Wharton Midmarket Investment Advisors Inc. (Woodbridge)

Wharton Midmarket Investment Advisors Inc. is a large advisory firm based in Woodbridge. It manages $117.18 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Connecticut.

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

Wharton Midmarket Investment Advisors: assets under management

The assets under management (AUM) of Wharton Midmarket Investment Advisors Inc. is $117.18 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in government bonds the most. They account for 76% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 24% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wharton Midmarket Investment Advisors Inc. for their services and products based on a percentage of assets under management and hourly charges. 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.

What kind of clients Wharton Midmarket Investment Advisors serves?

The only and largest group of clients of Wharton Midmarket Investment Advisors is high net worth individuals with 6 clients and $117.18 million of assets under management. Among the 10 most similar advisory firms, Wharton Midmarket Investment Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $117.18 million for 6 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.

Wharton Midmarket Investment Advisors doesn't advise any private funds.

Careers at Wharton Midmarket Investment Advisors Inc.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Paul Harrigan	Shareholder, president, cco	1 Feb 2019	75% - 100%	6039178

Based in Woodbridge

The principal office where Wharton Midmarket Investment Advisors Inc. performs its advisory services is located at 27 Brook Road, Woodbridge, CT 06525, 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 2036069696. The normal business hours are 9am-5pm on Monday - Friday.