Aetna Asset Advisors, LLC is a large advisory firm based in Hartford. It manages $1.65 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012.
Aetna Asset Advisors provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. 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 Aetna Asset Advisors, LLC is $1.65 billion. The firm's AUM has gone down by -12% 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 Aetna Asset Advisors, 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 pooled investment vehicles and pension and profit sharing plans. The largest group of clients of Peter Robert Oades is pooled investment vehicles with 4 clients and $1.52 billion of assets under management. Among the 10 most similar advisory firms, Aetna Asset Advisors has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $1.65 billion for 5 clients. None of the firm’s clients are foreign persons or businesses.
Aetna Asset Advisors also advises several private funds.
The company employs 25 people that are either part- or full-time employees. 92 percent of the employees work as investment advisers or researchers. No 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 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.
Peter Robert Oades has been acting as President since 1 Jun 2011. Cvs Health Corporation joined the executive team most recently as the Owner.
The principal office where Aetna Asset Advisors, LLC performs its advisory services is located at 151 Farmington Avenue; Rtaa, Hartford, CT 06156, 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 860-273-2200 or by fax 860-262-7430. The normal business hours are 7:00am - 4:00 pm on Monday - Friday.