Advest Trust Company (Hartford)


Advest Trust Company is a large advisory firm based in Hartford. It manages $826.77 million of regulatory assets for 868 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Arizona, Connecticut, North Dakota, Ohio, and Rhode Island.

Advest Trust Company provides financial planning services, portfolio management for individuals and small businesses, 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 Trust Company: assets under management

The assets under management (AUM) of Advest Trust Company is $826.77 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $225.8 million in discretionary accounts and $600.97 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $364.19 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.42 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Advest Trust Company for their services and products based on a percentage of assets under management 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 Advest 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. Kathleen Cardinal Barbieri joined the executive team most recently as the Chief Compliance Officer.

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
Edmund J Staley Chief fiduciary officer 1 Aug 2000 Other 4268181
Inc. The Mony Group Parent company 1 Jan 2001 75% - 100% 13-3976138
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
Kathleen Cardinal Barbieri Chief compliance officer 1 Jan 2004 Other 2811676

Based in Hartford

The principal office where Advest 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.