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About Us



We are committed to maintaining the highest standards of integrity and professionalism in our relationship with you, our client. We endeavor to know and understand your financial situation and provide you with only the highest quality information, services, and products to help you reach your goals.



Inadequate planning leads to millions of dollars lost each year by taxpayers. Devassy Asset Management, LLC ensures a unique collaboration with highly qualified estate-planning attorneys, actuaries, asset protection attorneys and CPAs specialized in tax planning. Meaning we are able to provide you with the most appropriate strategies to reduce your taxes.

When you work with us, we make sure that your Social Security income is maximized, so that your savings and insurance, investments, and legacy are on solid footing.



We are a full-service financial firm committed to helping people pursue their financial goals. We offer a wide range of financial products and services to individuals and business owners. You will be able to better identify your goals and the help you need to reach them by providing sound financial information.

We know that our qualified agents will use their extensive personal and professional experience to ensure that all of your needs are met. Our agents hold various professional designations, and qualified representatives are licensed to sell a variety of investment and insurance products.

One of the benefits of working with us is our ability to provide clear, easily understood explanations of financial products and services. The personalized program that we can provide is a roadmap to working toward a more secure financial future.

We’re looking forward to using our expertise to help you pursue your financial goals.




Tony Devassy, CFP®, Financial Advisor of Devassy Asset Management, LLC, has over 35 years of experience providing excellent financial advice to his clients. From 1983 to 2003, he served as a financial advisor with American Express Financial Advisors, Inc., where he was recognized for outstanding service to his customers and his community.

While at American Express, Tony was the recipient of the Great Citizen Award in 2000. The award, presented to only 150 employees out of 100,000 worldwide, recognizes exemplary service to one’s community and clients. American Express also awarded Tony with the Financial Advisors President Recognition in 2000 for Advanced Quality Advice. He was selected as a member of the elite Advanced Advisor Group, Silver Team in 1998. Since 2003 onwards, Tony has been working as an independent financial advisor.

Tony served as a board member for the St. Joseph Hospital Foundation of Joliet, IL for eight years, and as a board member of the World-India Diabetes Foundation of Rochester, MN. He is the Chartered President of Care & Share, an International Charitable Organization, which raises thousands of dollars for needy children and families.

Tony is married to Dr. Elsy Devassy, who is a practicing psychiatrist in Lockport, IL. Together with their three daughters, sons-in-law, and two grandchildren, they enjoy traveling, fishing and staying involved in their community and various charitable organizations. Tony and his family have been residents of Homer Glen, IL since 1989.

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