Infinex Investments, Inc. (Meriden)

Name: Infinex Investments, Inc.
Address: 538 Preston Avenue, Meriden, CT, 06450 4858
Telephone: 203-599-6000

Infinex Investments, Inc. is a large advisory firm based in Meriden. It manages $1.36 billion of regulatory assets for 5,839 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Infinex Investments provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and solicitation services for other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Infinex Investments: assets under management

The assets under management (AUM) of Infinex Investments, Inc. is $1.36 billion. The firm's AUM has grown by 3003% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $475.22 million in discretionary accounts and $880.27 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $158.25 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $310.39 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 45% of the total AUM. The second-largest asset type is state and local bonds, which make up 37% of the firm’s portfolio. Investments in investment and business development companies form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Infinex Investments, 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 Rheo Arthur Brouillard serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Rheo Arthur Brouillard is individuals with 4,890 clients and $1.23 billion of assets under management. Among the 9 most similar advisory firms, Infinex Investments has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.35 billion for 4,986 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.

Infinex Investments doesn't advise any private funds.

Careers at Infinex Investments, Inc.

The company employs 867 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 523 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.

Rheo Arthur Brouillard has been acting as President since 1 Sep 1995. John Michael Cooney joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gerald Michael Noonan	Chairman	1 Apr 1993	Other	2420455
Thomas Scott Mongellow	Treasurer	1 Apr 1993	Other	2420458
Connecticut Bankers Association	Shareholder	1 Feb 1995	Other	06-0550070
Gary Charles Smith	Director	1 Apr 1995	Other	2912529
John Joseph Martocci	Director	1 May 1995	Other	2912521
Charles Borromee Paquette	Director	1 May 1995	Other	2912527
Rheo Arthur Brouillard	Director	1 Sep 1995	Other	2912515
John Francis Jr Martin	Financial & operations principal	1 Feb 1999	Other	1798406
Stephen Paul Amarante	President & ceo	1 Mar 1999	Other	3165067
Daniel John Forte	Vice chairman	1 Nov 1999	Other	4126203
Massachusetts Bankers Association	Shareholder	1 Nov 1999	Other	04-1589780
Robert Jennings Lewis	Director	1 Jun 2000	Other	4220781
James Daniel Egan	Director	1 Apr 2002	Other	4533727
Mark C Yanarella	Director	1 Oct 2003	Other	3065541
Inc. Ridgefield Financial Services	Shareholder	1 Jan 2004	Other	06-1434714
William Francis Cummings	Executive vice president, coo and general counsel	1 Apr 2004	Other	4761165
Benedict Weissenrieder	Director	1 Jan 2008	Other	5489670
Calvin Richard Miller	Director	1 Oct 2008	Other	5621360
Joe Allen Shearin	Director	1 Oct 2008	Other	5622600
Robert Glenn Watts	Director	1 Jan 2009	Other	5638937
John Clyde Boucher	Director	1 Aug 2009	Other	5717929
Margaret C Goz	Cfo&treasurer	1 Jun 2011	Other	5458296
Douglas John Preveza	Chief compliance officer	1 Aug 2012	Other	2692333
Inc. Infinex Financial Holdings	Holding company	1 May 2015	75% - 100%	47-4123191
John Michael Cooney	Chief compliance officer	1 Mar 2016	Other	1326757

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Fairfield County Bank Corp	Shareholder	1 Jan 2004	75% - 100%	06-0510330

Based in Meriden

The principal office where Infinex Investments, Inc. performs its advisory services is located at 538 Preston Avenue, Meriden, CT 06450 4858, which is also the mailing address of the firm. An additional office of the firm is in Ocala, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-599-6000 or by fax 203-599-6001. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at infinexgroup.com.