Conning Investment Products, Inc

CRD#120387
Investment Advisor Firm

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Learn more about Conning Investment Products, Inc

  • Overview
  • By the Numbers
  • Fee Structure
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Conning Investment Products, Inc operates as an advisory company based in Hartford, Connecticut. The firm controls $429.3 million in total assets throughout eight customer accounts, making it one of the bigger financial advisory firms in the nation by assets under management (AUM). Conning Investment Products, Inc has a small team, including 3 financial advisors. Conning Investment Products, Inc is not a registered broker-dealer, meaning it is not able to buy and sell securities for its own accounts as well as its clients' and instead must go through a broker-dealer company to do so. Securities are exchangable fiscal assets like options, equities and bonds.

    Conning Investment Products, Inc administers all of the company's accounts in a discretionary manner. Discretionary management means that an investment advisor has the discretion to make buy and sell judgments for the client's account without needing the client's authorization. The investment advisory firm manages roughly $53.7 million for every account. The typical advisor at Conning Investment Products, Inc manages around three client accounts, placing it among the most personalized firms in the country.

    The firm's central office is at One Financial Plaza, Hartford, Connecticut 6103. The firm is permitted to provide services to investors in the state of Connecticut.

    Assets Under Management

    $429.3 million

    Number of Advisors

    3

    Disclosures

    No

    Office Location

    One Financial Plaza
    Hartford, CT 06103

    Conning Investment Products, Inc by the Numbers

    Total Assets Under Management

    $429.3 million

    National Average: $8.6 billion
    Total Number of Employees

    8

    National Average: 64
    Total Number of Accounts

    8

    National Average: 375,227
    Average Account Size

    $53.7 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees for financial management typically vary depending on which services are provided. Fees billed by the firm typically consist of the following fee type: asset-based. Conning Investment Products, Inc does not participate in a wrap fee program, in which the firm offers a service bundle for a comprehensive fee.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Disclosures

    Conning Investment Products, Inc does not have any disclosures.

    Please visit its Form ADV for more details.

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