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BOOK OF LISTS & ECONOMIC FORECAST 2016-2017 Banking & Finance 28 Hartford Business Journal • decemBer 26, 2016 www.HartfordBusiness.com Largest registered investment advisory firms in Greater Hartford (Ranked by number of local investment advisors as of August 2016) Rank Firm 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 60 $2,800,000,000 John Olerio Sr. vice president & director Waterbury, CT 1995 2 RBC Wealth Management (1) 20 Church St., Suite 2300 Hartford, CT 06103 800-243-2478; www.rbcwmfa.com 50 $5,100,000,000 1,850 $273,000,000,000 Aaron Scott Director, Hartford complex Minneapolis, MN 1909 3 Northstar Wealth Partners (2) 29 S. Main St., Suite B-8 West Hartford, CT 06107 888-886-7737; www.northstarwealthpartners.com, www.nstarwp.com 16 $713,153,111 17 (3) $713,153,111 Robert P. Laraia Founding partner West Hartford, CT 2009 4 Fiduciary Investment Advisors 100 Northfield Drive, 4th Floor Windsor, CT 06095 860-683-1187; www.fiallc.com 14 $45,000,000,000 17 $45,000,000,000 Mark Wetzel President Windsor, CT 2006 5 3D Asset Management Inc. 100 Constitution Plaza, Suite 700 Hartford, CT 06103 860-291-1998; www.3dadvisor.com 11 $159,123,140 (4) 19 $459,321,476 John O'Connor President & COO Hartford, CT 2006 6 Bradley, Foster & Sargent Inc. City Place II, 185 Asylum St. Hartford, CT 06103 860-527-8050; www.bfsinvest.com 10 $1,920,000,000 10 $2,900,000,000 Steven L. Willcox President & CEO Hartford, CT 1994 7 Ohanesian/Lecours 433 S. Main St., Suite 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 Resources Management Corp. 433 South Main St., Suite 200 West Hartford, CT 06110 860-561-1245; resourcesmanagementcorp.com 7 $675,000,000 7 $675,000,000 Michael W. Herlihy President & COO West Hartford, CT 1983 9 USI Advisors Inc. (5) 95 Glastonbury Blvd., Suite 102 Glastonbury, CT 06033 860-633-5283; www.usiadvisorsinc.com 6 $504,882,431 8 $9,739,132,652 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 $460,000,000 6 $460,000,000 Joshua Gottfried Co-founder & principal Glastonbury, CT 1999 11 Karn Couzens & Associates Inc. 10 Melrose Drive Farmington, CT 06032 860-676-2727; karncouzens.com 5 $324,000,000 5 $324,000,000 Robert A. Karn Principal Farmington, CT 1987 12 Smith Brothers Financial LLC 68 National Drive 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 13 Olson Mobeck Investment Advisors (6) 1310 Silas Deane Highway, Suite 201 Wethersfield, CT 06109 860-563-2368; www.olsonmobeck.com 4 $600,000,000 4 $695,497,592 Jeff Liguori Managing director Bridgeport, CT 1976 14 Robert Hensley & Associates 10 Avon Meadow Lane, Suite 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 Hammond Iles Wealth Advisors 100 Great Meadow Road, Suite 701 Wethersfield, CT 06109 860-258-2600; www.hammondiles.com 4 $185,673,000 5 $325,000,000 Greg Hammond CEO & wealth impact strategist Wethersfield, CT 1984 16 Constitution Advisory Group LLC (7) 180 Glastonbury Blvd., Suite 301 Glastonbury, CT 06033 860-368-6932; DND 3 $750,000,000 3 $750,000,000 Arthur B. Sullivan, Principal Thomas A. Ragonese, Managing director St. Louis, MO 2010 17 SKY Investment Group LLC One Financial Plaza, Suite 2010 Hartford, CT 06103 860-761-9700; www.skyig.com 3 $188,392,381 3 $349,426,709 Robert Bingham President Hartford, CT 2005 18 Pinnacle Investment Management 573 Hopmeadow St. Simsbury, CT 06070 860-651-1716; pinnacle-investment.com 3 $170,000,000 3 $170,000,000 John W. Eckel President Simsbury, CT 1991 19 Hunter Capital Advisors Inc. 1000 Farmington Ave., Suite 103 West Hartford, CT 06107 860-236-8500; hunteradv.com 2 $1,455,000,000 2 $1,837,000,000 Tim Burns President West Hartford, CT 2005 20 CCR Wealth Management 124 Hebron Ave. Glastonbury, CT 06033 866-818-7480; www.ccrwealth.com 2 $400,000,000 15 $1,100,000,000 David Borden Principal Westborough, MA 1998 21 Wealth Management Group of North America LLC 10 Talcott Notch Road, Suite 103 Farmington, CT 06032 860-679-5255; www.wmgna.com 1 $75,000,000 2 $150,000,000 Daniel J. Friedman, CEO Brian P Beck, President & CFO Farmington, CT 1995 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. 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) One advisor located in Rhode Island. (4) Asset figures are from SEC Form ADV filing on Dec. 31, 2015. (5) Part of USI Consulting Group. Figures represent assets under advisement. (6) Subsidiary of People's United Bank. (7) Part of Wells Fargo Advisors. —Compiled by Stephanie R. Meagher.