ESSEX FINANCIAL SERVICES, INC.

RIASEC RegisteredEst. 2003

Total AUM

$4.2B

Discretionary

$3.2B

78% of AUM

Avg account

$584K

Accounts

7,143

Employees

Advisory reps

Firm details

Headquarters: ESSEX, Connecticut
CRD number: 127549
Registered since: August 7, 2003
Website: www.essex.financial
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, PERSHING LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI68.84%
Individuals13.93%
Pension & Profit Sharing Plans13.56%
Charitable Organizations2.5%
Corporations / Businesses1.04%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Essex Financial Services, Inc. is an independent registered investment adviser and corporate entity that has been SEC-registered since 2003. The firm serves both individual/family clients and institutional investors, offering financial planning, portfolio management for individuals, small businesses and institutions, pension consulting, and manager selection. It also functions as an insurance broker and describes itself as a capital allocator that may appoint third-party managers. Essex charges clients through asset-based fees as well as hourly and fixed-fee arrangements. The firm does not identify as an active ESG investor and is not structured as a multi-state or newly formed adviser. Essex has been recognized by Forbes as a Top RIA firm in 2022, 2023, and 2024.