Advest Bank & Trust Company is a large advisory firm based in Hartford. It manages $775 million of regulatory assets for 860 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Ohio, and Rhode Island.
Advest Bank & Trust Company provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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.
The assets under management (AUM) of Advest Bank & Trust Company is $775 million. The firm's AUM has gone down by -13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Advest Bank & Trust Company for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
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. Alexandra Lebenthal joined the executive team most recently as the Director.
The principal office where Advest Bank & 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.