Hartford Financial Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, and educational seminars. Financial planning was provided to 51–100 clients last fiscal year.
Hartford Financial Management reports 185 clients. They include 145 individual clients, 31 high-net-worth individuals and 4 charitable organizations. Of its assets, 99.7% ($698M across 184 accounts) are managed with discretion; $1.95M across 1 account is not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 78% | 28% |
| High-net-worth individuals | 17% | 43% |
| Banking or thrift institutions | 1% | 28% |
| Pension and profit-sharing plans | 1% | 1% |
| Charitable organizations | 2% | <1% |
| Other client typesCorporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 145 | $195M | 27.9% | $1.34M |
| High-net-worth individuals | 31 | $298M | 42.6% | $9.61M |
| Banking or thrift institutions | 2 | $193M | 27.6% | $96.5M |
| Pension and profit-sharing plans | 2 | $7.44M | 1.1% | $3.72M |
| Charitable organizations | 4 | $5.17M | 0.7% | $1.29M |
| Corporations and other businesses | 1 | $1.01M | 0.1% | $1.01M |
| Total | 185 | $700M | 100% | $3.78M |
- Clients
- 145
- Regulatory AUM
- $195M
- AUM share
- 27.9%
- Avg. per client
- $1.34M
- Clients
- 31
- Regulatory AUM
- $298M
- AUM share
- 42.6%
- Avg. per client
- $9.61M
- Clients
- 2
- Regulatory AUM
- $193M
- AUM share
- 27.6%
- Avg. per client
- $96.5M
- Clients
- 2
- Regulatory AUM
- $7.44M
- AUM share
- 1.1%
- Avg. per client
- $3.72M
- Clients
- 4
- Regulatory AUM
- $5.17M
- AUM share
- 0.7%
- Avg. per client
- $1.29M
- Clients
- 1
- Regulatory AUM
- $1.01M
- AUM share
- 0.1%
- Avg. per client
- $1.01M
Total
- Clients
- 185
- Regulatory AUM
- $700M
- AUM share
- 100%
- Avg. per client
- $3.78M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Hartford Financial Management charges 0.30%–1.00% a year for its Customized portfolios of individual securities. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $7,500 annual minimum. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 1.00% |
| $2M–$3M | 0.60% |
| $3M–$5M | 0.50% |
| $5M–$20M | 0.35% |
| $20M and above | 0.30% |
Fee details and sources
Other fees
- Consultation and financial planning analyses
- Consultation and financial planning analyses for family-owned businesses and related clients are negotiated case by case and billed hourly or on a contract basis.
Rafael Quiros owns 75% or more of Hartford Financial Management. The leadership team of Hartford Financial Management includes President Kevin Quiros and Chief Compliance Officer Ann Cohen. It has 10 employees, 6 of them in advisory roles.
Staff
- 10 employees
- 6 in advisory functions
- 7 state-registered reps
- Owns 75% or more of Hartford Financial Management Inc
Rafael Quiros
Control person · since October 1988
Hartford Financial Management’s regulatory assets fell from $766M (March 2021) to $700M (March 2026); clients fell from 203 to 185 and employees were 10 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $700M | 185 | 10 | 1 |
| Mar 2025March 2025 | $713M | 186 | 10 | 1 |
| Mar 2024March 2024 | $685M | 186 | 10 | 1 |
| Mar 2023March 2023 | $716M | 197 | 10 | 1 |
| Mar 2022March 2022 | $848M | 195 | 11 | 1 |
| Mar 2021March 2021 | $766M | 203 | 10 | 1 |
Besides its headquarters, Hartford Financial Management has 0 offices, with 1 listed address in 1 state.
Connecticut · 1 listed address
- 65 Lasalle Road Ste 307, West HartfordHQ
Other business names
Hartford Financial Management has reported 1 other business name to the SEC.
- HFM Wealth Management
Contact and registration details
- Legal name
- Hartford Financial Management Inc
- Headquarters
- 65 Lasalle Road Ste 307, West Hartford, CT 06107
- Website
- hfmonline.com
- Phone
- 860-241-0028
- SEC file
- 801-33701
- Structure
- Connecticut corporation
- Fiscal year end
- December
Hartford Financial Management’s named custodians for separately managed accounts are Charles Schwab ($532M, 82%) and Wilmington Trust ($115M, 18%). Hartford Financial Management has custody of $124M for 62 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $532M82%
- Wilmington TrustWilmington Trust · Buffalo, NY · $115M18%
At year end, Hartford Financial Management’s separately managed accounts were largely in funds (40%) and stocks (35%). Its reported 13F holdings for the quarter ended 30 June 2026 total $448M across 349 positions; the largest are J P Morgan Exchange Traded F (8.0%), Vanguard World FD (5.2%) and Applied Matls Inc. (4.6%).
What the accounts hold
- Stocks35%
- Funds40%
- Bonds18%
- State and local bonds15%
- U.S. government and agency bonds2%
- Investment grade corporate bonds1%
- Cash1%
- Other6%
- Re (xii): other: mortgage-backed or asset-backed securities, alternatives.6%
How many clients does Hartford Financial Management have?
Hartford Financial Management has 185 clients and manages $700 million for them, as of March 2026. They include 145 individual clients, 31 high-net-worth individuals and 4 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does Hartford Financial Management offer?
Hartford Financial Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Hartford Financial Management charge?
Hartford Financial Management charges 0.30%–1.00% a year for its Customized portfolios of individual securities. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $7,500 annual minimum.
Source: FORM ADV PART 2A DATED 2026MARCH25, filed 27 March 2026
Which custodians does Hartford Financial Management use?
Hartford Financial Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $532M and Wilmington Trust (Buffalo, NY), with $115M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does Hartford Financial Management have?
Hartford Financial Management has 7 investment adviser representatives registered with state securities authorities, out of 10 employees, and 6 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Hartford Financial Management invest in?
At the end of its last fiscal year, Hartford Financial Management’s separately managed accounts held 40% registered funds (mutual funds, ETFs, BDCs), 35% exchange-traded equities, 15% state and local bonds, 6% other, 2% U.S. government and agency bonds, 1% investment grade corporate bonds and 1% cash and equivalents. The 6% other category is described as: Re (Xii): Other: Mortgage-Backed Or Asset-Backed Securities, Alternatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Hartford Financial Management?
Hartford Financial Management’s direct owner is Rafael Quiros (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Hartford Financial Management get paid?
Hartford Financial Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Hartford Financial Management?
Hartford Financial Management’s main office is at 65 Lasalle Road Ste 307, West Hartford, CT 06107. Its phone number is 860-241-0028. Its website is hfmonline.com.