CHICAGO, October 10, 2025 — DSWD, LLP (“DSWD”) is pleased to announce a strategic investment by 119th Street Capital, an Indiana-based family office that exclusively invests in privately-owned financial services firms. The investment marks an exciting new chapter for DSWD’s professional service offerings – one that will fuel continued growth, support its people-first culture, and expand its ability to serve clients with excellence.
Since its founding in 2009 by Joseph DeMarco, John Sciaccotta and Rick Wilkens, DSWD has been built with a focus on combining high touch service with a people first approach that makes clients and colleagues feel like family. That philosophy resonated strongly with the 119th Team, who are thrilled to support and contribute to the continuation of DSWD’s success.
“Our partnership with 119th is a significant milestone for our firm, and one for which we are immensely proud,” said John Sciaccotta, Managing Member of DSWD Advisory Group, LLC. “119th shares our belief that building strong relationships and maintaining a people-first culture drives long-term meaningful success. Together, we will continue to grow, not just for the benefit of our clients, but also for our current and future team members who will be instrumental in continuing DSWD’s success far into the future.”
The partnership with 119th provides DSWD with additional resources to expand its team, strengthen its client service capabilities, and pursue opportunities for growth through strategic acquisitions and partnerships while maintaining the culture that has defined the firm since its founding.
“DSWD is exactly the type of firm we are excited to invest in – one that combines strong leadership, clear strategic vision, and a deep commitment to its people, clients, and culture,” said Anthony Contrucci, Managing Partner of 119th Street Capital. “We are thrilled to be able to support their next chapter of growth and to partner with a team that is so aligned with our values and long-term perspective.”