Largest Women-Owned Independent RIA in NY’s Capital Region Adds Additional Female Advisors

"When women come together, everything gets better." – Sallie Krawcheck, founder and former CEO of Ellevest

Albany, NY — In a bold move advancing female leadership in wealth management, award winning financial advisors Tiffany Soricelli and Kathleen Godfrey announce the merger of their firms, Virtuoso Asset Management (VAM), with Godfrey Financial Associates Inc. (GFA)—forming the largest woman-owned independent Registered Investment Advisory (RIA) firm in New York State’s Capital Region. “This isn’t about starting something new—it’s about building on what’s already working, and taking it to the next level, for our respective businesses and for our clients,” said Godfrey. “We’re not just merging practices—we’re merging missions.”

A Partnership Rooted in Shared Vision

This partnership marks a broader movement toward gender equity in financial services. Kathleen Godfrey, founder and president of Godfrey Financial Associates, has been a pillar of the business community for decades. A recipient of numerous accolades, including the Capital Region Chamber’s Woman of Excellence award, Godfrey is widely respected for her strategic acumen, mentorship, and long-standing dedication to female financial empowerment.

Soricelli, a 2022 Albany Business Review “40 Under 40” honoree and one of Investopedia’s Top 100 Financial Advisors of 2023, brings a distinctive voice and innovative approach to financial advising.

In addition to Soricelli, Godfrey Financial Associates also recently welcomed Elizabeth Bukowski to their existing all-female team. Bukowski joins the Godfrey team after a decade in the local banking industry.

“Our collaboration is a natural extension of our shared values,” said Godfrey. “Together, we’re not just building a firm—we’re building a legacy that elevates women, empowers our clients, and puts people at the center of every conversation.”

Collaboration Over Competition: A New Model for Leadership

Unlike many mergers driven by scale or profit, this union between Godfrey and Soricelli is built on a foundation of collaboration, mentorship, and a shared vision for the future. Godfrey’s all- female firm offers a strengthened team-based model that prioritizes enhanced client support, fiduciary asset management, and intergenerational wealth planning services.

“In an industry that has traditionally been male-dominated and siloed, we’re flipping the script,” said Godfrey. “We believe that when women lead together, the ripple effects are exponential.

This is about more than just scale—it’s about building a culture where collaboration fuels growth and where clients see themselves reflected in their advisors. We’re leading by example, and modeling what collaboration over competition truly looks like.”

Breaking Barriers, Building Futures

With its headquarters in NY’s Capital Region, Godfrey Financial Associates now stands even more firmly as a leading force for equity and excellence in financial services. Godfrey’s commitment is defined by purpose, representation, and trust. The firm will continue offering full-spectrum financial planning and investment management, with an emphasis on serving women, entrepreneurs, and mission-driven professionals.

“This is about building on our legacy, but it’s also about leadership right now,” said Godfrey. “Women are leading. Clients are evolving. And we are ready to meet that moment with courage, clarity, and commitment.”