Usi Advisors, Inc. is a large advisory firm based in Glastonbury. It manages $17.65 billion of regulatory assets for 700 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 39 other states.
Usi Advisors provides portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and seminars and consultations. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Usi Advisors, Inc. is $17.65 billion. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Usi Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to charitable organizations, banking or thrift institutions, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Michael Welz is pension and profit sharing plans with 556 clients and $14.96 billion of assets under management. Among the 9 most similar advisory firms, Usi Advisors has the 2nd highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $17.6 billion for 697 clients. None of the firm’s clients are foreign persons or businesses.
Usi Advisors doesn't advise any private funds.
The company employs 86 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 54 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone 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.
Michael Welz has been acting as President since 1 Jun 2014. Sarah J Bruno joined the executive team most recently as the Chief Compliance Officer & Director Of Operations.
The principal office where Usi Advisors, Inc. performs its advisory services is located at 95 Glastonbury Blvd., Glastonbury, CT 06033, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 860-633-5283 or by fax 610-537-2898. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at usicg.com/ias/services-ias-index.asp.