Oconnell Investment Services Inc (Lincoln)

Oconnell Investment Services Inc is a large advisory firm based in Lincoln. It manages $199.45 million of regulatory assets for 537 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Florida, Massachusetts, and 3 other states.

Oconnell Investment Services provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Oconnell Investment Services: assets under management

The assets under management (AUM) of Oconnell Investment Services Inc is $199.45 million. The firm's AUM has grown by 60% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $195.59 million in discretionary accounts and $3.86 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $393.55 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $96.46 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Oconnell Investment Services Inc for their services and products based on a percentage of assets under management 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.

Careers at Oconnell Investment Services Inc

William Brendan Oconnell has been acting as President since 1 Jun 1993. Denis M Oconnell joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Brendan Oconnell	President	1 Jun 1993	50% - 75%	1236898
Joseph Thomas Oconnell	Vice president	1 Jan 1995	Other	1274911
John Oneill	Senior vice president	1 Dec 1998	Other	2318313
John George Oneill	Senior vice president	1 Dec 1998	Other	2318313
Elizabeth Mackenty	Executive vice president	1 Oct 1999	Other	2837417
Donald Herbert Dolphin	Senior vice president	1 Feb 2000	Other	4325309
Denis M Oconnell	Vice president	1 Oct 2004	Other	4855260

Based in Lincoln

The principal office where Oconnell Investment Services Inc performs its advisory services is located at 11 Blackstone Valley Place, Lincoln, RI 02865, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.