena Group. As a Financial Planning Specialist, he helps corporate executives, family offices, and high net worth individuals understand, preserve, and build their wealth, so they may make more informed and confident decisions in achieving their long-term goals.

        Prior to joining Morgan Stanley, Alex worked at Bank of America Merrill Lynch in the firm’s Institutional Fixed Income division, covering hedge funds, asset managers, and proprietary trading desks. He joined The Maddalena Group for the opportunity to share his institutional knowledge with individuals and families, and to have the opportunity to build more personal relationships with his clients.

        Alex earned his B.S. in Commerce from the McIntire School of Commerce at the University of Virginia, concentrating in Finance and Accounting and his M.B.A. from Columbia Business School, majoring in Finance and Real Estate and graduating with Dean’s Honors. He earned his Certified Private Wealth Advisor® certification in 2018, his Certified Investment Management Analyst® certification in 2017, and his CERTIFIED FINANCIAL PLANNER™ certification in 2016. He is a member of the Financial Planning Association of New York.

        Originally from Baltimore, Maryland, Alex currently resides with his wife, son, and daughter in Armonk, New York. In his free time, he enjoys playing golf, tennis, and spending time with his family.
        Securities Agent: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY; Investment Advisor Representative; General Securities Representative; Transactional Futures/Commodities; Managed Futures
        NMLS#: 1285416

        About Me

        With more than 10 years of wealth management experience, Larry concentrates on helping corporate executives and business owners build and preserve their wealth, while achieving financial security. His disciplined approach includes the development of a comprehensive financial plan that combines wealth accumulation strategies and risk management techniques to help each client produce a well-rounded solution for maintaining financial independence through every one of life’s important milestones.

        Larry began his career as a Financial Consultant at New York Life and AXA Advisors, learning and expanding his knowledge about investments and risk management. He joined The Maddalena Group in 2009 and has been a vital member of the Group ever since. As a Financial Advisor, Larry enjoys educating clients not only about the importance of protecting and growing their assets, but also on how to accomplish their goals in a tax- and risk-efficient manner.

        Throughout his career, Larry has been committed to professional development. This enables him to remain on the forefront of the latest and most effective wealth management strategies and deliver a more powerful client experience. A graduate of Hamilton College, Larry earned his Chartered Retirement Plans SpecialistSM designation in 2013 and his CERTIFIED FINANICAL PLANNINGTM designation in 2015. He is a member of the Financial Planning Association of New York.

        In his personal time, Larry has committed himself to the continued civil rights movement, fighting anti-Semitism and helping to secure fair treatment to all. He is a member of the New York Regional Board of the Anti-Defamation League and the Chairman of ADL’s Westchester Advisory Committee. Born and raised in Manhattan, Larry now lives in Chappaqua with his wife and two daughters.
        Securities Agent: AZ, CA, CO, CT, DE, FL, GA, IA, IL, MD, ME, MS, NC, NJ, NV, NY, PA, PR, RI, SC, TN, TX, UT, VA; Investment Advisor Representative; General Securities Representative
        NMLS#: 1290449

        About Me

        An experienced professional with more than 18 years of industry experience, Juan is dedicated to providing customized advice and investment strategies to high net worth individuals, families, and institutions residing in Latin America. He is a member of Morgan Stanley’s Fixed Income and Equity Middle Markets Group, covering pension funds and asset managers. He is also one of a select group of advisors at the firm who have earned the International Client Advisor (ICA) designation.

        Prior to joining Morgan Stanley in 2011, Juan was a Vice President at J.P. Morgan, where he led a group of global investment specialists focused on strategies for Mexican clients. He was also an Associate Director at UBS AG, assisting clients in Mexico, Brazil, and Venezuela.

        As an International Client Advisor, Juan works diligently with his clients to take complex financial concepts and effectively communicate them using simple language and easy-to-understand examples. He is a multi-linguist, fluent in Spanish, English, and Portuguese, and concentrates on helping his clients oversee and manage their finances, so they may enjoy the wealth they have created.

        Juan has a diverse educational background, including a law degree from the Catholic University of Uruguay and an M.B.A. from the University of Chicago’s School of Business. He currently lives in Miami, Florida.
        Securities Agent: CA, CT, DC, FL, IL, MA, NJ, NY, OH, PA, PR, TX, WY; Investment Advisor Representative; General Securities Representative
        NMLS#: 1331967

        About Me

        As a Financial Planning Specialist and Financial Advisor at The Maddalena Group, Angela is focused on helping professionals, retirees, and multi-generational families solve their financial challenges.  With an emphasis on financial planning, Angela’s comprehensive approach includes a thorough planning process and a commitment to providing an exceptional client experience.

        Angela joined Morgan Stanley in 2012, working in a variety of roles within the firm’s Rotational Analyst Program, including Morgan Stanley’s Mutual Fund and ETF Due Diligence group and the firm’s Client Development Group, which focuses on serving the needs of ultra high net worth clients.  She joined The Maddalena Group in 2014 as a Wealth Advisor Associate.  With the support of her colleagues, Angela soon entered the firm’s Financial Advisor Associate Program.  She proudly graduated from the program in 2016, expanding her knowledge and capabilities to assist her clients in achieving their specific financial objectives.

        Growing up in North Salem, Angela earned her B.B.A in Finance and a B.A. in Math, graduating Summa Cum Laude from Iona College’s Honors Program.  She continues to reside in Westchester and enjoys coaching youth soccer, playing soccer, running, cooking, and giving back to her community at her local parish.
        Securities Agent: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY; Investment Advisor Representative; General Securities Representative
        NMLS#: 1479438

        About Me

        A seasoned wealth management professional for more than three decades, Charles is the Director of Investments and the Chief Portfolio Manager for The Maddalena Group. In this important role, he is responsible for the oversight and management of client assets, seeking to maximize risk-adjusted returns. His disciplined approach includes constructing and presenting detailed wealth analysis plans, as well as the implementation, monitoring, and rebalancing of custom-tailored investment models.Charles began his financial services career in 1984 as the Assistant Controller of the City of Boston, where he managed the city’s pension fund. He then joined Avatar Associates in 1988 as Vice Chairman and Head of Security Selection, working alongside Wall Street legend Dr. Martin Zweig, and appearing frequently on CNBC and Bloomberg television and radio to provide market perspectives. Most recently, Charles was the Chief Strategist and Portfolio Manager for Thomas Lloyd Funds. He joined The Maddalena Group in 2009.Charles holds both undergraduate and graduate degrees from Boston University, where he earned a B.S./B.A. in Finance and later earned an M.B.A. in Public Management and Finance. Charles lives with his wife in Greenwich, CT and has twin boys.

        About Me

        Drawing on more than 16 years of financial services experience, Anthony is a Group Director for The Maddalena Group. He is responsible for client service and the overall management of the Group’s operations. He enjoys working directly with clients and strives to ensure every client has an excellent service experience.Throughout his career, Anthony has continuously worked hard, growing and learning the ins and outs of the financial industry. Starting in the Purchase and Sales Department at First Albany Corporation in 2000, Anthony worked his way up to Assistant Market Maker, trading institutional order flow. In 2004, he joined UBS Securities as an Assistant Sales Trader on the Broker Dealer Sales Desk. He moved to Global Equity Sales in 2009 for I.A. Englander & Co and became a member of the Morgan Stanley family two years later at the firm’s Southern Connecticut Complex as a Senior Registered Associate. It is here where he was recognized for customer service and operational procedures.Anthony graduated from Manhattan College with a B.S. degree in Finance and Management and holds his FINRA Series 7, 63, 55, 9 and 10 licenses. A resident of Westchester, NY, Anthony serves as President of the Board of his homeowner’s association.

        About Me

        As a Senior Registered Associate for The Maddalena Group, Matt is often the first line of contact for clients on a wide array of operational and administrative services. He is always available to assist with updates on existing accounts, requests for funds disbursements, scheduling appointments, and other related tasks. He assists the Group’s Financial Advisors in creating performance reports for client appointments and in implementing the decisions made in client meetings.A 2011 graduate of Springfield College with a B.S. degree in Business Management, Matt began his financial services career at Morgan Stanley that same year. He currently holds his FINRA Series 7 and Series 66 securities licenses.Matt currently resides in South Norwalk, Connecticut with his wife, Michele. In his free time he enjoys playing in his summer softball league and hiking.

        About Me

        Hubert joined The Maddalena Group in 2013. As a Registered Client Service Associate, he works closely with the team’s Middle Markets Group, providing trade and settlement support to the Group’s institutional clients. He is also responsible for providing account servicing support for the Group’s wealth management clientele, helping to maintain a thorough understanding of each client’s specific priorities and executing their requests efficiently and effectively.A graduate of the University of North Carolina at Chapel Hill with a B.A. degree in Political Science, Hubert holds his FINRA Series 7 and 66 licenses. His favorite activities and hobbies include exploring New York City, attending concerts and sporting events, golfing, and traveling to unfamiliar destinations.He is a member of the Westchester County Association’s Young Professionals Group, and currently resides in Manhattan.

        About Me

        With 10 years of market and investment experience, Jervis joins the Maddalena Group as a Portfolio Management Associate.  Jervis’s roles are execution of the group’s investment strategies, portfolio analytics, investment research, and support the team in all matters of its investment process. Prior to joining The Maddalena Group, he served as an investment officer at Focused Wealth Management where he helped to develop and manage the team’s equity and fixed income strategies. Jervis began his career at BNY Mellon in the exchange-traded-funds group. His responsibilities included variance analysis of portfolios compared to index benchmarks and initializing daily portfolio re-balances. The funds he covered were and continue to be some of the most widely traded ETFs in the marketplace. For his work, he was awarded the BNY Mellon Asset Servicing Outstanding Performance Award. He then joined Vastardis Capital Services in New York City where his focus was in risk management, performance analysis, and implementing hedging strategies for his fund of hedge fund and university endowment clients. His experience spans across multiple investment products including equities, fixed income, futures, options, OTC swaps and foreign currency forwards. Jervis holds his FINRA Series 7, 63, and 65 licenses. He received his B.A. in Economics from Emory University and is fluent in Mandarin Chinese.  Jervis resides with his wife in Orange County, NY.
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