Connors Investor Services Inc (Wyomissing)

Name: Connors Investor Services Inc
Address: 1210 Broadcasting Road, Wyomissing, PA, 19610 3213
Telephone: 610-376-7418

Connors Investor Services Inc is a large advisory firm based in Wyomissing. It manages $800.68 million of regulatory assets for 550 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, and 12 other states.

Connors Investor Services provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Connors Investor Services: assets under management

The assets under management (AUM) of Connors Investor Services Inc is $800.68 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 138% since the beginning of its operation, and $2.17 million of the total AUM is attributable to clients outside of the United States.

The firm manages $800.68 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.46 million each.

Connors Investor Services has custody of $102.03 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 72% of the total AUM. The second-largest asset type is exchange traded securities, which make up 9% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Connors Investor Services Inc for their services and products based on a percentage of assets under management. 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.

What kind of clients Marlin Miller serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Marlin Miller is high net worth individuals with 127 clients and $290.72 million of assets under management. Among the 4 most similar advisory firms, Connors Investor Services has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $800.68 million for 550 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.

Connors Investor Services also advises several private funds. Namely, one hedge fund and six other private funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Connors Investor Services Inc

The company employs 11 people that are either part- or full-time employees. 91 percent of the employees work as investment advisers or researchers. 10 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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 receive compensation from other entities for client referrals.

Marlin Miller has been acting as President since 1 Nov 1969. Robert Charles Leayman joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Helen Marie Schell	Direct owner	1 Jan 1969	Other	4782383
Marlin Miller	Director	1 Nov 1969	Other	4342005
William Moran	Director	1 Nov 1969	Other	2659842
James Milyard Connors	Chairman, director	1 Nov 1969	50% - 75%	4338621
William Joseph Lamb	Director	1 Nov 1969	Other	4342003
Robert Charles Leayman	Sr. vice president	1 Apr 1985	Other	865666
Ronald Harry Seher	Sr. vice president	1 Dec 1985	Other	418078
Peter James Connors	Vice president	1 Feb 1992	Other	4342038
Steven Silverman	Vice president	1 May 1997	Other	3070053
Robert Charles Leayman	Sr. vice president	1 Jun 1997	Other	865666
Ronald Harry Seher	Shareholder	1 Apr 2001	Other	418078
Peter James Connors	President, director, treasurer	1 Apr 2001	Other	4342038
James Milyard Connors	Chairman	1 Apr 2001	50% - 75%	4338621
Robert John Cagliola	Vice president	1 Apr 2002	Other	2152567
Lidia Hladun Zidik	Vice president	1 Apr 2002	Other	1684423
Steven Silverman	Senior vice president	1 Jan 2003	Other	3070053
Brian Gary Mccoy	Vice president	1 Mar 2003	Other	2140182
Steven Earl Pottieger	Vice president	1 May 2005	Other	1566879
Lidia Hladun Zidik	Vice president;cco	1 Apr 2006	Other	1684423
Scott Lambert Rehr	Director	1 Jan 2010	Other	1539373
Russell Jay Fuller	Director	1 Mar 2012	Other	215673
Michael J Noon	Vice president	1 Mar 2012	Other	4322435
Thomas Raymond Platt	Vice president	1 Nov 2013	Other	2075737
Lidia Hladun Zidik	Vice president, secretary	1 Mar 2014	Other	1684423
Michael J Noon	Vice president,cco	1 Mar 2014	Other	4322435
Paul G Oxholm	Director	1 Aug 2014	Other	6459624
Kevin Francis Crawford	Director	1 Jul 2015	Other	6626675
Robert W Hahn	Vice president	1 Sep 2017	Other	4307771
Debora M Covell	Vice president/chief compliance officer	1 Oct 2017	Other	4352781
Robert Charles Leayman	Shareholder	1 Dec 2018	Other	865666

Based in Wyomissing

The principal office where Connors Investor Services Inc performs its advisory services is located at 1210 Broadcasting Road, Wyomissing, PA 19610 3213, 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 610-376-7418 or by fax 610-376-3181. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at connorsinvestor.com.