Equity Services, Inc. is a large advisory firm based in Montpelier. It manages $1.29 billion of regulatory assets for 8,758 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 43 other states.
Equity Services provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Equity Services, Inc. is $1.29 billion. The firm's AUM has grown by 20% 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 Equity Services, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Robert Earl Cotton is individuals with 6,750 clients and $765.5 million of assets under management. Among the 13 most similar advisory firms, Equity Services has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $1.29 billion for 8,750 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.
Equity Services doesn't advise any private funds.
The company employs 420 people that are either part- or full-time employees. 95 percent of the employees work as investment advisers or researchers. 300 employees are registered as investment adviser representatives with the state securities authorities.
There are 10 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Robert Earl Cotton has been acting as President since 1 Jun 2010. Gregory Dwight Teese joined the executive team most recently as the Sr. Vice President, Operations.
The principal office where Equity Services, Inc. performs its advisory services is located at One National Life Drive, Montpelier, VT 05604, which is also the mailing address of the firm. An additional office of the firm is in White Plains, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 800-344-7437 or by fax 802-229-7244. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at equity-services.com.