Joseph Masella Named CEO of Pinnacle Capital Management

October 28, 2011


Pinnacle Capital Management has hired Joseph Masella to head the investment management firm. PCM is a wholly owned subsidiary of Pinnacle Holding Company, LLC, the holding company for a diversified group of financial-services companies headquartered in Syracuse, New York. Masella also joined Pinnacle Holding Company’s board of directors.


Masella has extensive experience with mergers, acquisitions, conversions, tender offers, reinsurance and joint ventures based on over 35 years in the life insurance and related financial services industries. This includes completing the first merger ever between New York-domiciled and non-New York domiciled life insurers.


Having served in numerous senior executives positions, his responsibilities have spanned marketing, sales, investments, compliance, legal, corporate governance, government relations and risk management. While involved in product-development, Masella brought the first equity-indexed annuity to market in New York State.


"We are thrilled that Joe has joined us" says Gregg Kidd, CEO of Pinnacle Holding Company, parent of Pinnacle Capital Management. "I have worked closely with him over the years and have always found him to be an out-of-the-box thinker, yet very practical when it comes to implementation".


Masella has served on a number of corporate boards in addition to being actively involved with the committees and boards of various life-insurance industry trade organizations.


A resident of Syracuse, New York, Masella is a U.S. Army veteran and a Phi Beta Kappa graduate of Rutgers, where he earned both bachelors’s and law degrees.


Pinnacle Holding Company, LLC is a Syracuse, New York based financial services firm and parent company of Pinnacle Investments, Pinnacle Capital Management and Confidential Planning.


Since 1995, Pinnacle Investments has grown to become one of the largest independent broker-dealers in Central New York. The firm provides a full range of services including financial planning, wealth management, traditional securities brokerage and employee sponsored retirement plans.


Pinnacle Capital Management is a money management firm catering to Institutions, Pension Funds and High Net-Worth Individuals.


Confidential Planning provides 403(b) retirement solutions to schools and not-for-profit organizations.


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