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NEW YORK, NY–(Marketwired – May 25, 2016) – 

  • Capital Management Group is a comprehensive financial services firm with $1B assets under advisement and headquartered in New York
  • Cracchiola has been with AXA Advisors, LLC for twenty nine years

Capital Management Group, a comprehensive financial services firm with $1B assets under advisement* and headquartered in New York, NY, today announced the appointment of Philip Cracchiola to their financial team. Philip’s appointment underlines the firm’s strong commitment to continue to establish itself as a world-class provider of personalized, creative and comprehensive wealth management and financial strategies.

“This is an exciting time for Capital Management Group. Our wealth management business is robust and I am extremely confident in the team we have in place,” said Mr. Cracchiola. “Clients today are redefining wealth creation, and our level of service coupled with our personalized approach perfectly positions our firm to help clients succeed at every step in their financial journey.”

Cracchiola has been with AXA Advisors, LLC for twenty nine years as a financial consultant, where he has focused on long-term strategic financial and retirement planning strategies, insurance, and wealth management. As Financial Professionals with Capital Management Group are registered with AXA Advisors, Cracchiola will continue to service and retain his clients.

“Philip’s experience and proven track record in long-term financial planning and expanding strategic partnerships, paired with his vast knowledge in the retirement industry, products and wealth management will be instrumental in driving our growth strategy over the coming years,” said Thomas Mingone, Founder and Managing Partner of Capital Management Group of New York. “His transition into Capital Management Group will no doubt be seamless for both Philip and his clients, because our client-centered approach is one he’s already been practicing for years. We are looking forward to Philip’s contribution to the creative and intellectual process we have harbored since our inception.”

Cracchiola holds FINRA Series 6, 63 and 65 securities registration licenses as well as Life, Health, and Disability Income insurance licenses. During his illustrious career with AXA, Cracchiola has been recognized with many awards and accolades, including membership into AXA Equitable Hall of Fame, AXA Gold Award, Veteran Service Award and many others

For more information about Capital Management Group, visit For press inquiries, email

About Capital Management Group of New York

Capital Management Group of New York is a comprehensive financial services firm headquartered in New York, NY, that has been serving high new worth investors and their families for nearly 25 years. Financial professionals with Capital Management Group of New York are registered representatives offering securities through AXA Advisors, LLC.

As comprehensive wealth managers they implement a balanced approach to wealth management by integrating tax-advantaged investing, asset allocation, protection planning, charitable gifting, legacy and estate planning strategies, and more into their clients’ financial plans. For more information on Capital Management Group of New York, please visit

Investment advisory products and services are offered through AXA Advisors, LLC, an investment advisor registered with the SEC. Insurance and annuity products are offered through AXA Network, LLC. Capital Management Group, AXA Advisors and AXA Network do not provide tax or legal advice. Capital Management Group is not a registered investment advisor, and is not owned or operated by AXA Advisors or AXA Network.

This press release was originally approved for use in May 2016 as PPG-114657 and certain references within this release have since changed. For more current information please contact Capital Management Group.