Oconnell Investment Services Inc (Lincoln)


Oconnell Investment Services Inc is a large advisory firm based in Lincoln. It manages $199.45 million of regulatory assets for 537 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Florida, Massachusetts, and 3 other states.

Oconnell Investment Services provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Oconnell Investment Services: assets under management

The assets under management (AUM) of Oconnell Investment Services Inc is $199.45 million. The firm's AUM has grown by 60% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $195.59 million in discretionary accounts and $3.86 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $393.55 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $96.46 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Oconnell Investment Services Inc for their services and products based on a percentage of assets under management and commissions. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Oconnell Investment Services Inc

William Brendan Oconnell has been acting as President since 1 Jun 1993. Denis M Oconnell joined the executive team most recently as the Vice President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
William Brendan Oconnell President 1 Jun 1993 50% - 75% 1236898
Joseph Thomas Oconnell Vice president 1 Jan 1995 Other 1274911
John Oneill Senior vice president 1 Dec 1998 Other 2318313
John George Oneill Senior vice president 1 Dec 1998 Other 2318313
Elizabeth Mackenty Executive vice president 1 Oct 1999 Other 2837417
Donald Herbert Dolphin Senior vice president 1 Feb 2000 Other 4325309
Denis M Oconnell Vice president 1 Oct 2004 Other 4855260

Based in Lincoln

The principal office where Oconnell Investment Services Inc performs its advisory services is located at 11 Blackstone Valley Place, Lincoln, RI 02865, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 401-334-5909 or by fax 401-334-9579. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday.