Symmetry Partners, LLC. (Glastonbury)


Symmetry Partners, LLC. is a large advisory firm based in Glastonbury. It manages $5.26 billion of regulatory assets for 19,945 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Symmetry Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and sub-advisor. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Symmetry Partners: assets under management

The assets under management (AUM) of Symmetry Partners, LLC. is $5.26 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1719% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.26 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $263.57 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Symmetry Partners, LLC. for their services and products based on a percentage of assets under management. 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 Symmetry Partners serves?

The firm provides services to individuals, investment companies, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Symmetry Partners is individuals with 16,054 clients and $2.52 billion of assets under management. Among the 7 most similar advisory firms, Symmetry Partners has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $5.24 billion for 16,920 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.

Symmetry Partners doesn't advise any private funds.

Careers at Symmetry Partners, LLC.

The company employs 101 people that are either part- or full-time employees. 8 percent of the employees work as investment advisers or researchers. 29 employees are registered as investment adviser representatives with the state securities authorities.

There are 144 people 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
David Edward Connelly Principal/member 1 Sep 1994 50% - 75% 2269331
Patrick Adam Sweeny Principal/member 1 Sep 1994 50% - 75% 1490512
John A Mooney Chief compliance officer 1 Jul 2004 Other 4851028
John Aloyisus Mooney Chief compliance officer 1 Jul 2004 Other 4851028
Joshua Marc Kaufman Chief compliance officer 1 Jul 2007 Other 2916952
John Aloyisus Mooney Chief compliance officer/general counsel 1 Oct 2007 Other 4851028

Based in Glastonbury

The principal office where Symmetry Partners, LLC. performs its advisory services is located at 151 National Drive, Glastonbury, CT 06033, which is also the mailing address of the firm. An additional office of the firm is in Birmingham, AL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 860-734-2000 or by fax 860-734-2030. The normal business hours are 8:30 am to 5pm est on Monday - Friday. You can find more information about the New York firm at symmetrypartners.com.