People's Securities, Inc. (Bridgeport)

Name: People's Securities, Inc.
Address: 850 Main Street, Bridgeport, CT, 06604
Telephone: 1-800-392-3009

People's Securities, Inc. is a related adviser based in Bridgeport. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Connecticut, Florida, and 12 other states.

People's Securities provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay People's Securities, 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.

What kind of clients Michael Eugene Harkins serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Michael Eugene Harkins is individuals with 2,661 clients and $0 of assets under management. Among the 5 most similar advisory firms, People's Securities has the highest percentage of individuals out of all clients.

None of the firm’s clients are foreign persons or businesses.

People's Securities doesn't advise any private funds.

Careers at People's Securities, Inc.

The company employs 550 people that are either part- or full-time employees. 8 percent of the employees work as investment advisers or researchers. 91 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.

Michael Eugene Harkins has been acting as President since 1 Jul 2004. Kirk William Walters joined the executive team most recently as the Sevp Corporate Dev & Strategic Planning.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Vincent Rodia	President & ceo	1 Apr 1983	Other	402299
Edward John Kruszka	Vice president	1 Jun 1988	Other	1360290
People's United Bank	Parent	1 Jul 1988	75% - 100%	06-1213065
People's Bank	Parent	1 Jul 1988	75% - 100%	06-1213065
Michael Eugene Harkins	First vice president	1 Nov 1993	Other	1449431
Bryan Joseph Huebner	Director	1 Oct 1996	Other	1212129
John Albert Klein	Director	1 Dec 1999	Other	2505919
Robert Ronald D'amore	Director	1 May 2000	Other	xxx-xx-xxxx
Patricia Lynn Chonko	Corporate secretary	1 Jul 2001	Other	1361029
William Theodore Kosturko	Director	1 Jul 2002	Other	xxx-xx-xxxx
Phillip Roger Sherringham	Evp/cfo	1 Jun 2003	Other	2307486
Michael Eugene Harkins	President/ceo	1 Jul 2004	Other	1449431
Bruce Timothy Mcelwee	Treasurer	1 Jul 2004	Other	1743373
Edward John Kruszka	Chief compliance officer	1 Nov 2004	Other	1360290
Dennis Patrick Beirne	Chief compliance officer	1 Feb 2006	Other	2306864
Robert Edward Trautmann	Director	1 Jun 2008	Other	5557737
Louise Sandberg	Director	1 Jun 2008	Other	5074374
Chantal Deckey Simon	Director	1 Sep 2009	Other	1557560
John P Barnes	Director	1 Aug 2010	Other	xxx-xx-xxxx
Galan George Daukas	Director	1 Feb 2014	Other	1617862
Jeffrey Michael Liguori	Managing director of omia	1 Dec 2014	Other	2664381
Brian Edward Delman	Chief compliance officer, investment advisory	1 Nov 2016	Other	4315597
Gregg Scott Fisher	Head of quantitative research & portfolio strategy	1 Nov 2016	Other	2271529
William Albert Jollie	Svp head of investment operations	1 Nov 2016	Other	3265071
Robert Nicholas Martz	Senior vice president	1 Nov 2016	Other	1901431
Jane Ellen Porter Stefanowicz	Corporate secretary	1 Dec 2016	Other	2293920
Daniel G Roberts	Director	1 Jul 2018	Other	6986015
Jeffrey Frank Hunter	Principal operations officer	1 Oct 2018	Other	1851035
Kristy Lynn Berner	Director	1 Oct 2018	Other	7062749
Kirk William Walters	Sevp corporate dev & strategic planning	1 Jul 2019	Other	7170404

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
People's United Financial Inc.	Parent	1 Jul 1988	75% - 100%	06-0272630
People's Mutual Holdings	Parent	1 Jul 1988	75% - 100%	06-0272630

Based in Bridgeport

The principal office where People's Securities, Inc. performs its advisory services is located at 850 Main Street, Bridgeport, CT 06604 The mailing address of the firm is 850 Main Street, Bridgeport, CT 06604. An additional office of the firm is in Wethersfield, CT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 1-800-392-3009 or by fax 1-844-820-8021. The normal business hours are 8:30 - 5:00 on Monday - Friday. You can find more information about the New York firm at olsonmobeck.com/.