First Northern Advisors, the wealth management division of First Northern Bank, has announced the acquisition of Beacon Wealth Strategies, an independent financial advisory firm founded by Tom Cicchini. This strategic move strengthens First Northern Bank’s wealth management platform while ensuring Beacon Wealth Strategies’ clients continue to receive the personalized financial guidance they have relied on for years.
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The acquisition reflects First Northern Bank’s commitment to expanding its advisory capabilities and growing its assets under management while preserving the client-focused approach that both firms share. Beacon Wealth Strategies has earned a strong reputation for delivering tailored financial planning and investment advice, and the transition is designed to maintain that same level of trust, service, and personalized attention.
As part of the transition, Tom Cicchini will join First Northern Advisors and work closely with clients and the advisory team ahead of his planned retirement on June 30, 2026. His involvement during this period ensures a smooth handover and continuity of service, allowing clients to remain confident in their financial strategies and long-term plans. First Northern Advisors’ experienced team will continue to support these clients, providing consistent guidance and access to comprehensive wealth management resources.
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Clients’ accounts will continue to be managed through Raymond James, ensuring stability and uninterrupted access to investment solutions and financial tools. This continuity reinforces First Northern Bank’s dedication to maintaining strong client relationships while enhancing its overall service offering.
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The acquisition highlights First Northern Bank’s broader strategy to grow its wealth management services and deliver greater value to clients. By integrating Beacon Wealth Strategies into its advisory division, the bank is strengthening its position as a trusted financial partner while continuing to focus on personalized service, long-term financial planning, and innovative wealth management solutions.
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