How We Began

In the late '80s and early '90s, Tom Papa and Nick Zizzadoro took their first steps into the world of finance at the prestigious accounting firm, Price Waterhouse. Here, both of them honed their skills and attained their CPA licenses, forging a formidable foundation for what would later become a partnership grounded in expertise and integrity.


By 1994, Tom had shifted his career path to Cowen & Company, a noteworthy broker-dealer and investment bank with a focus on high net worth clients. Not long after, in 1997, Nick joined him, merging their strengths in the Asset Management division amidst the bustling internet boom.


During their daily two-hour commutes into lower Manhattan, deep reflections and fervent discussions were a regular occurrence. They dissected the prevailing Wall Street culture which seemed heavily tilted towards sales, and critically analyzed the biased research reports that were becoming the norm. Moreover, they recognized a significant void in the market: genuine, impartial advice for investors was scarce. This realization ignited a shared desire to establish a financial services firm that was truly independent, a firm dedicated to offering unswayed and beneficial advice to individuals and families.


As the new millennium approached, their career paths took a brief divergence. Following the acquisition of Cowen & Company by Societe Generale and its subsequent transformation to SG Cowen in 1999, Tom transitioned to Goldman Sachs' Private Wealth Management Group, while Nick decided to deepen his expertise, acquiring a host of financial certifications and designations during his time at SG Cowen.


The tragic events of 9/11 served as a profound catalyst, prompting Nick to reevaluate his career trajectory and make the bold decision to leave Wall Street to fulfill their shared vision of helping others through an independent financial services practice. This sense of purpose was deeply echoed by Tom, who, influenced by the significant shifts brought about post 9/11, reunited with Nick a year later.


Their reunion culminated in the creation of OakTrust Wealth Advisors, a venture embodying their dedication to making a tangible difference in people's lives through informed and honest financial guidance. Through OakTrust, they vowed to prioritize their clients' needs above all, offering a sanctuary of transparent and personalized financial advisory services. Their collaborative endeavor represents more than just a business; it is their shared commitment to fostering financial security and well-being for families and individuals, grounded in the principles of trust and objectivity.

Why Choose OakTrust?

  • Independent

    We're independent of Wall Street and not confined to any specific types of investment companies or financial products. Your financial plan will include products and investments from the best available providers in the marketplace.

  • Personal Attention

    You’ll work directly with us (Nick or Tom), the owners of the company, and not with a junior advisor or assistant. We accept a limited number of new clients each year. We’ll know your name by the sound of your voice. 

  • Personal Service

    You’ll call our direct phone lines – no switchboards, no hold times. We’ll answer the phone ourselves. We’ll return your calls and e-mail messages promptly.

  • Balanced Approach

    Investments, insurance, estate and tax planning. We hold multiple certifications and licenses and have experience with all the major components of financial planning. Your plan will be comprised of a balanced and objective approach.

  • We Work Directly For You

    We are fully accountable and work only for you. We are not employees of a Wall Street brokerage firm or insurance company. We’ll work hard to help you pursue your financial goals.