Issue link: https://nebusinessmedia.uberflip.com/i/865644
10 Hartford Business Journal • August 28, 2017 www.HartfordBusiness.com To view the full list, please visit HartfordBusiness.com ▶ ▶ Did we miss you? We want to publish the most complete and accurate lists possible. To correct an error or submit information, contact Stephanie Meagher, research director, at (508) 755-8004, ext. 262 or smeagher@nebusinessmedia.com. THE LIST Largest registered investment advisory firms in Greater Hartford (Ranked by number of local investment advisors as of August 2017) 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 48 $2,300,000,000 55 $3,200,000,000 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 43 $8,100,000,000 1,800 $294,000,000,000 Aaron Scott, Director, Hartford complex Minneapolis, MN 1909 3 Fiduciary Investment Advisors 100 Northfield Drive, 4th Floor Windsor, CT 06095 860-683-1187; www.fiallc.com 17 $58,000,000,000 17 $58,000,000,000 Mark Wetzel, President Windsor, CT 2006 4 Northstar Wealth Partners (2) 29 S. Main St., Suite B-8 West Hartford, CT 06107 888-886-7737; www.northstarwealthpartners.com, www.nstarwp.com 14 $838,116,329 14 $838,116,329 Robert P. 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 $3,120,000,000 11 $3,120,000,000 Steven L. Willcox, President & CEO Hartford, CT 1994 6 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 7 3D Asset Management Inc. 100 Constitution Plaza, Suite 700 Hartford, CT 06103 860-291-1998; www.3dadvisor.com 8 $178,409,226 (3) 16 $489,915,938 John O'Connor, President Hartford, CT 2006 8 Resources Management Corp. 433 South Main St., Suite 200 West Hartford, CT 06110 860-561-1245; resourcesmanagementcorp.com 7 $719,000,000 7 $719,000,000 Michael W. Herlihy, President & COO West Hartford, CT 1983 9 Gottfried & Somberg Wealth Management LLC 340 Hebron Ave. Glastonbury, CT 06033 860-430-9104; www.gottfriedsomberg.com 7 $625,000,000 7 $625,000,000 Joshua Gottfried, Co- founder & principal Glastonbury, CT 1999 10 Karn Couzens & Associates Inc. 10 Melrose Drive Farmington, CT 06032 860-676-2727; karncouzens.com 6 $334,500,000 6 $334,500,000 Robert A. Karn, Principal Jeffrey Couzens, Vice President Farmington, CT 1987 11 Olson Mobeck Investment Advisors (4) 1310 Silas Deane Highway, Suite 201 Wethersfield, CT 06109 860-563-2368; www.olsonmobeck.com 4 $770,000,000 4 $770,000,000 Jeff Liguori, Managing director Bridgeport, CT 1976 12 USI Advisors Inc. (5) 95 Glastonbury Blvd., Suite 102 Glastonbury, CT 06033 860-633-5283; www.usiadvisorsinc.com 4 $560,665,593 13 $15,019,295,838 Michael Welz, President & chief investment officer Glastonbury, CT 1981 13 Robert Hensley & Associates 10 Avon Meadow Lane, Suite 1 Avon, CT 06001 860-678-1090; hensleyassociates.com 4 $275,000,000 4 $275,000,000 Robert S. Hensley, President & managing member Avon, CT 1991 14 Smith Bros. Financial LLC 68 National Drive Glastonbury, CT 06033 860-430-3299; www.smithbrothersfs.com 4 $185,000,000 4 $185,000,000 Stephen Michaels, Financial advisor Glastonbury, CT 2005 15 Hammond Iles Wealth Advisors 100 Great Meadow Road, Suite 701 Wethersfield, CT 06109 860-258-2600; www.hammondiles.com 4 $150,435,000 5 $173,756,000 Greg Hammond, CEO & wealth impact strategist Wethersfield, CT 2001 16 Constitution Group of Wells Fargo Advisors 180 Glastonbury Blvd., Suite 301 Glastonbury, CT 06033 860-368-6932; DND 3 $800,000,000 3 $800,000,000 Arthur B. Sullivan, Managing director & investment officer Thomas A. Ragonese, Managing director & investment officer Zachary W. Tracey, Financial consultant St. Louis, MO 2010 17 SKY Investment Group LLC One Financial Plaza, Suite 2010 Hartford, CT 06103 860-761-9700; www.skyig.com 3 $216,544,961 3 $400,629,326 Robert Bingham, President & chief investment officer Hartford, CT 2005 18 Pinnacle Investment Management 573 Hopmeadow St. Simsbury, CT 06070 860-651-1716; pinnacle-investment.com 3 $182,603,000 3 $182,603,000 John W. Eckel, President Simsbury, CT 1991 19 Wealth Management Group of North America LLC 10 Talcott Notch Road, Suite 103 Farmington, CT 06032 860-679-5255; www.wmgna.com 2 $155,000,000 2 $155,000,000 Daniel J. Friedman, CEO Brian P Beck, President & CFO Farmington, CT 1995 20 Hunter Capital Advisors Inc. 1000 Farmington Ave., Suite 103 West Hartford, CT 06107 860-236-8500; hunteradv.com 1 $1,623,809,309 1 $2,112,257,637 Tim Burns, President West Hartford, CT 2005 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. (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) Asset figures are from SEC Form ADV filing on Dec. 31, 2016. (4) Subsidiary of People's United Bank. (5) Part of USI Consulting Group. Figures represent assets under advisement. —Compiled by Stephanie R. Meagher.