Future Benefits Inc is a large advisory firm based in Cheshire. It manages $737.63 million of regulatory assets for 486 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Florida, Massachusetts, and New York.
Future Benefits provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Future Benefits Inc is $737.63 million. The firm's AUM has grown by 435% 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 Future Benefits Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. 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, and pension and profit sharing plans. The largest group of clients of Kevin William Grenham is pension and profit sharing plans with 73 clients and $347.07 million of assets under management. Among the 7 most similar advisory firms, Future Benefits has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $737.63 million for 486 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.
Future Benefits doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 100 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.
Kevin William Grenham has been acting as President since 1 Nov 1987. William Charles Doran joined the executive team most recently as the Vice President.
The principal office where Future Benefits Inc performs its advisory services is located at 1781 Highland Avenue, Cheshire, CT 06410, 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 203-272-4745 or by fax 203-272-2459. The normal business hours are 7:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at futurebenefits.com.