Bradley Foster & Sargent Inc is a large advisory firm based in Hartford. It manages $3.44 billion of regulatory assets for 3,185 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 28 other states.
Bradley Foster & Sargent provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and educational seminars and workshops. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Bradley Foster & Sargent Inc is $3.44 billion. The firm's AUM has grown by 582% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Bradley Foster & Sargent Inc for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Stephen Leslie Willcox is high net worth individuals with 678 clients and $2.62 billion of assets under management. Among the 9 most similar advisory firms, Bradley Foster & Sargent has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $3.44 billion for 1,408 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Bradley Foster & Sargent also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 38 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There are 6 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Stephen Leslie Willcox has been acting as President since 1 Dec 2016. John Michael Kirschner joined the executive team most recently as the Chief Financial Officer/Chief Compliance Officer.
The principal office where Bradley Foster & Sargent Inc performs its advisory services is located at 185 Asylum Street, Hartford, CT 06103 3402, which is also the mailing address of the firm. An additional office of the firm is in Wellesley, MA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 860-527-8050 or by fax 860-527-0775. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at bfsinvest.com.