{"url":"https://nivawealth.com/firms/usi-advisors-108113","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/108113","regulatoryAum":56282631536,"crd":"108113","secFileNumber":"801-56622","legalName":"Usi Advisors, Inc.","displayName":"Usi Advisors","website":"http://www.usiadvisorsinc.com/","founded":null,"organization":"Connecticut corporation","fiscalYearEnd":"December","headquarters":{"street":"95 Glastonbury BLVD., Suite 102","city":"Glastonbury","state":"CT","stateName":"Connecticut","country":"United States","postalCode":"06033"},"tradeNames":[],"registration":{"secApproved":"18 June 1999","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":79,"advisory":48,"brokerDealerReps":33,"insuranceAgents":38,"promoters":2},"aum":{"discretionary":2369353896,"discretionaryAccounts":134,"nonDiscretionary":53913277640,"nonDiscretionaryAccounts":1221,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Banking or thrift institutions","clients":20,"regulatoryAum":588435366},{"label":"Investment companies","clients":6,"regulatoryAum":1581255528},{"label":"Business development companies","clients":2,"regulatoryAum":2257606},{"label":"Pension and profit-sharing plans","clients":845,"regulatoryAum":37933546432},{"label":"Charitable organizations","clients":71,"regulatoryAum":2189210589},{"label":"State or municipal government entities","clients":107,"regulatoryAum":3241511101},{"label":"Insurance companies","clients":5,"regulatoryAum":125271537},{"label":"Sovereign wealth funds and foreign official institutions","clients":null,"regulatoryAum":32478713},{"label":"Corporations and other businesses","clients":297,"regulatoryAum":10588664664}],"fees":[],"feeNotes":[],"custodians":[{"name":"Charles Schwab Bank","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":14852888107},{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":16109314800},{"name":"Empower Retirement, LLC","shortName":"Empower","location":"Greenwood Village, CO","smaAssets":7453785282}],"custodyNote":"Usi Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Michael Welz","title":"President","crd":"4308110"},{"name":"Melinda McDonald Robidoux","title":"Chief Compliance Officer","crd":"2848093"},{"name":"Sarah Bruno","title":"Director of Operations","crd":"5090813"},{"name":"Mary Curley","title":"Director & Secretary","crd":"8207294"},{"name":"David L Kappus","title":"Treasurer","crd":"6837749"},{"name":"William Michael Tremko","title":"CEO","crd":"4495149"}],"ownership":[{"label":"Usic Investment Group Inc.","detail":"Shareholder in the 75% or more ownership band and a control person, since May 2017."},{"label":"Usir Management LLC","detail":"Indirect owner: class a shareholder of Usic Investment Group Inc. and a control person, since May 2017.","parent":"Usic Investment Group Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":13,"privateResidences":0},"listedOfficeAddresses":14,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"4370 La Jolla Village Drive","city":"San Diego"}]},{"state":"Colorado","offices":1,"addresses":[{"street":"6501 S. Fiddlers Green Circle","city":"Greenwood Village"}]},{"state":"Connecticut","offices":1,"addresses":[{"street":"95 Glastonbury BLVD., Suite 102","city":"Glastonbury","headquarters":true}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"12 Gill Street","city":"Woburn"}]},{"state":"Minnesota","offices":1,"addresses":[{"street":"8000 Norman Center DR","city":"Bloominton"}]},{"state":"Nebraska","offices":1,"addresses":[{"street":"9394 West Dodge RD.","city":"Omaha"}]},{"state":"New Jersey","offices":2,"addresses":[{"street":"180 Park Ave","city":"Florham Park"},{"street":"7000 Lincoln DR. E","city":"Marlton"}]},{"state":"New York","offices":2,"addresses":[{"street":"725 RXR Plaza - East Tower","city":"Uniondale"},{"street":"261 Madison Avenue","city":"New York"}]},{"state":"Pennsylvania","offices":1,"addresses":[{"street":"Six PPG Place","city":"Pittsburgh"}]},{"state":"Tennessee","offices":1,"addresses":[{"street":"900 South Gay Street","city":"Knoxville"}]},{"state":"Texas","offices":1,"addresses":[{"street":"14241 Dallas Parkway","city":"Dallas"}]},{"state":"Washington","offices":1,"addresses":[{"street":"601 Union Street","city":"Seattle"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"860-633-5283","stateRegisteredReps":75,"otherAdviserReps":6,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Commissions"],"activities":["Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)","Other"],"financialPlanningClients":"0","assetMix":[{"label":"Securities issued by registered investment companies or business development companies","percent":80},{"label":"Cash and cash equivalents","percent":4},{"label":"Other","percent":16,"detail":"Stable Values, Cits, Separate Accounts"}],"privateFunds":0},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/108113/PDF/108113.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Usi Advisors have?","answer":"Usi Advisors has 1,353 clients and manages $56.3 billion for them, as of March 2026. They include 845 pension and profit-sharing plans, 297 corporations and other businesses and 107 state or municipal government entities.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Usi Advisors offer?","answer":"Usi Advisors provides portfolio management for institutions, pension consulting, selecting other managers and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Usi Advisors use?","answer":"Usi Advisors’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $16,109,314,800, Charles Schwab Bank (San Francisco, CA), with $14,852,888,107 and Empower Retirement, LLC (Greenwood Village, CO), with $7,453,785,282. 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 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Usi Advisors have?","answer":"Usi Advisors has 75 investment adviser representatives registered with state securities authorities, out of 79 employees, and 48 perform investment advisory functions. 33 are registered representatives of a broker-dealer and 38 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Usi Advisors invest in?","answer":"At the end of its last fiscal year, Usi Advisors’ separately managed accounts held 80% registered funds (mutual funds, ETFs, BDCs), 16% stable values, cits, separate accounts and 4% cash and equivalents. It advises no private funds of its own.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Usi Advisors?","answer":"Usi Advisors’ direct owner is Usic Investment Group Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Usi Advisors get paid?","answer":"Usi Advisors is paid through a percentage of assets under management, hourly charges, fixed fees and commissions. Its Form ADV lists no 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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}