DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Essex Financial Services, Inc.
Latest filing Aug 25, 2026
First filing on the tape Dec 23, 2011 · 42 filings
SEC status approved since Aug 7, 2003
RAUM
$4.2B
reported, Item 5.F
Discretionary
78%
of RAUM
Private clients
83%
$3.5B individuals and HNW
Advisors
33
registered through the firm on IAPD
RAUM per advisor
$126M
derived; firm RAUM over IAPD count
Employees
46
42 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
42 filings and snapshots on the tape
RAUM$4.2B as of Aug 25, 2026
Dec 23, 2011$1.8B then
HNW client RAUM$2.9B as of Aug 25, 2026
Jan 3, 2018$2.0B then
State-registered IARs (5.B.3)30 as of Aug 25, 2026
Dec 21, 201225 then
Employees (5.A)46 as of Aug 25, 2026
Dec 21, 201244 then
Private funds: no history
RAUM +43% over the last fiscal year+11% a year over threeIARs 27 to 30offices 2 to 3
Practice profile
derived from the filing of Aug 25, 2026; every figure names its basis
Archetypes, each a printed rule
- Bank affiliated · Item 7.A.6 or 7.A.7 (bank or trust company affiliate) and a bank, bancorp or trust company as a 50 percent or greater owner on Schedule A
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- RAUM per advisor
- $126MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 84derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.2MderivedHNW RAUM over HNW clients
- Average account
- $583,786derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 78%derivedof RAUM
- Institutional
- 16%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.4derivedItem 5.A over advisors
- Advisors per office
- 8.3derived4 offices incl. principal (1.F.5)
- RAUM growth, one year
- +29%derivedbetween the last two annual amendments
- Advisor growth, one year
- +7.4%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +5.7%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
- Ownership
- a bank, bancorp or trust company is a 50 percent or greater ownerderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- is an insurance broker or agent (6.A.6)
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$2.9B69%
- Individuals$581M14%
- Pension and profit-sharing plans$565M14%
- Charitable organizations$104M2.5%
- Corporations and businesses$43.5M1.0%
- State and municipal entities$5.5M0.1%
- Individual clients
- 1,885reported
- HNW clients
- 895reported
- Pension plan clients
- 108reported
- Charitable clients
- 60reported
- Accounts
- 7,143reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.83 fund_share=0.0 institutional_share=0.16 related_bd=false related_bank=false bd_reps=8.0derived
Advisors registered through the firm
33 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Lisa B Mcminn | Essex, Ct | Apr 19, 2004 | 23 y | 1 |
| Stephen Worth Bates | Essex, Ct | Sep 5, 2008 | 22 y | 1 |
| Charles Robert Cumello | Essex, Ct | Mar 24, 2009 | 35 y | 3 |
| James Michael SullivanCertified Financial Planner | Essex, Ct | Apr 20, 2009 | 25 y | 1 |
| Dennis M Cadwell | Jan 4, 2010 | 27 y | 0 | |
| Anthony Gennaro Russo | Essex, Ct | Mar 2, 2010 | 37 y | 3 |
| David Cummings Donaldson | Farmington, Ct | Mar 2, 2010 | 43 y | 3 |
| David Francis LamayCertified Financial Planner | Essex, Ct | Mar 15, 2010 | 34 y | 1 |
| Elizabeth Antoinette Haas | Essex, Ct | Nov 2, 2010 | 39 y | 0 |
| Anthony Joseph Fortuna | Farmington, Ct | May 31, 2011 | 25 y | 3 |
| William Timothy Furgueson | Essex, Ct | Jun 22, 2011 | 31 y | 2 |
| Nathaniel Francis MorrisCertified Financial Planner | Essex, Ct | Jun 3, 2013 | 14 y | 1 |
| Robert J. MarcinekCertified Financial Planner | Essex, Ct | Jul 31, 2013 | 27 y | 2 |
| Michael R LariviereCertified Financial Planner | Essex, Ct | Aug 8, 2013 | 26 y | 1 |
| Kevin Joseph NolanCertified Financial Planner | Essex, Ct | Apr 21, 2014 | 31 y | 2 |
| Kristin Elizabeth Green | Essex, Ct | Jan 29, 2016 | 14 y | 0 |
| Cherish Lyn Genova | Essex, Ct | Feb 4, 2016 | 25 y | 0 |
| William Michael TaitCertified Financial Planner | Essex, Ct | Jun 16, 2016 | 10 y | 0 |
| Sean Francis Flynn | Essex, Ct | Mar 13, 2017 | 18 y | 3 |
| Dave Richard DelfinoCertified Financial Planner | Essex, Ct | Jun 4, 2018 | 16 y | 1 |
| Nicholas Luke Naumann | Southport, Ct | Nov 13, 2018 | 15 y | 1 |
| Courtney Hughes Walsh | Essex, Ct | Jun 18, 2021 | 29 y | 1 |
| Anthony Joseph Vocalina | Essex, Ct | Aug 2, 2021 | 36 y | 2 |
| Kevin Joseph LoobyCertified Financial Planner | Essex, Ct | Jan 24, 2022 | 29 y | 4 |
| Owen W Bregman | Southport, Ct | Feb 28, 2022 | 26 y | 3 |
| Julie Belknap Bauman | Essex, Ct | Dec 12, 2022 | 28 y | 0 |
| Jeffrey Kohl Ludka | Essex, Ct | Jan 9, 2024 | 10 y | 2 |
| Susan K Roth | Essex, Ct | Apr 30, 2024 | 30 y | 7 |
| Nancy Stillman | Essex, Ct | Aug 23, 2024 | 31 y | 7 |
| Robert M GirvinChartered Financial Analyst | Essex, Ct | Jan 28, 2025 | 32 y | 0 |
| Gabriel M FlugradCertified Financial Planner | Essex, Ct | Apr 21, 2025 | 16 y | 1 |
| Jeffrey Wendell Jones | Essex, Ct | May 28, 2025 | 18 y | 2 |
| John CostelloCertified Financial Planner | Farmington, Ct | Mar 2, 2026 | 10 y | 3 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount3 left over 36 months
Left, latest
- Nauman Karim Rana to Wealth Forward AdvisorsDec 16, 2024 · RIA to a newly registered adviser
- Michael Dennis O'Rourke to Usi Securities, Inc.Apr 15, 2024 · Other
- Joanne Gautrau to Merit Financial AdvisorsNov 22, 2023 · RIA to RIA
- Jacqueline Steczkowski to Napatree Capital LLCJul 1, 2022 · RIA to RIA
- Nancy Stillman to Commonwealth Financial NetworkJun 6, 2022 · RIA to affiliated broker-dealer or bank
- Martin J Wollack to Principle WealthSep 30, 2020 · RIA to RIA
- Clark Johnson Sturtevant to Wells Fargo AdvisorsDec 11, 2019 · RIA to wirehouse
- Emanuel Andres Romero-Vicini to Vision Investment Advisors, LLCJul 5, 2019 · RIA to RIA
- Emily Laurel Bordeau to MML Investors Services, LLCOct 24, 2018 · RIA to affiliated broker-dealer or bank
- Eric Joseph Moreira to Citizens Securities, Inc.Apr 26, 2018 · RIA to affiliated broker-dealer or bank
- Erika Shawn Pape to Raymond James Financial Services Advisors, IncJan 2, 2018 · Other
- Robert Santino Paolucci to Principle WealthOct 30, 2017 · Other
- Michael Joseph Castiello to Principle WealthOct 30, 2017 · Other
- Kevin Joseph Looby to Principle WealthOct 30, 2017 · Other
- John Patrick Hannigan to Principle WealthOct 30, 2017 · Other
Joined, latest
- John Costello from Wealth Enhancement Advisory Services, LLCMar 2, 2026 · Affiliated broker-dealer or bank to independent RIA
- Jeffrey Wendell Jones from Fci AdvisorsMay 28, 2025 · RIA to RIA
- Gabriel M Flugrad from Ameriprise Financial Services, LLCApr 21, 2025 · Affiliated broker-dealer or bank to independent RIA
- Nancy Stillman from Commonwealth Financial NetworkAug 23, 2024 · Affiliated broker-dealer or bank to independent RIA
- Susan K Roth from Commonwealth Financial NetworkApr 30, 2024 · Affiliated broker-dealer or bank to independent RIA
- Nauman Karim Rana from Opal Wealth Advisors, LLCApr 1, 2024 · RIA to RIA
- Jeffrey Kohl Ludka from Lighthouse Financial Management, LLCJan 9, 2024 · RIA to RIA
- Joanne Gautrau from Merrill Lynch, Pierce, Fenner & Smith IncorporatedSep 12, 2022 · Wirehouse to independent RIA
- Owen W Bregman from Cambridge Investment Research Advisors, Inc.Feb 28, 2022 · Affiliated broker-dealer or bank to independent RIA
- Kevin Joseph Looby from B. Riley Wealth Advisors, Inc.Jan 24, 2022 · Affiliated broker-dealer or bank to independent RIA
- Nancy Stillman from Commonwealth Financial NetworkAug 2, 2021 · Affiliated broker-dealer or bank to independent RIA
- Anthony Joseph Vocalina from SpcAug 2, 2021 · Affiliated broker-dealer or bank to independent RIA
- Courtney Hughes Walsh from Janney Montgomery Scott LLCJun 18, 2021 · Affiliated broker-dealer or bank to independent RIA
- Jacqueline Steczkowski from People'S United Advisors, Inc.Apr 20, 2021 · RIA to RIA
- Nicholas Luke Naumann from Strategic Advisers LLCNov 13, 2018 · Affiliated broker-dealer or bank to independent RIA
Teams: two or more advisors moving together within fourteen days, from one state
- 4 left for Principle WealthOct 30, 2017 · Essex, Ct
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Hadley Diane Arnold · Directorcontrolsince 09/2021 · owns less than 5%
- John Bauer · Directorcontrolsince 09/2018 · owns less than 5%
- Mary Emelia Boone · Directorcontrolsince 11/2013 · owns less than 5%
- Robert Charles Cumello · President & Chief Executive Officer, Directorcontrolsince 12/2013 · owns less than 5%
- Karen Lynn Giroux · Directorcontrolsince 08/2026 · owns less than 5%
- Bruce Michael Glowac · Directorcontrolsince 10/2013 · owns less than 5%
- Stephen Deane Gresham · Directorcontrolsince 03/2020 · owns less than 5%
- Geoffrey Lee Jacobson · Directorcontrolsince 09/2018 · owns less than 5%
- Carly Jennifer Krakower · Chief Compliance Officercontrolsince 04/2024 · owns less than 5%
- Clark Ronald Nelson · Directorcontrolsince 10/2025 · owns less than 5%
- Douglas Williams Paul · Chairmancontrolsince 08/2013 · owns less than 5%
- K Susan Roth · Chief Operating Officer, Treasurer, Secretarycontrolsince 10/2025 · owns less than 5%
- Nancy Stillman · Chief Compliance Officercontrolsince 06/2025 · owns less than 5%
Entity owners
- Essex Bank · Shareholderdirect · owns 75% or more
- Essex Savings Bank · Shareholderdirect · owns 75% or more
Related persons
Schedule D 7.A
- Essex Savings Banky
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Essex, Ct · principal | 32 | 1 | 0 | ||
| Southport, Ct | 7 | 0 | 0 | ||
| Farmington, Ct | 5 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Southport, CT7 employees
- Farmington, CT6 employees
- Madison, CT1 employees
ADV anomalies
8 against comparable advisers; where to look, not conclusions
- control person changedChange between filings · filing Aug 25, 2026Stillman, Nancy (CHIEF COMPLIANCE OFFICER) appeared on Schedule A between the filings of 2024-05-14 and 2026-08-25peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Aug 25, 2026ROTH, SUSAN, K (CHIEF OPERATING OFFICER, TREASURER, SECRETARY) appeared on Schedule A between the filings of 2024-05-14 and 2026-08-25peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Aug 25, 2026GIROUX, LYNN, KAREN (DIRECTOR) appeared on Schedule A between the filings of 2024-05-14 and 2026-08-25peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Aug 25, 2026ARNOLD, DIANE, HADLEY (DIRECTOR) left Schedule A between the filings of 2024-05-14 and 2026-08-25peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Aug 25, 2026KRAKOWER, JENNIFER, CARLY (CHIEF COMPLIANCE OFFICER) left Schedule A between the filings of 2024-05-14 and 2026-08-25peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Aug 25, 2026GLOWAC, BRUCE MICHAEL (DIRECTOR) left Schedule A between the filings of 2024-05-14 and 2026-08-25peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Aug 25, 2026JACOBSON, GEOFFREY LEE (DIRECTOR) left Schedule A between the filings of 2024-05-14 and 2026-08-25peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Aug 25, 2026PAUL, DOUGLAS WILLIAMS (CHAIRMAN) left Schedule A between the filings of 2024-05-14 and 2026-08-25peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
- Accounts · 6,985 to 7,143Jun 2, 2025 to Oct 30, 2025
- Advisory employees · 43 to 42Jun 2, 2025 to Oct 30, 2025
- BD registered reps · 9 to 8Jun 2, 2025 to Oct 30, 2025
- Charity clients · 64 to 60Jun 2, 2025 to Oct 30, 2025
- HNW clients · 800 to 895Jun 2, 2025 to Oct 30, 2025
- Individual clients · 1,978 to 1,885Jun 2, 2025 to Oct 30, 2025
- Pension plan clients · 110 to 108Jun 2, 2025 to Oct 30, 2025
- Employees · 45 to 46Jun 2, 2025 to Oct 30, 2025
- State-registered IARs · 29 to 30Jun 2, 2025 to Oct 30, 2025
- Discretionary RAUM · $2.9B to $3.2BJun 2, 2025 to Oct 30, 2025
- HNW RAUM · $2.5B to $2.9BJun 2, 2025 to Oct 30, 2025
- Individual RAUM · $588M to $581MJun 2, 2025 to Oct 30, 2025
- Non-discretionary RAUM · $855M to $923MJun 2, 2025 to Oct 30, 2025
- Pension RAUM · $501M to $565MJun 2, 2025 to Oct 30, 2025
- RAUM · $3.8B to $4.2BJun 2, 2025 to Oct 30, 2025
- Financial planning clients · 1-10 to 1-10Jan 24, 2025 to Jun 2, 2025
- Accounts · 6,423 to 6,985Aug 1, 2024 to Dec 3, 2024
- Advisory employees · 39 to 43Aug 1, 2024 to Dec 3, 2024
- BD registered reps · 13 to 9Aug 1, 2024 to Dec 3, 2024
- Charity clients · 65 to 64Aug 1, 2024 to Dec 3, 2024
- Corporate clients · 19 to 15Aug 1, 2024 to Dec 3, 2024
- HNW clients · 719 to 800Aug 1, 2024 to Dec 3, 2024
- Individual clients · 1,937 to 1,978Aug 1, 2024 to Dec 3, 2024
- Pension plan clients · 88 to 110Aug 1, 2024 to Dec 3, 2024
- Employees · 41 to 45Aug 1, 2024 to Dec 3, 2024
- State-registered IARs · 27 to 29Aug 1, 2024 to Dec 3, 2024
- Discretionary RAUM · $2.6B to $2.9BAug 1, 2024 to Dec 3, 2024
- HNW RAUM · $2.2B to $2.5BAug 1, 2024 to Dec 3, 2024
- Individual RAUM · $583M to $588MAug 1, 2024 to Dec 3, 2024
- Non-discretionary RAUM · $744M to $855MAug 1, 2024 to Dec 3, 2024
- Pension RAUM · $431M to $501MAug 1, 2024 to Dec 3, 2024
- RAUM · $3.4B to $3.8BAug 1, 2024 to Dec 3, 2024
- Wrap assets (manager) · 0.0 to unsetJul 15, 2024 to Aug 1, 2024
- Wrap assets (sponsor) · 235099441.0 to unsetJul 15, 2024 to Aug 1, 2024
- Accounts · 6,294 to 6,423Dec 26, 2023 to May 14, 2024
- Charity clients · 72 to 65Dec 26, 2023 to May 14, 2024
- Corporate clients · 22 to 19Dec 26, 2023 to May 14, 2024
- HNW clients · 629 to 719Dec 26, 2023 to May 14, 2024
- Individual clients · 2,000 to 1,937Dec 26, 2023 to May 14, 2024
- Pension plan clients · 87 to 88Dec 26, 2023 to May 14, 2024
Signals
19 dated events
- Nauman Karim Rana left Essex Financial Services, Inc. for Wealth Forward Advisors (registered 2025-11-19)Dec 16, 2024 · Advisor changed firm · fact
- Carly Jennifer Krakower (Chief Compliance Officer) appeared on Schedule A of Essex Financial Services, Inc.May 14, 2024 · Control person joined · fact
- Michael Dennis O'Rourke left Essex Financial Services, Inc. for Usi Securities, Inc. (registered 2024-05-17)Apr 15, 2024 · Advisor changed firm · fact
- Joanne Gautrau left Essex Financial Services, Inc. for Merit Financial Advisors (registered 2023-12-15)Nov 22, 2023 · Advisor changed firm · fact
- Jacqueline Steczkowski left Essex Financial Services, Inc. for Napatree Capital Llc (registered 2023-06-15)Jul 1, 2022 · Advisor changed firm · fact
- Nancy Stillman left Essex Financial Services, Inc. for Commonwealth Financial Network (registered 2022-06-23)Jun 6, 2022 · Advisor changed firm · fact
- Essex Financial Services, Inc. reported RAUM $3.1B, up 36% from $2.3B (2021-09-29 to 2021-12-26)Dec 26, 2021 · RAUM change · derived
- Gregory Ralph Shook (Director) no longer on Schedule A of Essex Financial Services, Inc. (listed 2021-09-29, absent 2021-12-26)Dec 26, 2021 · Control person left · inference
- Hadley Diane Arnold (Director) appeared on Schedule A of Essex Financial Services, Inc.Sep 29, 2021 · Control person joined · fact
- Melissa Sue Kantrow (Secretary) no longer on Schedule A of Essex Financial Services, Inc. (listed 2021-01-03, absent 2021-04-16)Apr 16, 2021 · Control person left · inference
- Stephen Deane Gresham (Director) appeared on Schedule A of Essex Financial Services, Inc.Apr 2, 2020 · Control person joined · fact
- Leon Joseph Olivier (Director) no longer on Schedule A of Essex Financial Services, Inc. (listed 2020-01-03, absent 2020-04-02)Apr 2, 2020 · Control person left · inference
- Linda Marie Martin (Chief Financial Officer) no longer on Schedule A of Essex Financial Services, Inc. (listed 2020-01-03, absent 2020-04-02)Apr 2, 2020 · Control person left · inference
- Granville Roy Morris (Director) no longer on Schedule A of Essex Financial Services, Inc. (listed 2018-05-16, absent 2019-01-02)Jan 2, 2019 · Control person left · inference
- Jayne Griffin Mather (Director) no longer on Schedule A of Essex Financial Services, Inc. (listed 2018-05-16, absent 2019-01-02)Jan 2, 2019 · Control person left · inference
- David Reynolds Speirs (Director) no longer on Schedule A of Essex Financial Services, Inc. (listed 2018-05-16, absent 2019-01-02)Jan 2, 2019 · Control person left · inference
- Melissa Sue Kantrow (Secretary) appeared on Schedule A of Essex Financial Services, Inc.Jan 2, 2019 · Control person joined · fact
- Geoffrey Lee Jacobson (Director) appeared on Schedule A of Essex Financial Services, Inc.Jan 2, 2019 · Control person joined · fact
- John Bauer (Director) appeared on Schedule A of Essex Financial Services, Inc.Jan 2, 2019 · Control person joined · fact
Across DFX
shared identifiers only, never a name match
- Essex Financial Services, Inc. · Private Equityshared crd · intermediary
How to reach
public business contact points only, each with its source
- Business phone
- 303-797-9080reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 860-767-4300reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/essex-financial-services-increportedpublic record, Form ADV, Sep 17, 2026
- Website
- ESSEX.FINANCIALreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 860-767-4300reportedpublic record, Form ADV, Aug 25, 2026
- Contact form
- ESSEX.FINANCIAL/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- ESSEX.FINANCIAL/about/management-teamreportedpublished by the firm, firm site, Sep 15, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $126Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026