Connors Investor Services Inc is a large advisory firm based in Wyomissing. It manages $800.68 million of regulatory assets for 550 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, and 12 other states.
Connors Investor Services provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. 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 Connors Investor Services Inc is $800.68 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 138% since the beginning of its operation, and $2.17 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Connors Investor Services Inc 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 individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Marlin Miller is high net worth individuals with 127 clients and $290.72 million of assets under management. Among the 4 most similar advisory firms, Connors Investor Services has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $800.68 million for 550 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.
Connors Investor Services also advises several private funds. Namely, one hedge fund and six other private funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 11 people that are either part- or full-time employees. 91 percent of the employees work as investment advisers or researchers. 10 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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 receive compensation from other entities for client referrals.
Marlin Miller has been acting as President since 1 Nov 1969. Robert Charles Leayman joined the executive team most recently as the Shareholder.
The principal office where Connors Investor Services Inc performs its advisory services is located at 1210 Broadcasting Road, Wyomissing, PA 19610 3213, 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 610-376-7418 or by fax 610-376-3181. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at connorsinvestor.com.