Yhb Investment Advisors Inc (West Hartford)

Name: Yhb Investment Advisors Inc
Address: 29 South Main Street, West Hartford, CT, 06107 2417
Telephone: 860-561-7050

Yhb Investment Advisors Inc is a large advisory firm based in West Hartford. It manages $1.33 billion of regulatory assets for 2,212 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Connecticut, and 14 other states.

Yhb Investment Advisors provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Yhb Investment Advisors: assets under management

The assets under management (AUM) of Yhb Investment Advisors Inc is $1.33 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 217% since the beginning of its operation, and $3.5 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.33 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $602.72 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 54% of the total AUM. The second-largest asset type is state and local bonds, which make up 15% of the firm’s portfolio. Investments in investment grade corporate bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Yhb Investment Advisors Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Paul Roger Martel serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Paul Roger Martel is high net worth individuals with 292 clients and $902.2 million of assets under management. Among the 8 most similar advisory firms, Yhb Investment Advisors has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.33 billion for 831 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.

Yhb Investment Advisors doesn't advise any private funds.

Careers at Yhb Investment Advisors Inc

The company employs 23 people that are either part- or full-time employees. 61 percent of the employees work as investment advisers or researchers. 14 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Paul Roger Martel has been acting as President since 1 Nov 1989. Dennis Patrick Hannigan has served as the Chief Investment Officer since 1 Jan 2009. Linda Lee Morel joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Paul Roger Martel	President	1 Nov 1989	25% - 50%	839466
Gary Bruce Youell	Vice president	1 Nov 1989	Other	851881
Randy Bliss	Treasurer/secretary	1 Nov 1989	Other	1349574
Paul Roger Martel	President and chairman	1 Jan 1990	50% - 75%	839466
Gary Bruce Youell	Vice president and chairman	1 Dec 2008	25% - 50%	851881
Mark Wilson Everette	Secretary, chief executive officer	1 Jan 2009	25% - 50%	4703122
Dennis Patrick Hannigan	Chief investment officer	1 Jan 2009	Other	5081568
Michelle Anne Dimartino	Chief compliance officer	1 Jan 2018	Other	6932918
Linda Lee Morel	Vice president	1 Jul 2019	Other	6283368

Based in West Hartford

The principal office where Yhb Investment Advisors Inc performs its advisory services is located at 29 South Main Street, West Hartford, CT 06107 2417, 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 860-561-7050 or by fax 860-561-7055. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at yhbia.com.