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How Does Essex Financial Services, Inc. Help Clients – Key Takeaways:
Esex Financial Services, Inc. is a leading financial firm that has been serving clients for over 30 years. The firm’s team of expert advisors provides comprehensive financial planning and investment management services to help clients achieve their financial goals. Here are the key takeaways of how Essex Financial Services, Inc. helps its clients:
- Customized financial plans tailored to each client’s unique needs and goals.
- In-depth market analysis and research to make informed investment decisions.
- Continued monitoring and adjustments to investment strategies based on market changes and client needs.
- Access to a wide range of financial products and services to meet diverse client needs.
Facts and Insights
Founded in 1985, Essex Financial Services, Inc. has grown to become one of the most well-respected independent financial firms in the industry. The firm is headquartered in Essex, Connecticut and has additional offices in Mystic and Westport. Here are some important facts and insights about Essex Financial Services, Inc.:
| Assets Under Management | $3.5 billion (as of January 2021) |
|---|---|
| Number of Advisors | 35 (as of January 2021) |
| Time in Business | Over 30 years |
Financial Services Offered
Essex Financial Services, Inc. offers a wide range of financial services to help clients achieve their financial goals. These services include:
- Retirement Planning
- Investment Management
- Estate Planning
- Tax Planning and Preparation
- Insurance Services
- Corporate and Executive Services
Client Types
Essex Financial Services, Inc. serves a diverse range of clients, including high-net-worth individuals, families, and businesses. The firm also works with individuals and families planning for retirement, as well as those going through life transitions such as divorce or the loss of a loved one.
Fees & Compensation
Essex Financial Services, Inc. operates on a fee-based compensation structure, meaning that its advisors are compensated based on a percentage of the assets they manage. This aligns the interests of the firm with those of its clients, as the advisors are incentivized to make investment decisions that will benefit the client’s portfolio. The firm’s fee schedule is transparent and disclosed to clients upfront.
Background
Essex Financial Services, Inc. was founded in 1985 by Stephen L. Dodd, a certified financial planner with over 40 years of experience in the financial industry. The firm has since grown to include a team of highly qualified advisors with a range of expertise and specializations. The firm is committed to providing exceptional service and personalized financial solutions to its clients.
Financial Advisor Disclosures to Know
Essex Financial Services, Inc. is a registered investment advisor (RIA) with the Securities and Exchange Commission (SEC). As such, the firm is held to fiduciary standards, meaning that it is legally obligated to act in the best interests of its clients. It is important for clients to know and understand the potential conflicts of interest that may arise in their financial advisor-client relationship. Essex Financial Services, Inc. discloses any relevant information regarding its advisors and potential conflicts of interest in its Form ADV, which is available to the public on the SEC’s website.