Essex National Securities, Inc. (Napa)

Name: Essex National Securities, Inc.
Address: 550 Gateway Drive, Napa, CA, 94558
Telephone: 707-258-5000

Essex National Securities, Inc. is an adviser based in Napa. It manages $30.77 million of regulatory assets for 117 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alaska, Colorado, Florida, and 9 other states.

Essex National Securities provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Essex National Securities: assets under management

The assets under management (AUM) of Essex National Securities, Inc. is $30.77 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -18% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $30.77 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $263 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Essex National Securities, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.

Careers at Essex National Securities, Inc.

John Charles Weidert has been acting as President since 1 Mar 2006. Scott Kelso Davis joined the executive team most recently as the Chairman, Ceo, President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Scott Kelso Davis	Ceo, president, national sales manager	1 Mar 2006	25% - 50%	1252573
John Charles Weidert	Director	1 Mar 2006	Other	4676667
Llc Essex National Financial Services	Shareholder	1 Mar 2006	75% - 100%	20-3866096
Ella Sankisov	Financial & operations principal	1 Sep 2006	Other	2787749
Robert Harris Watts	Director	1 Nov 2006	Other	854121
John Benson Porter	Chairman, director	1 Feb 2007	Other	5328292
Warren Geddes	Senior vice president	1 Apr 2007	Other	5167689
John Michael Cooney	Coo, chief compliance officer, cfo, treasurer, rosfp	1 Jun 2008	Other	1326757
Llc Essex National Holding Company	Owner	1 May 2012	75% - 100%	45-5306260
Scott Kelso Davis	Chairman, ceo, president	1 Jun 2012	Other	1252573
Llc Essex National Holding Company	Owner	1 Jun 2012	75% - 100%	45-5306260
Andrew Olen White	Director	1 Jun 2012	Other	4789044

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Hp Employees Federal Credit Union (Dba Addison Avenue Federal Credit Union)	Shareholder	1 Jul 2002	75% - 100%	23-7062675
Addison Avenue Financial Partners Llc	Shareholder	1 Mar 2006	50% - 75%	47-0880601
Samson Essex Llc	Indirect owner	1 May 2012	75% - 100%	00-0000000
Roy Jay Zuckerberg	Owner	1 Jun 2012	50% - 75%	477269
Nils Per Brous	Owner	1 Jun 2012	25% - 50%	2088431

Based in Napa

The principal office where Essex National Securities, Inc. performs its advisory services is located at 550 Gateway Drive, Napa, CA 94558, 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 707-258-5000 or by fax 707-258-2563. The normal business hours are 6:00am to 4:30pm on Monday - Friday. You can find more information about the New York firm at www.ensinet.com.