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Scott Mastocciolo

Westport Private Wealth
Scott Mastocciolo
Tel: 203-885-7757 8 Wright Street 1st Floor Westport, CT 06880
Independent Advice. Personal Focus. Lasting Wealth.
About Scott Mastocciolo
For more than 28 years, Scott Mastocciolo has helped individuals and families make the financial decisions that matter most. That runs from building and protecting wealth in their peak earning years to turning a lifetime of savings into steady retirement income. As Co-Founder of Westport Private Wealth, Scott brings experience from some of the industry's most established firms, including Morgan Stanley, Merrill Lynch, Wells Fargo Advisors and Ameriprise. He uses it to run an independent practice built on one idea: advice should be shaped by the client's goals, not by a firm's product shelf.

In 2026, Scott and his partner, Stuart Gollomp, launched Westport Private Wealth as an independent firm affiliated with Osaic. This gives them the freedom to tailor solutions while drawing on the resources of a national wealth management platform.

Scott works closely with successful professionals, business owners and retirees in Fairfield County and beyond. Many come to him with complex, connected questions. How should concentrated stock or business equity fit into a broader portfolio? How can they get the most from employer retirement plans and benefits? In what order should they draw down accounts, with taxes in mind? And how can they protect what they've built for the next generation? His process starts with listening. He then turns each client's priorities into a clear, written plan that brings together investment management, retirement income, risk management and estate planning, in coordination with the client's tax and legal professionals.

Scott's investment approach is disciplined and long-term: diversified portfolios matched to each client's risk tolerance and time horizon, reviewed regularly as markets and life circumstances change. He is registered to serve clients in 18 states and meets with them in person at the firm's Westport office or virtually.
About Westport Private Wealth
Westport Private Wealth is an independent wealth management firm in Westport, Connecticut, co-founded by Scott Mastocciolo and Stuart Gollomp. The firm serves individuals, families and business owners with personalized financial planning, investment management and retirement income strategies. Its advisors draw on decades of combined experience at leading national firms. They chose an independent model so they could put clients' interests first and tailor every recommendation to each client's goals. Through its affiliation with Osaic, one of the nation's largest networks of independent advisors, the firm has institutional-grade technology, research and operational support, while keeping the personal service of a boutique practice. The firm is committed to building long-term relationships grounded in transparency, disciplined planning and service. Securities and investment advisory services are offered through Osaic Wealth, Inc., member FINRA/SIPC.
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General Information
Firm Start Year:

2026

Name of Broker/Dealer:

Fidelity (NFS) and Osaic Wealth, Inc.

States Licensed in:

AZ, CA, CT, DE, FL, GA, IA, IN, KY, MD, NC, NJ, NY, PA, RI, SC, TX, VA

Communities served:

CT, NY, NJ, FL

Number of Years with Current Firm:

1

Work Experience:

Co-Founder & Financial Advisor, Westport Private Wealth (Osaic Wealth, Inc.), 2026 - Present Financial Advisor, Ameriprise Financial Services, LLC, 2020 - 2026 Financial Advisor, Wells Fargo Advisors, 2012 - 2020 Financial Advisor, Merrill Lynch, Pierce, Fenner & Smith Inc., 2002 - 2012 Financial Advisor, Morgan Stanley Dean Witter, 1998 - 2002

Work with the following types of clients:

Non-Profit Organizations, Individual Investors, Investment Clubs, Businesses

Foreign Languages Serviced:

English

Advisory Services Provided:

Investment Advice & Management, Insurance Products & Annuities, Financial Planning, Retirement Planning, 401K Rollovers, Wealth Management, Money Management, Risk Management, Education Funding and Planning, Financial Planning for Individuals, Portfolio Management

Qualifications & Memberships
Insurance and Annuity Licenses:

Annuity, Life, Variable Life, Long Term Care, Variable Annuity

Services
Investment Types:

Stocks, Bonds, Options & Futures, Mutual Funds, Annuities, Alternative Investments, Exchange Traded Funds (ETFs), Commodities, Insurance, Socially Responsible Investments (SRI)

I provide a free initial consultation:

Yes

Preferred meeting methods
Can meet clients in the following ways:

Our Office, Email, Phone, Video Conference

Compensation and Fees
Fee Structure:

Fee-Based

Compensation Methods:

Based on Assets, Commissions

Firm Information
Assets Managed by Firm:

$252,000,000

Total Assets Under Management by Advisor:

$252,000,000

Financial Planning for Individuals
Good decisions start with a clear picture. Scott's planning process looks at your whole financial life: cash flow, savings, employer benefits, investments, insurance, education funding and long-term goals. Together you'll set priorities, identify gaps and build a written plan with practical next steps. Whether you're advancing in your career, managing equity compensation or preparing for a major life change, your plan is reviewed regularly and updated as your goals change.
Portfolio Management
Your portfolio should reflect your goals, timeline and comfort with risk, not market headlines. Scott builds diversified portfolios from a disciplined, long-term framework, matching each allocation to your income needs, time horizon and other holdings. Ongoing monitoring, regular rebalancing and attention to tax-efficient placement of assets help keep your strategy on track as markets and your life change. You get clear reporting and regular reviews, so you always understand what you own and why.
Retirement Planning
Retirement is more than a number. It's a shift from building wealth to living on it. Scott helps pre-retirees and retirees plan when and how to retire, from Social Security timing and pension elections to 401(k) rollovers and the order in which accounts are drawn down. Each plan is designed to create sustainable income, prepare for healthcare and longevity costs, and adapt as circumstances change. The goal is to make decisions with clarity and confidence before and throughout retirement.
Tax Advice and Services
Taxes are among the largest expenses investors face, and good planning can help manage their impact. Scott builds tax awareness into each strategy, including asset location, tax-loss harvesting opportunities, retirement withdrawal order, Roth conversion analysis and charitable giving strategies. He works directly with your CPA or tax professional so investment and tax decisions are coordinated throughout the year. Osaic and its representatives do not provide tax or legal advice; please consult your tax professional regarding your specific situation.
Wealth Management
Significant wealth brings complexity: concentrated positions, business interests, multiple account types and goals that span generations. Scott's wealth management approach brings investments, retirement, risk management and estate considerations together under one coordinated strategy. Working alongside your CPA and estate attorney, he helps make sure every part of your financial life works toward the same objectives. The result is a single, holistic plan built around your priorities and the legacy you want to leave.
401K Rollovers
I work exclusively with my clients who are retiring or pre retirees to make sure they have a secure retirement plan
28 Years of Experience
Compliance
Registered RepresentativeYes
Investment Advisor RepresentativeYes
Acknowledged fiduciaryYes
Compliance Disclosures in Last 5 yearsI have a clean record
Criminal Disclosures in Last 5 yearsI have a clean record
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