Albert J. DeLorenzo, Jr., CFP®, AEP®, is the founder of DeLorenzo Financial Planning Associates, a firm he built from the ground up and led for over 35 years. Al began his career in financial services in 1972 with IDS Financial Services and American Express Financial Advisors, where he developed the foundation of knowledge and client-first principles that would define his lifelong approach to advising.
Throughout his career, Al has been guided by a simple philosophy: provide honest, straightforward advice and treat every client like family.
Al has dedicated his professional life to helping individuals and families achieve long-term financial security, with a particular focus on serving educators. He has extensive experience guiding teachers and school professionals through the complexities of pensions, retirement benefits, and estate planning, translating technical concepts into clear, practical strategies tailored to their needs. His dual designations as a Certified Financial Planner® practitioner and Accredited Estate Planner® professional reflect his deep expertise in comprehensive financial and legacy planning.
Known for his personal, relationship-driven approach, Al has built lasting connections with clients—many of whom he has worked with for decades, often across multiple generations. His commitment to consistency, trust, and individualized advice has been the cornerstone of the firm’s reputation in the community.
As part of a carefully planned succession, Al has partnered with Matthew J. Caruso, AIF®, CFP®, ChFC®, who has acquired the practice and will continue serving clients under the DeLorenzo Financial Planning Associates name. Matt is the founder of WealthTrust Financial and brings 20 years of experience with a strong background in fiduciary investment management and comprehensive financial planning, holding the Accredited Investment Fiduciary®, Certified Financial Planner®, and Chartered Financial Consultant® designations.
Over the next two years, Al will remain actively involved in the firm, working closely with Matt to ensure a smooth and thoughtful transition. During this time, he will personally introduce clients to Matt and continue providing guidance, helping to preserve the relationships and level of service clients have come to expect.
Having spent his career helping others prepare for retirement, Al is now beginning that transition himself—while remaining committed to supporting his clients and the continued success of the firm he founded.