Harrington Investments, Incorporated (Napa)

Name: Harrington Investments, Incorporated
Address: 1001 Second Street, Napa, CA, 94559 3030
Telephone: 707-252-6166

Harrington Investments, Incorporated is a large advisory firm based in Napa. It manages $264.95 million of regulatory assets for 212 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.

Harrington Investments, Incorporated provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm also engages as certified financial planning.

Harrington Investments, Incorporated: assets under management

The assets under management (AUM) of Harrington Investments, Incorporated is $264.95 million. The firm's AUM has grown by 89% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $264.35 million in discretionary accounts and $597.18 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.26 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $298.59 thousand.

Harrington Investments, Incorporated has custody of $5.78 million in cash and securities for 22 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is government bonds, which make up 21% of the firm’s portfolio. Investments in investment grade corporate bonds form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Harrington Investments, Incorporated for their services and products based on a percentage of assets under management and hourly charges. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Harrington Investments, Incorporated serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Harrington Investments, Incorporated is high net worth individuals with 65 clients and $207.27 million of assets under management. Among the 11 most similar advisory firms, Harrington Investments, Incorporated has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $255.73 million for 114 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.

Harrington Investments, Incorporated doesn't advise any private funds.

Careers at Harrington Investments, Incorporated

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Charles Harrington	President / ceo	1 Jul 1987	50% - 75%	1004916
Diana Lynn Harrington	Vice president	1 Jul 1987	50% - 75%	4391726
Susan Kunkle Bogar	Chief compliance officer	1 Jan 2000	Other	1977105
Mark Forrest Hill	Chief compliance officer	1 Sep 2007	Other	4920229
Tracy Geraghty	Chief compliance officer	1 Sep 2015	Other	6553129
Jeffrey Earl Field	Chief compliance officer	1 Sep 2018	Other	5471318

Based in Napa

The principal office where Harrington Investments, Incorporated performs its advisory services is located at 1001 Second Street, Napa, CA 94559 3030, 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 707-252-6166 or by fax 707-257-7923. The normal business hours are 8:00 am to 4:00 pm on Monday - Friday. You can find more information about the New York firm at investglobalsri.com/ and its LinkedIn profile.