Richard Ceffalio Jr.

Richard Ceffalio Jr. is a highly experienced financial advisor with more than 30 years in wealth management and financial planning. As the founder of Providence Private Wealth, he played a crucial role in its growth before leading its merger with Midwest Wealth Management in 2023. Now managing $800 million in assets, he is recognized among the country's top 10% of advisors. His expertise and leadership have earned him multiple accolades, including the Outstanding Achievement in Leadership award from Dreams for Kids. Born into an Italian-American family in Chicago, Illinois, on June 19, 1972, he was raised with strong values of hard work and perseverance. Rich Ceffalio attended Notre Dame High School in Niles, Illinois, where he actively engaged in student life and extracurricular activities. His passion for finance led him to DePaul University in Chicago, where he earned a degree in Finance with a minor in Economics, providing him with the knowledge and foundation for his future in financial services. After completing his education, he began his career in financial advising, quickly discovering a strong commitment to helping individuals plan for their financial futures. His approach has always been centered on understanding each client’s unique goals and offering customized strategies to help them achieve financial security. Over the years, his dedication to personalized service has allowed him to build long-lasting client relationships based on trust and transparency. In 2019, he took a significant step in his career by establishing Providence Private Wealth, a firm dedicated to delivering tailored financial solutions. The firm gained a strong reputation for its client-focused approach, leading to its merger with Midwest Wealth Management in 2023. This expansion further solidified his influence in the industry, allowing him to manage an extensive asset portfolio of $800 million.