Sagebroadview Financial Planning, LLC (Farmington)

Name: Sagebroadview Financial Planning, LLC
Address: 6 Executive Drive, Farmington, CT, 06032
Telephone: 860-606-3580

Sagebroadview Financial Planning, LLC is a large advisory firm based in Farmington. It manages $190.01 million of regulatory assets for 478 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Connecticut, Florida, Massachusetts, and 3 other states.

Sagebroadview Financial Planning provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and business consulting. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sagebroadview Financial Planning: assets under management

The assets under management (AUM) of Sagebroadview Financial Planning, LLC is $190.01 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 66% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $190.01 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $397.52 thousand each.

Sagebroadview Financial Planning has custody of $51.85 million in cash and securities for 70 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 92% of the total AUM. The second-largest asset type is exchange traded securities, which make up 3% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sagebroadview Financial Planning, 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 Bruce Marcel Del Conte serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Bruce Marcel Del Conte is high net worth individuals with 76 clients and $172.05 million of assets under management. Among the 6 most similar advisory firms, Sagebroadview Financial Planning has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $190.01 million for 104 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.

Sagebroadview Financial Planning doesn't advise any private funds.

Careers at Sagebroadview Financial Planning, LLC

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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.

Bruce Marcel Del Conte has been acting as President since 1 Dec 2000. Lawrence James Annello joined the executive team most recently as the Sole Owner, President & Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Hyde Annello & Schuch P.C. Del Conte	Member	1 Dec 2000	50% - 75%	06-1369673
Lawrence James Annello	Elected manager, chief compliance officer	1 Dec 2000	Other	4650103
Bruce Marcel Del Conte	Director	1 Dec 2000	Other	4650106
Robert Carl Lickwar	Director	1 Dec 2000	Other	4650112
William Edward Schuch	Director	1 Dec 2000	Other	4650114
Llc Sage Advisory Group	Member	1 Jan 2014	50% - 75%	121466
Sheri Iannetta Cupo	Elected manager	1 Jan 2014	Other	4554123
Inc. Broadview Advisory Group	Member	1 Apr 2018	50% - 75%	82-5369702

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
William Edward Schuch	Director	1 Jun 1985	25% - 50%	4650114
Bruce Marcel Del Conte	Director	1 Aug 1986	25% - 50%	4650106
Robert Carl Lickwar	Director	1 Sep 1993	25% - 50%	4650112
Lawrence James Annello	Director	1 Jun 1999	25% - 50%	4650103
Sheri Iannetta Cupo	Managing member	1 Jan 2002	75% - 100%	4554123
Lawrence James Annello	Sole owner, president & secretary	1 Apr 2018	75% - 100%	4650103

Based in Farmington

The principal office where Sagebroadview Financial Planning, LLC performs its advisory services is located at 6 Executive Drive, Farmington, CT 06032, which is also the mailing address of the firm. An additional office of the firm is in Morristown, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 860-606-3580 or by fax 860-606-9484. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at sagebroadview.com.