Westport Capital Markets, LLC is a large advisory firm based in Westport. It manages $321.81 million of regulatory assets for 253 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Florida, New Hampshire, and 4 other states.
Westport Capital Markets provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Westport Capital Markets, LLC is $321.81 million. The firm's AUM has grown by 520% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Westport Capital Markets, LLC for their services and products based on a percentage of assets under management, fixed fees, and commissions. 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.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Westport Capital Markets is pension and profit sharing plans with 18 clients and $225.47 million of assets under management. Among the 9 most similar advisory firms, Westport Capital Markets has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $321.81 million for 253 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.
Westport Capital Markets doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 5 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.
The principal office where Westport Capital Markets, LLC performs its advisory services is located at 257 Riverside Avenue, Westport, CT 06880, which is also the mailing address of the firm. An additional office of the firm is in Guilford, CT. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 203-222-8933 or by fax 203-222-8898. The normal business hours are 8:00 am-5:00 pm on Monday - Friday. You can find more information about the New York firm at westportcapitalmarkets.com and its LinkedIn profile.