Wright Investors Service Inc is a large advisory firm based in Shelton. It manages $1.1 billion of regulatory assets for 1,270 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Delaware, and 5 other states.
Wright Investors Service provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and publication of newsletters. 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 Wright Investors Service Inc is $1.1 billion. The firm's AUM has gone down by -69% 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 Wright Investors Service Inc for their services and products based on a percentage of assets under management, subscription fees, 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.
The firm provides services to individuals, banking or thrift institutions, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of George Linczmajer Rommel is banking or thrift institutions with 23 clients and $594.25 million of assets under management. Among the 7 most similar advisory firms, Wright Investors Service has the highest percentage of banking or thrift institutions out of all clients.
The amount of regulatory assets under management is $1.08 billion for 83 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.
Wright Investors Service doesn't advise any private funds.
The company employs 22 people that are either part- or full-time employees. 23 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.
There are 4 people 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 don’t receive compensation from other entities for client referrals.
George Linczmajer Rommel has been acting as President since 1 Jan 1996. Michael Fleming joined the executive team most recently as the Chief Compliance Officer.
The principal office where Wright Investors Service Inc performs its advisory services is located at 2 Corporate Drive, Shelton, CT 06484, which is also the mailing address of the firm. An additional office of the firm is in Torrington, CT. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 203-783-4400 or by fax 203-783-4401. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at wrightinvestors.com.