Michael Tedone, CPA/PFS, is partner and chief financial officer of Connecticut Wealth Management (CTWM). He oversees the firm’s finances, which have over $3.5 billion in assets under management. Tedone leads the development and expansion of the finance department and has also worked to build a succession plan for the firm.
Through his leadership, Tedone ensures the firm’s ongoing success and growth.
What have been your biggest professional accomplishments over the past year?
My biggest professional accomplishment is helping to grow the firm, both in terms of its people and assets under management. We are nothing without our teammates and our clients, and it has been a privilege to work so closely on initiatives that help to drive growth and better experiences for both.
In addition to navigating my own firm’s merger with CTWM, I have spearheaded the charge on three additional mergers. This has helped us to grow not only our firm’s footprint but, more importantly, to positively impact the lives of more people in the surrounding community.
In what ways are you involved in the community?
I serve on the board of the Boys & Girls Club of Hartford, as well as the human resources committee. I am involved with charitable organizations CTWM supports, such as The Bridge Family Center, Hartford Youth Scholars and United Negro College Fund.
On the job
Guiding business principle: Hire great people and provide them with the proper resources and support, and their accomplishments will be extraordinary.
Best way to keep your competitive edge: Constantly finding ways to adapt and innovate while staying true to my values
Best business decision: Becoming a partner in Connecticut Wealth Management
Goal yet to be achieved: Transferring the CFO role to my talented teammate and assuring he has the knowledge base to succeed.
Personal touch in your office: Our Trackman golf simulator is the perfect way to relax and connect.
Personal side
Place of residence: Wethersfield
Favorite way to relax: Golf
Hobbies: Golf and reading
Last vacation: The Whistling Straits Golf Course in Sheboygan, Wisconsin
Favorite movie: “The Godfather”
The car you drive: BMW X5
Currently reading: “Elon Musk,” by Walter Isaacson
Favorite cause: The Boys & Girls Club of Hartford