BOOK OF LISTS 2015-2016
Banking & Finance
30 Hartford Business Journal • decemBer 28, 2015 www.HartfordBusiness.com
Largest registered investment advisory firms in the Hartford region
(Ranked by number of local investment advisors as of Oct. 2015)
Rank Company
No. of local investment
advisors
Local assets
under
management
Total no. of
investment
advisors
Total assets
under
management
Top local executive/
title Headquarters
Year
founded
1
Webster Investments
64 S. Main St., Wallingford, CT 06492
203-741-6580; public.websteronline.com
59 $2,190,000,000 67 $2,800,000,000
John Olerio
Sr. vice president &
director
Waterbury, CT 1995
2
RBC Wealth Management (1)
20 Church St., Ste. 2300, Hartford, CT
06103
800-243-2478; www.rbcwmfa.com
51 $9,650,000,000 1,900 $280,000,000,000
Aaron Scott
Director, Hartford complex
Minneapolis, MN 1909
3
First Niagara
100 Pearl St., Hartford, CT 06103
860-293-4140; www.firstniagara.com
20 $800,000,000 49 $1,700,000,000
Peter Keller
Sr. vice president &
director of private banking
Buffalo, NY 1990
4
3D Asset Management Inc.
111 Founders Plaza, Ste. 1707, East
Hartford, CT 06108
860-291-1998; www.3dadvisor.com
18 $183,000,000 165 $738,254,710
John O'Connor
President & COO
East Hartford, CT 2006
5
Northstar Wealth Partners (2)
29 S. Main St., Ste. B-8, West Hartford,
CT 06107
888-886-7737;
www.northstarwealthpartners.com,
www.nstarwp.com
17 $1,181,364,029 (3) 18 $1,181,364,029
Brandon Marinelli
Founder & principal
West Hartford, CT 2009
6
Fiduciary Investment Advisors
100 Northfield Dr., 4th Floor, Windsor,
CT 06095
860-683-1187; www.fiallc.com
14 $43,000,000,000 16 $43,000,000,000
Mark Wetzel
President
Windsor, CT 2006
7
Ohanesian/Lecours
433 S. Main St., Ste. 104, West Hartford,
CT 06110
860-521-4751; www.ol-advisors.com
10 $750,000,000 15 $750,000,000
Richard Ohanesian
President & partner
West Hartford, CT 1989
8
Bradley, Foster & Sargent Inc.
City Place II, 185 Asylum St., Hartford,
CT 06103
860-527-8050; www.bfsinvest.com
9 $1,700,000,000 9 $2,680,000,000
Robert H. Bradley
President & CEO
Hartford, CT 1994
9
USI Advisors Inc. (4)
95 Glastonbury Blvd., Glastonbury, CT
06033
860-633-5283; www.usiadvisorsinc.com
6 $534,959,357 8 $8,602,401,892
Michael Welz
President & chief
investment officer
Glastonbury, CT 1981
10
Gottfried & Somberg Wealth
Management LLC
340 Hebron Ave., Glastonbury, CT
06033
860-430-9104;
www.gottfriedsomberg.com
6 $425,000,000 6 $425,000,000
Joshua Gottfried
Co-founder & principal
Glastonbury, CT 1999
11
Olson Mobeck Investment Advisors (5)
1310 Silas Deane Hwy., Wethersfield,
CT 06109
860-563-2368; www.olsonmobeck.com
5 $700,000,000 5 $700,000,000
Jeff Liguori
Managing director
Bridgeport, CT 1976
12
Hammond Iles Wealth Advisors
100 Great Meadow Road, Ste. 103,
Wethersfield, CT 06109
860-258-2600; www.hammondiles.com
5 $324,000,000 5 $324,000,000
Greg Hammond
CEO & wealth impact
strategist
Wethersfield, CT 2001
13
Smith Brothers Financial LLC
68 National Dr., Glastonbury, CT 06033
860-430-3299; www.smithbrothersfs.com
5 $255,000,000 5 $255,000,000
Stephen Michaels
Retirement plan specialist
& financial advisor
Glastonbury, CT 2005
14
Robert Hensley & Associates
10 Avon Meadow Ln., Ste. 1, Avon, CT
06001
860-678-1090;
www.hensleyassociates.com
4 $250,000,000 4 $250,000,000
Robert S. Hensley
Managing member
Avon, CT 1991
15
SKY Investment Group LLC
One Financial Plaza, Ste. 2010, Hartford,
CT 06103
860-761-9700; www.skyig.com
3 $338,000,000 3 $338,000,000
Robert Bingham
President
Hartford, CT 2005
16
CCR Wealth Management
124 Hebron Ave., Glastonbury, CT
06033
866-818-7480; www.ccrwealth.com
2 $450,000,000 15 $1,000,000,000
David Borden
Principal
Westborough, MA 1998
17
Wealth Management Group of North
America (WMGNA) LLC.
231 Farmington Ave., Farmington, CT
06032
860-679-5255; www.wmgna.com
2 $160,000,000 2 $160,000,000
Daniel J. Friedman
CEO
Farmington, CT 1995
18
Berkshire Bank
58 State House Square, Hartford, CT
06103
860-246-5200; www.berkshirebank.com
DND DND 10 $1,400,000,000
Shawn Howard
Sr. vice president & chief
investment officer
Hartford, CT (6) 1846
Editor's Note: This list is new for the Hartford Business Journal. If you think your company belongs on this list, contact Stephanie R. Meagher at 508-755-8004 or smeagher@nebusinessmedia.com.
Source: Individual companies. 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. DND = did not disclose.
(1)
A division of RBC Capital Markets LLC.
(2) 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.
(3) As of Sept. 30, 2015.
(4) Part of USI Consulting Group. Figures represent assets under advisement.
(5) Subsidiary of People's United Bank.
(6) Regional headquarters.
—Compiled by Stephanie R. Meagher.
