Essex Financial Services offers customized wealth management services to individuals, high net worth individuals, corporations, trusts, estates, and other clients. The firm works closely with each client to understand their investment goals, risk tolerance, and overall financial situation in order to design a personalized portfolio strategy. Essex Financial primarily builds portfolios using low-cost, diversified mutual funds and exchange-traded funds, while also utilizing individual stocks, bonds, private investments, or third-party managers when appropriate. In addition to ongoing portfolio supervision, the firm provides comprehensive financial planning covering areas such as retirement planning, personal savings, education funding, and insurance needs. Essex Financial operates as a registered investment advisor legally required to act in your best interest, and is wholly owned by Essex Bank.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.50% |
Annual investment management fees range from 0.50% to 1.50% based on asset size, complexity, and overall relationship. Fees are negotiable at the firm's discretion.