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BANKING & FINANCE BOOK OF LISTS 2020 | 31 Largest registered investment advisory firms in Greater Hartford (Ranked by number of local investment advisors as of January 2019) Rank Firm No. of local investment advisors Local assets under management Total no. of investment advisors Total assets under management Top local executive(s) Headquarters Year founded 1 Webster Investments (a) 64 S. Main St. Wallingford, CT 06492 203-741-6580; public.websteronline.com 48 $2,300,000,000 55 $3,200,000,000 John Olerio SVP & director Waterbury, CT 1995 2 Fiduciary Investment Advisors 100 Northfield Drive, 4th Floor Windsor, CT 06095 860-683-1187; www.fiallc.com 18 $1,474,000,000 23 $1,474,000,000 Mark Wetzel President Windsor, CT 2006 3 YHB Investment Advisors Inc. 29 South Main St., Suite 306 West Hartford, CT 06107 860-561-7050; www.yhbia.com 14 $1,333,660,363 14 $1,333,660,363 Paul R. Martel President Mark W. Everette CEO West Hartford, CT 1989 4 Northstar Wealth Partners (b) 433 South Main St., Suite 322 West Hartford, CT 06110 888-886-7737; www.northstarwealthpartners.com, www.nstarwp.com 13 $1,093,733,429 13 $1,093,733,429 Robert Laraia Founding partner West Hartford, CT 2009 5 Bradley, Foster & Sargent Inc. City Place II, 185 Asylum St. Hartford, CT 06103 860-527-8050; www.bfsinvest.com 11 $2,300,000,000 11 $3,800,000,000 Steven L. Willcox President & CEO Hartford, CT 1994 6 3D Asset Management Inc. (c) 100 Constitution Plaza, Suite 700 Hartford, CT 06103 860-291-1998; www.3dadvisor.com 10 $865,000,000 16 $865,000,000 John O'Connor President Hartford, CT 2006 7 Connecticut Wealth Management LLC 281 Farmington Ave. Farmington, CT 06032 860-470-0290; www.ctwealthmgmt.com 10 $701,254,330 10 $701,254,330 Kevin C. Leahy President & CEO Farmington, CT 2010 8 MJP Wealth Advisors 790 Farmington Ave., Building 3 Farmington, CT 06032 860-677-7755; www.mjpwealthadvisors.com 10 $433,325,000 10 $433,325,000 Brian Vendig President & managing executive Farmington, CT 1981 9 Private Capital Group LLC 29 S. Main St. West Hartford, CT 06107 860-561-1162; www.pcgct.com 8 $1,100,000,000 9 $1,100,000,000 Benjamin Kille William Rabbit Founders West Hartford, CT 2003 10 GYL Financial Synergies LLC (d) 65 Memorial Road, Suite 530 West Hartford, CT 06107 844-248-9998; gylfinsyn.com 8 DND 25 $3,826,137,235 Gerald Goldberg CEO Jonathan Yolles Chief investment officer West Hartford, CT 2014 11 Resources Management Corp. 433 South Main St., Suite 200 West Hartford, CT 06110 860-561-1245; resourcesmanagementcorp.com 7 $701,700,000 7 $701,700,000 Michael W. Herlihy President & CEO West Hartford, CT 1983 12 Smith Bros. Financial LLC 68 National Drive Glastonbury, CT 06033 860-430-3299; www.smithbrothersfs.com 6 $496,000,000 6 $496,000,000 Stephen Michaels Financial advisor Glastonbury, CT 2005 13 Karn Couzens & Associates Inc. 10 Melrose Drive Farmington, CT 06032 860-676-2727; karncouzens.com 6 $415,181,153 6 $415,181,153 Robert A. Karn Principal Jeffrey Couzens Vice president Farmington, CT 1987 14 USI Advisors Inc. (e) 95 Glastonbury Blvd., Suite 102 Glastonbury, CT 06033 860-633-5283; www.usiadvisorsinc.com 4 $895,896,512 22 $20,014,811,850 Michael Welz President & chief investment officer Glastonbury, CT 1981 15 Essex Financial (f) 10 Waterside Drive, Suite 100 Farmington, CT 06032 860-404-5998 4 DND 18 $2,800,000,000 Charles Cumello President Essex, CT 2003 16 Constitution Group of Wells Fargo Advisors 180 Glastonbury Blvd., Suite 100 Glastonbury, CT 06033 860-368-6932 3 $900,000,000 3 $900,000,000 Arthur B. Sullivan Thomas A. Ragonese Managing director & investment officers St. Louis, MO 2010 17 Hooker & Holcombe 65 LaSalle Road West Hartford, CT 06107 860-521-8400; www.hhconsultants.com 3 $490,400,000 3 $490,400,000 Rodger K. Metzger President & chief investment officer, Investment Advisory Group West Hartford, CT 1996 18 SKY Investment Group LLC One Financial Plaza, Suite 1210 Hartford, CT 06103 860-761-9700; www.skyig.com 3 $414,508,928 3 $414,508,928 Robert Bingham President & chief investment officer Hartford, CT 2005 19 Robert Hensley & Associates 10 Avon Meadow Lane, Suite 1 Avon, CT 06001 860-678-1090; hensleyassociates.com 3 $102,000,000 3 $102,000,000 Robert S. Hensley Managing member Avon, CT 1991 20 Hammond Iles Wealth Advisors 100 Great Meadow Road, Suite 701 Wethersfield, CT 06109 860-258-2600; www.hammondiles.com 3 $64,241,037 4 $211,953,381 Greg Hammond CEO & wealth impact strategist Wethersfield, CT 2001 21 Pinnacle Investment Management Mercer Advisors 573 Hopmeadow St. Simsbury, CT 06070 860-651-1716; pinnacle-investment.com 2 $178,258,000 113 $14,000,000,000 John Flanagan Branch manager Simsbury, CT 1991 22 WMGNA LLC (g) 10 Talcott Notch Road, Suite 103 Farmington, CT 06032 860-679-5255; www.wmgna.com 2 $150,000,000 3 $200,000,000 Daniel J. Friedman Brian P. Beck CEO President & CFO Farmington, CT 1995 23 SageBroadview Financial Planning LLC Farmington Corporate Park 6 Executive Drive, Suite 111 Farmington, CT 06032 860-606-3580; www.sagebroadview.com 2 $73,937,078 4 $190,012,300 Lawrence J. Annello Partner Farmington, CT 2014 24 SageView Advisory Group (h) 1000 Farmington Ave., Suite 103 West Hartford, CT 06107 860-236-8500; sageviewadvisory.com 1 $3,369,814,108 21 $96,000,000,000 Tim Burns Managing director Irvine, CA 1989 Source: Each firm via survey. Notes: An investment advisor as defined by FINRA provides advice about securities to clients and is required to register with the SEC or the state in which it practices. The company can be called an asset manager, investment counselor, investment manager, portfolio manager or a wealth manager. West Hartford's Ohanesian/Lecours is now partnering with Cambridge Investment Research for registered investment advisory services. Gottfried & Somberg Wealth Management of Glastonbury and The Schuster Group of Farmington declined to participate in the survey. Hartford's RBC Wealth Management does not fall under the definition of registered investment advisor. (a) Data from 2017 survey. (b) Securities offered through LPL Financial, member FINRA/SIPC. Investment advice offered through Northstar Wealth Partners, a Registered Investment Advisor and a separate entity from LPL Financial. LARGEST REGISTERED INVESTMENT ADVISORY FIRMS IN GREATER HARTFORD (Ranked by number of local investment advisors as of June 2019) Source: Each firm via survey. Notes: An investment advisor as defined by FINRA provides advice about securities to clients and is required to register with the SEC or the state in which it practices.The company can be called an asset manager, investment counselor, investment manager, portfolio manager or a wealth manager. West Hartford's Ohanesian/Lecours is now partnering with Cambridge Investment Research for registered investment advisory services. Gottfried & Somberg Wealth Management of Glastonbury and The Schuster Group of Farmington declined to participate in the survey. Hartford's RBC Wealth Management does not fall under the definition of registered investment advisor. (a) Data from 2017 survey. (b) Securities offered through LPL Financial, member FINRA/SIPC. Investment advice offered through Northstar Wealth Partners, a Registered Investment Advisor and a separate entity from LPL Financial. (c) Data from 2018 survey. (d) Merged with Westport's Resnick Investment Advisors in January 2019. (e) Part of USI Consulting Group. (f) Wholly-owned subsidiary of Essex Savings Bank. (g) Formerly Wealth Management Group of North America LLC. —Compiled by Heide Martin.