T.O. Richardson Company, Inc. (Farmington)

Name: T.O. Richardson Company, Inc.
Address: 2 Bridgewater Road, Farmington, CT, 06032 2256
Telephone: 860-677-8578

T.O. Richardson Company, Inc. is a large advisory firm based in Farmington. It manages $41.08 million of regulatory assets for 205 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, and 10 other states.

T.O. Richardson Company provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

T.O. Richardson Company: assets under management

The assets under management (AUM) of T.O. Richardson Company, Inc. is $41.08 million. The firm's AUM has gone down by -80% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $35.19 million in discretionary accounts and $5.9 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $173.33 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.95 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay T.O. Richardson Company, Inc. 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.

Careers at T.O. Richardson Company, Inc.

Samuel Bailey has been acting as President since 1 Oct 1989. Neil Calvert Nichols joined the executive team most recently as the Sr. Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Samuel Bailey	President	1 Oct 1989	25% - 50%	1999619
Jr. Samuel Bailey	President	1 Oct 1989	50% - 75%	1999619
Loyd Austine Crowe	Executive vice president	1 Oct 1994	Other	1850746
Herbert Hutchins Hedick	Shareholder	1 Oct 1994	Other	241441
Neil Calvert Nichols	Vice president	1 Oct 1994	Other	3174974
Lloyd Phillips Griffiths	Shareholder	1 Oct 1994	Other	1215423
Kathleen Messer Russo	Sr. vice president	1 Jan 1997	Other	2581026
Neil Calvert Nichols	Sr. vice president	1 Oct 1999	Other	3174974

Based in Farmington

The principal office where T.O. Richardson Company, Inc. performs its advisory services is located at 2 Bridgewater Road, Farmington, CT 06032 2256, 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 860-677-8578 or by fax 860-678-8793. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.torich.com.