Kelly Financial Group provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars. Financial planning was provided to 11–25 clients last fiscal year.
Kelly Financial Group reports 982 clients. They include 844 individual clients, 127 high-net-worth individuals and 11 charitable organizations. Of its assets, 100.0% ($475M across 2,324 accounts) are managed with discretion. It advised 85 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 86% | 44% |
| High-net-worth individuals | 13% | 55% |
| Charitable organizations | 1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 844 | $211M | 44.3% | $250K |
| High-net-worth individuals | 127 | $261M | 55.0% | $2.06M |
| Charitable organizations | 11 | $3.22M | 0.7% | $293K |
| Total | 982 | $475M | 100% | $484K |
- Clients
- 844
- Regulatory AUM
- $211M
- AUM share
- 44.3%
- Avg. per client
- $250K
- Clients
- 127
- Regulatory AUM
- $261M
- AUM share
- 55.0%
- Avg. per client
- $2.06M
- Clients
- 11
- Regulatory AUM
- $3.22M
- AUM share
- 0.7%
- Avg. per client
- $293K
Total
- Clients
- 982
- Regulatory AUM
- $475M
- AUM share
- 100%
- Avg. per client
- $484K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 85
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Kelly Financial Group charges 0.50%–1.00% a year for its Diversified Portfolio Management Program (DPM). Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 0.99% |
| $1M–$4M | 0.75% |
| $4M and above | 0.50% |
Fee details and sources
Other fees
- Financial planning and consulting
- Negotiable; flat fee not to exceed $15,000 or hourly fee not to exceed $300 an hour, quoted in writing.
Robert Hammond owns 50% to 75% of Kelly Financial Group. The leadership team of Kelly Financial Group includes President Scott Iles, Chief Financial Officer Mary Ledwith and Chief Compliance Officer Scott Solod. It has 7 employees, 5 of them in advisory roles.
Leadership
Scott IlesPresident- Mary LedwithChief Financial Officer
- Scott SolodChief Compliance Officer
Robert HammondCEO/Managing Member
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 7 employees
- 5 in advisory functions
- 4 state-registered reps
- 5 broker-dealer reps
- 5 insurance agents
- Owns 50% to 75% of Kelly Financial Group, LLC
Robert Hammond
Control person · since January 2005
- Owns 25% to 50% of Kelly Financial Group, LLC
Scott Iles
Control person · since January 2005
Kelly Financial Group’s regulatory assets grew 6.3× from $74.9M (March 2021) to $475M (July 2026); clients rose from 290 to 982 and employees fell from 10 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $475M | 982 | 7 | 4 |
| April 2025 | $387M | 929 | 11 | 4 |
| April 2024 | $107M | 431 | 11 | 4 |
| March 2023 | $82.1M | 335 | 11 | 4 |
| May 2022 | $89.5M | 295 | 9 | 4 |
| March 2021 | $74.9M | 290 | 10 | 3 |
Besides its headquarters, Kelly Financial Group has 3 offices, with 4 listed addresses in Connecticut, Vermont and Virginia.
Connecticut · 2 listed addresses
- 100 Great Meadow Road, Suite 701, WethersfieldHQ
- 652 Boston Post Road, Guilford
Vermont · 1 listed address
- 128 Lakeside Avenue, Burlington
Virginia · 1 listed address
- 11710 Plaza America Drive, Reston
Other business names
Kelly Financial Group has reported 1 other business name to the SEC.
- Hammond Iles
Contact and registration details
- Legal name
- Kelly Financial Group, LLC
- Headquarters
- 100 Great Meadow Road, Suite 701, Wethersfield, CT 06109
- Website
- Not reported
- Phone
- 860-258-2600
- @hammondileswealthadvisors
- SEC file
- 801-64528
- Structure
- Connecticut LLC
- Fiscal year end
- December
Kelly Financial Group uses Charles Schwab ($474M) as custodian for its separately managed accounts. Kelly Financial Group has custody of $79.8M in client assets for 263 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $474M100%
At year end, Kelly Financial Group’s separately managed accounts were mostly in funds (86%). Its reported 13F holdings for the quarter ended 30 June 2026 total $450M across 107 positions; the largest are J P Morgan Exchange Traded F (15.7%), J P Morgan Exchange Traded F (8.4%) and J P Morgan Exchange Traded F (7.2%).
What the accounts hold
- Stocks7%
- Funds86%
- Bonds1%
- Cash6%
Reported 13F holdings
- $450M
- Reported 13F value
- 107
- Positions
- 68.4%
- In the 10 largest
- +13.2%
- Value vs. prior quarter
- J P Morgan Exchange Traded F · Betabuildrs US15.7%
- J P Morgan Exchange Traded F · Intrnl Res EQT8.4%
- J P Morgan Exchange Traded F · Core Plus BD ETF7.2%
- J P Morgan Exchange Traded F · Activebldrs Emer7.0%
- Pimco ETF TR · Enhncd LW Dur AC6.4%
- iShares TR · Rus 1000 Grw ETF5.5%
- Dimensional ETF Trust · US Targeted Vlu5.1%
- iShares TR · Core US Aggbd ET4.5%
- J P Morgan Exchange Traded F · Betabuilders US4.4%
- J P Morgan Exchange Traded F · US Qualty Fctr4.3%
Together, the ten largest are 68.4% of reported value.
How many clients does Kelly Financial Group have?
Kelly Financial Group has 982 clients and manages $475 million for them, as of July 2026. They include 844 individual clients, 127 high-net-worth individuals and 11 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 July 2026
What services does Kelly Financial Group offer?
Kelly Financial Group provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Kelly Financial Group charge?
Kelly Financial Group charges 0.50%–1.00% a year for its Diversified Portfolio Management Program (DPM). Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Which custodians does Kelly Financial Group use?
Kelly Financial Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $474M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 July 2026
How many financial advisors does Kelly Financial Group have?
Kelly Financial Group has 4 investment adviser representatives registered with state securities authorities, out of 7 employees, and 5 perform investment advisory functions. 5 employees are registered representatives of a broker-dealer and 5 employees are 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 Kelly Financial Group invest in?
At the end of its last fiscal year, Kelly Financial Group’s separately managed accounts held 86% registered funds (mutual funds, ETFs, BDCs), 7% exchange-traded equities, 6% cash and equivalents and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Kelly Financial Group?
Kelly Financial Group’s direct owners are Robert Hammond (50% to 75%) and Scott Iles (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 July 2026
How does Kelly Financial Group get paid?
Kelly Financial Group 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 Kelly Financial Group?
Kelly Financial Group’s main office is at 100 Great Meadow Road, Suite 701, Wethersfield, CT 06109. Its phone number is 860-258-2600.