Corrigan Financial Inc is a large advisory firm based in Middletown. It manages $735.95 million of regulatory assets for 1,018 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 12 other states.
Corrigan Financial provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and tax planning and preparation. It prepares financial plans for approximately 800 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Corrigan Financial Inc is $735.95 million. The firm's AUM has grown by 504% 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 Corrigan Financial Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Daniel Gerard Corrigan is individuals with 968 clients and $550.5 million of assets under management. Among the 6 most similar advisory firms, Corrigan Financial has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $735.95 million for 1,018 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.
Corrigan Financial doesn't advise any private funds.
The company employs 22 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 12 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.
Daniel Gerard Corrigan has been acting as President since 1 Nov 1989. Andrew John Parsons joined the executive team most recently as the Chief Compliance Officer.
The principal office where Corrigan Financial Inc performs its advisory services is located at 747 Aquidneck Ave, Middletown, RI 02842 7223, 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 401-849-9313 or by fax 401-849-5508. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at corriganfinancialinc.com.