08/21/2026
Ivory Wealth Management Names Steven DeMartino Chief Operating Officer and Chief Financial Office
Former TransAct Technologies President and CFO to join the growing Connecticut-based wealth management firm
ESSEX, Conn. — August 17, 2026 — Ivory Wealth Management (IWM), an independent wealth management and retirement plan advisory firm serving clients across the country from offices in Connecticut and New York, today announced that Steven DeMartino, CPA, will join the firm as Chief Operating Officer and Chief Financial Officer, effective October 1, 2026.
DeMartino brings three decades of public-company financial leadership to the role. He spent the majority of his career at TransAct Technologies Incorporated (NASDAQ: TACT), where he served as President and Chief Financial Officer, overseeing finance, operations, and corporate strategy for the publicly traded technology manufacturer. A Certified Public Accountant, DeMartino will lead IWM’s finance function, operational infrastructure, and scaling strategy as the firm continues to expand its advisor base and client footprint.
“Steve is one of the most capable financial executives I know, and adding a leader of his caliber is a signal about where we intend to take this firm,” said Charles Crilly, President of Ivory Wealth Management. “We’ve grown steadily by doing right by our clients and by giving advisors a genuine home. Steve’s job is to make sure the platform underneath that growth is as disciplined and durable as the client work on top of it.”
“IWM has built something rare — a truly independent firm with real momentum and a culture worth protecting,” said DeMartino. “I’m looking forward to bringing public-company rigor to the operating side of the business so that Charles and the advisory team can stay focused on clients.”
DeMartino’s appointment comes during a period of expansion for the firm, which advises on client assets across its wealth management and employer-sponsored retirement plan practices and maintains offices in Essex, Connecticut, and Huntington, New York. In the role, DeMartino will focus on financial reporting and controls, operational efficiency, advisor economics, and the firm’s continued growth and succession planning initiatives.
DeMartino holds an M.B.A. in Finance and Information Technology from the University of Connecticut School of Business and a B.A. in Economics and Accounting from the College of the Holy Cross, where he graduated cm laude, was elected to Phi Beta Kappa, and played varsity baseball. He lives in Durham, Connecticut, with his wife, Kristen.
About Ivory Wealth Management
Ivory Wealth Management is an independent wealth management and retirement plan advisory firm headquartered in Essex, Connecticut, with an additional office in Huntington, New York. The firm serves clients in states across the country, providing comprehensive financial planning, investment management, and employer-sponsored retirement plan advisory services to individuals, families, business owners, and plan sponsors. Learn more at www.ivorywealthmgmt.com.
