Retiring Senate Republican leader Oroho joins Nisivoccia

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After announcing he would not seek re-election to the New Jersey Senate this year, Steven Oroho is making his next move.

On April 3, Mount Arlington-based Nisivoccia Wealth Advisors said the outgoing Senate Republican leader joined the firm as a wealth management advisor, bringing more than 17 years of experience to the role, particularly serving high-net-worth individuals and their families.

Oroho, a certified financial planner and certified public accountant, “is an excellent addition” to the top 25 certified public accounting and wealth management firm’s team, said Damien Paumi, a wealth management advisor at Nisivoccia. “His industry experience and client service philosophy align with ours, making the transition seamless.”

He also holds several licenses, including Series 7, Series 66 and Life and Health Insurance Licensed.

In January, Oroho, R-24th District, dropped a bombshell when he unveiled plans to retire from politics at the end of 2023 – just two weeks after announcing his intention to run in November.

“Circumstances have changed and I’ve made a personally difficult decision that I will not be a candidate for re-election,” said Oroho in a statement. “However, I am comfortable that I am making the right decision for my family and me.”

Oroho, in his 16th year in the Legislature and 22nd year in elected office, cited a desire to spend more time with family after a recent battle with an illness. He also said that, as a believer in term limits, he had never planned to serve more than a decade in the Senate.

Oroho could not immediately be reached for comment regarding his new role with Nisivoccia Wealth Advisors.