Richard Ceffalio Jr.

Richard Ceffalio has built a noteworthy career as a financial advisor over the last 30 years, focusing on wealth management and financial planning. He founded Providence Private Wealth, which merged with Midwest Wealth Management in 2023. Today, he oversees $800 million in assets and is ranked among the nation's top 10% of advisors. His leadership and expertise have earned him the Outstanding Achievement in Leadership award from Dreams for Kids. Richard was born on June 19, 1972, in Chicago, Illinois, and grew up in an Italian-American family. He attended Notre Dame High School in Niles, where he actively participated in extracurricular activities. His passion for finance led him to DePaul University, where he majored in Finance and minored in Economics, setting the stage for his successful career in the financial industry. Rich Ceffalio began his career in financial services after graduating from DePaul University. He quickly realized his passion for helping individuals manage their financial futures. Over the years, he has been known for his personalized approach to financial advising, focusing on understanding his clients' unique needs and helping them achieve their financial goals. In 2019, he founded Providence Private Wealth to provide personalized financial services. The 2023 merger with Midwest Wealth Management expanded his influence and capabilities, solidifying his status as a top advisor. Currently, he manages an impressive $800 million in assets. Richard's professional success has been recognized within and beyond the financial services industry. He received the Outstanding Achievement in Leadership award from Dreams for Kids, acknowledging his community contributions and professional achievements. He has also served on the National Kidney Foundation and the Columbian Club of Chicago boards, advocating for health and local community initiatives. His expertise has not gone unnoticed, as he was named in Forbes' Best in State list of financial advisors in 2022 and has received the Chairman’s Club honor four times from 2020 to 2023. These accolades reflect his commitment to excellence and leadership in the field. Richard believes in giving back to the community. He has been involved with Elevate Life Church and Toys for Tots and participates in initiatives with the National Kidney Foundation. He is particularly active during Thanksgiving, helping at Meals for the Homeless. In 2023, he participated in a food pantry initiative that assisted families in financial distress. His philanthropic efforts also extend to disaster relief, including donations to victims of the California fires and support for Champions in Christ, a nonprofit aiding individuals with special needs. He lives in Illinois with his wife and their three children. His oldest son works with him at their family-run financial services firm, New Edge. When not working, Rich Ceffalio is an avid sports enthusiast. He completed three marathons in 2024 and conducts regular weight training and CrossFit. He also enjoys boating, fishing, and pickleball. His love for sports cars and outdoor activities provides him relaxation and enjoyment. Travel is a significant part of his life, with Long Beach being a favored destination for him and his family. Richard Ceffalio's, career is distinguished by his commitment to his clients, family, and community. His approach to financial planning and wealth management, combined with his dedication to personal and professional growth, has established him as a respected leader in the financial sector.