Se connecter Inscription gratuite

More For Less Financial Solutions, LLC (West Hartford)


More For Less Financial Solutions, LLC is a large advisory firm based in West Hartford. It manages $160.07 million of regulatory assets for 762 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Connecticut, Florida, Massachusetts, and Texas.




More For Less Financial Solutions provides financial planning services, portfolio management for individuals and small businesses, and investment consulting, tax prepartion, bill payment assistence. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

More For Less Financial Solutions: assets under management

The assets under management (AUM) of More For Less Financial Solutions, LLC is $160.07 million. The firm's AUM has grown by 340% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $157.03 million in discretionary accounts and $3.03 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $208.27 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $379.25 thousand.
More For Less Financial Solutions has custody of $9.29 million in cash and securities for 22 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 57% of the total AUM. The second-largest asset type is exchange traded securities, which make up 26% of the firm’s portfolio. Investments in pooled investment vehicles form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay More For Less Financial Solutions, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients More For Less Financial Solutions serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of More For Less Financial Solutions is high net worth individuals with 56 clients and $120.74 million of assets under management. Among the 5 most similar advisory firms, More For Less Financial Solutions has the 2nd highest percentage of high net worth individuals out of all clients.


The amount of regulatory assets under management is $160.07 million for 134 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.

More For Less Financial Solutions doesn't advise any private funds.

Careers at More For Less Financial Solutions, LLC

The company employs 4 people that are either part- or full-time employees. 75 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
Martha B Kapouch Member 1 Oct 1996 50% - 75% 4665762
John William Kapouch Member/chief compliance officer 1 Oct 1996 50% - 75% 2689943

Based in West Hartford

The principal office where More For Less Financial Solutions, LLC performs its advisory services is located at 88 Van Buren Avenue, West Hartford, CT 06107 3052, 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 860-521-7779 or by fax 860-561-1961. The normal business hours are 9am-5pm m-f 9am-12noon sat 7pm-9pm tues-wed on Other.


Registered investment advisers similar to More For Less Financial Solutions, LLC