Hartford Funds Management Company, LLC is a large advisory firm based in Wayne. It manages $103.29 billion of regulatory assets for 79 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Connecticut, Florida, and 13 other states.
Hartford Funds Management Company provides portfolio management for investment companies, portfolio management for pooled investment vehicles, selection of other advisers, and registrant provides investment advice to states in connection with 529 plans and model reccomendations. 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 Hartford Funds Management Company, LLC is $103.29 billion. The firm's AUM has grown by 13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Hartford Funds Management Company, LLC for their services and products based on a percentage of assets under management. 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.
The firm provides services to investment companies, pooled investment vehicles, and state or municipal government entities. The largest group of clients of Hartford Funds Management Company is investment companies with 75 clients and $101.91 billion of assets under management. Among the 10 most similar advisory firms, Hartford Funds Management Company has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $103.29 billion for 77 clients. None of the firm’s clients are foreign persons or businesses.
Hartford Funds Management Company also advises several private funds. Namely, two other private funds.
The company employs 354 people that are either part- or full-time employees. 8 percent of the employees work as investment advisers or researchers. 45 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 don’t receive compensation from other entities for client referrals.
The principal office where Hartford Funds Management Company, LLC performs its advisory services is located at 690 Lee Road, Wayne, PA 19087, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 610-386-4000 or by fax 855-470-5700. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at hartfordfunds.com.