Resources Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Resources Management reports 383 clients. They include 186 individual clients, 160 high-net-worth individuals, and 26 corporations and other businesses. Of its assets, 93.6% ($999M across 834 accounts) are managed with discretion; $68.3M across 31 accounts are not. It advised 5 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 49% | 6% |
| High-net-worth individuals | 42% | 74% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | 2% | 4% |
| State or municipal government entities | <1% | <1% |
| Other client typesCorporations and other businesses | 7% | 14% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 186 | $68.2M | 6.4% | $367K |
| High-net-worth individuals | 160 | $794M | 74.4% | $4.97M |
| Pension and profit-sharing plans | Fewer than 5 | $7.23M | 0.7% | $3.62M |
| Charitable organizations | 7 | $41.5M | 3.9% | $5.93M |
| State or municipal government entities | Fewer than 5 | $8.75M | 0.8% | $4.38M |
| Corporations and other businesses | 26 | $147M | 13.8% | $5.65M |
| Total | 383 | $1.07B | 100% | — |
- Clients
- 186
- Regulatory AUM
- $68.2M
- AUM share
- 6.4%
- Avg. per client
- $367K
- Clients
- 160
- Regulatory AUM
- $794M
- AUM share
- 74.4%
- Avg. per client
- $4.97M
- Clients
- Fewer than 5
- Regulatory AUM
- $7.23M
- AUM share
- 0.7%
- Avg. per client
- $3.62M
- Clients
- 7
- Regulatory AUM
- $41.5M
- AUM share
- 3.9%
- Avg. per client
- $5.93M
- Clients
- Fewer than 5
- Regulatory AUM
- $8.75M
- AUM share
- 0.8%
- Avg. per client
- $4.38M
- Clients
- 26
- Regulatory AUM
- $147M
- AUM share
- 13.8%
- Avg. per client
- $5.65M
Total
- Clients
- 383
- Regulatory AUM
- $1.07B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 5
- Private funds advised
- 0
Resources Management charges up to 1.00% for its Basic Fee Schedule. The brochure does not state whether the rate is annual. The fee is billed in arrears and is negotiable.
Fee details and sources
Michael Herlihy owns 75% or more of Resources Management. The leadership team of Resources Management includes President Michael Herlihy and Chief Compliance Officer William Herlihy. It has 14 employees, 7 of them in advisory roles.
Leadership
- Michael HerlihyPresident/ CEO
- William HerlihyChief Compliance Officer/ COO
Investment adviser representatives
7 representatives listed in the SEC register as of 9 October 2026.
- Carter Egan Dizes
- Logan Patrick French
- Michael William Herlihy
- Patrick Michael Herlihy
- William Thomas Herlihy
- Carie Ann Hodel
- Alana Lindsey Pezzuti
Staff
- 14 employees
- 7 in advisory functions
- 7 state-registered reps
- Owns 75% or more of Resources Management Corp
Michael Herlihy
Control person · since January 2005
Resources Management’s regulatory assets grew from $864M (March 2021) to $1.07B (April 2026); clients were 383 in both filings and employees were 14 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $1.07B | 383 | 14 | 1 |
| March 2025 | $987M | 396 | 14 | 1 |
| March 2024 | $951M | 390 | 14 | 1 |
| April 2023 | $852M | 393 | 14 | 1 |
| March 2022 | $1B | 394 | 14 | 1 |
| March 2021 | $864M | 374 | 14 | 1 |
Besides its headquarters, Resources Management has 0 offices, with 1 listed address in Connecticut.
Connecticut · 1 listed address
- 643 Prospect Avenue, West HartfordHQ
Contact and registration details
- Legal name
- Resources Management Corp
- Headquarters
- 643 Prospect Avenue, West Hartford, CT 06105
- Website
- rmcinvestmentadvisors.com
- Phone
- 860-561-1245
- @rmc-investment-advisors
- SEC file
- 801-21902
- Founded
- 1979
- Structure
- Connecticut corporation
- Fiscal year end
- December
Resources Management uses Fidelity ($624M, 59%), Fifth Third Bank ($267M, 25%) and Charles Schwab ($170M, 16%) as custodians for its separately managed accounts. Resources Management has custody of $363M in client assets for 123 clients.
- FidelityFidelity Distributors Company LLC · Smithfield, RI · $624M59%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $170M16%
- Fifth Third BankFifth Third Bank · Cincinnati, OH · $267M25%
At year end, Resources Management’s separately managed accounts were mostly in stocks (73%) and bonds (20%).
What the accounts hold
- Stocks73%
- Bonds20%
- Investment grade corporate bonds10%
- State and local bonds9%
- U.S. government and agency bonds1%
- Cash7%
How many clients does Resources Management have?
Resources Management has 383 clients and manages $1.07 billion for them, as of April 2026. They include 186 individual clients, 160 high-net-worth individuals, and 26 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 April 2026
What services does Resources Management offer?
Resources Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Resources Management charge?
Resources Management charges up to 1.00% for its Basic Fee Schedule. The brochure does not state whether the rate is annual. The fee is billed in arrears and is negotiable.
Which custodians does Resources Management use?
Resources Management’s separately managed account assets are held at Fidelity Distributors Company LLC (Smithfield, RI), with $624M, Fifth Third Bank (Cincinnati, OH), with $267M and Charles Schwab & Co., Inc. (Westlake, TX), with $170M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 April 2026
How many financial advisors does Resources Management have?
Resources Management has 7 investment adviser representatives registered with state securities authorities, out of 14 employees, and 7 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 Resources Management invest in?
At the end of its last fiscal year, Resources Management’s separately managed accounts held 73% exchange-traded equities, 10% investment grade corporate bonds, 9% state and local bonds, 7% 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 Resources Management?
Resources Management’s direct owner is Michael Herlihy (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 29 April 2026
How does Resources Management get paid?
Resources Management is paid through a percentage of assets under management. 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
Is Resources Management registered with the SEC?
Yes, Resources Management has been registered with the SEC as an investment adviser since 24 August 1984. Its CRD number is 104674 and its SEC file number is 801-21902.
Source: Form ADV Part 1A, Item 1, filed 29 April 2026; IAPD firm record
How do I contact Resources Management?
Resources Management’s main office is at 643 Prospect Avenue, West Hartford, CT 06105. Its phone number is 860-561-1245. Its website is rmcinvestmentadvisors.com.