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Paladin Research Report For:

Scott Mastocciolo

Westport Private Wealth

8 Wright Street
1st Floor
Westport, CT 06880
203-885-7757

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.

See Disclosures

General Information

Firm Start Year
  • 2026
automated call
  • Yes
CRD#
  • 2808205
Firm CRD#
  • 23131
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
Years of Experience in Financial Services
  • 28
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

Compliance

Registered Representative
  • Yes
Investment Advisor Representative
  • Yes
Acknowledged fiduciary
  • Yes
Compliance Disclosures in Last 5 years
  • I have a clean record
Criminal Disclosures in Last 5 years
  • I have a clean record

Qualifications & Membership

Securities Licenses
  • Series 63, Series 7, Series 65
Insurance and Annuity Licenses
  • Annuity, Life, Variable Life, Long Term Care, Variable Annuity

Firm Information

Assets Managed by Firm
  • $252,000,000
Total Assets Under Management by Advisor
  • $252,000,000

Compensation and Fees

Fee Structure
  • Fee-Based
Compensation Methods
  • Based on Assets, Commissions

Disclosures

PaladinRegistry.com provides referrals to financial professionals. PaladinRegistry.com is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for PaladinRegistry.com to make these referrals, resulting in a conflict of interest.

Additional Detailed Disclosures
https://www.paladinregistry.com/disclosure/1893934/paladinregistry-Westport-Private-Wealth-detailed-disclosure.html