Advest Bank & Trust Company (Hartford)

Name: Advest Bank & Trust Company
Address: 90 State House Sq, Hartford, CT, 06103
Telephone: 860-509-3000

Advest Bank & Trust Company is a large advisory firm based in Hartford. It manages $775 million of regulatory assets for 860 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Ohio, and Rhode Island.

Advest Bank & Trust Company provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Advest Bank & Trust Company: assets under management

The assets under management (AUM) of Advest Bank & Trust Company is $775 million. The firm's AUM has gone down by -13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $203.48 million in discretionary accounts and $571.52 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $329.79 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.35 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Advest Bank & Trust Company for their services and products based on a percentage of assets under management, hourly charges, 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.

Careers at Advest Bank & Trust Company

Lee Gerard Kuckro has been acting as President since 1 Apr 1997. Bernadette Kehl has served as the Chief Investment Officer since 1 Jun 2001. Alexandra Lebenthal joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Member Of The Mony Group The Advest Group	Direct owner	1 Aug 1983	75% - 100%	06-0950444
Bernard Patrick Madden	Director, president, ceo	1 Apr 1997	Other	2472312
Lee Gerard Kuckro	Director	1 Apr 1997	Other	1367573
Corine Thompson Norgaard	Director	1 Apr 1997	Other	4425855
Jeffrey Charles Linfert	Director	1 Apr 1997	Other	4425857
Donna Lee Sawan	Chief financial officer	1 Feb 2000	Other	1615720
Edmund J Staley	Chief fiduciary officer	1 Aug 2000	Other	4268181
Kathleen Mary Cardinal	Compliance officer	1 Aug 2000	Other	2811676
Kathleen Cardinal Barbieri	Compliance officer	1 Aug 2000	Other	2811676
Inc. The Mony Group	Parent company	1 Jan 2001	75% - 100%	13-3976138
Daniel Joseph Mullane	Director	1 Jan 2001	Other	1246435
Bernadette Kehl	Chief investment officer	1 Jun 2001	Other	4567097
Michael James Deblieux	Operations manager	1 Oct 2001	Other	2863790
Diana Kump Benken	Chief financial officer	1 Oct 2002	Other	4579476
Alexandra Lebenthal	Director	1 Mar 2003	Other	1638099

Based in Hartford

The principal office where Advest Bank & Trust Company performs its advisory services is located at 90 State House Sq, Hartford, CT 06103, which is also the mailing address of the firm. An additional office of the firm is in Upper Arlington, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 860-509-3000 or by fax 860-509-3571. The normal business hours are 8:20 a.m.- 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.advest.com.