DD
Firm Information
Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
32 advisors
Number of Clients
2,967 clients
Average Client Portfolio
$1.3M average
Assets Under Management
$3.8B
Fee Structure
Minimum Investment:$250K
Financial Planning:Included in AUM fee
Financial Plan Fee:$250 - $5,000
Hourly Rate:$75 - $250/hr
Essex Financial charges investment management fees ranging from 0.50% to 1.50% annually, based on factors like the scope and complexity of services, asset level, and overall relationship. Financial planning services are offered on an hourly basis ($75-$250/hour) or a fixed fee ($250-$5,000). The firm generally requires a minimum account size of $250,000.
Areas of Practice
Investment ManagementRetirement PlanningFinancial Planning & CoachingHigh Net Worth
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Advisor Information
Office location
176 Westbrook Road, Essex, CT, 06426
Get directionsRegulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
July 2015Settled
Customer Dispute
June 1991Award / Judgment
Other Business ActivitiesSells Insurance
David is an insurance agent for Essex Financial Services Inc, selling life insurance and fixed annuities, dedicating minimal time to this activity. He is also the President and authorized signer/control person on the Farmington River Watershed Association's investment accounts, spending a few hours per week on this non-investment related role.
Employment History
Current Registrations
Essex Financial Services, INC.
March 2010 - Present · 15 yrs 10 mos
Previous Registrations
Essex Financial Services, INC. Broker
March 2010 - July 2021 · 11 yrs 4 mos
TD Wealth Management Services INC.
November 2009 - February 2010 · 3 mos
TD Wealth Management Services INC.Broker
November 2009 - February 2010 · 3 mos
Bancnorth Investment Group, INC.Broker
January 2005 - November 2009 · 4 yrs 10 mos
Primevest Financial Services, INC.
March 2003 - November 2009 · 6 yrs 8 mos
Primevest Financial Services, INC.Broker
March 2003 - January 2005 · 1 yr 10 mos
National Planning CorporationBroker
May 2001 - March 2003 · 1 yr 10 mos
National Planning Corporation ("npc of America" in Fl & Ny)
May 2001 - March 2003 · 1 yr 10 mos
Webster Investment Services, INC.Broker
June 2000 - May 2001 · 11 mos
Mechanics Investment Services, INC.Broker
July 1997 - June 2000 · 2 yrs 11 mos
U.S. Clearing CORP.Broker
December 1994 - July 1997 · 2 yrs 7 mos
Banca Imi Securities CORP.Broker
April 1991 - December 1994 · 3 yrs 8 mos
Mabon, Nugent & CO.Broker
January 1991 - April 1991 · 3 mos
Lehman Brothers INC.Broker
December 1985 - February 1991 · 5 yrs 2 mos
E. F. Hutton & Company INCBroker
July 1983 - January 1986 · 2 yrs 6 mos
State Registrations1 state
CT
Advisor
Exams
No exam information available for this advisor.