Wright Investors Service provides portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and publishing newsletters.
Wright Investors Service reports 90 clients. They include 53 individual clients, 15 banking or thrift institutions and 9 high-net-worth individuals. Of its assets, 57.1% ($690M across 371 accounts) are managed with discretion; $518M across 800 accounts are not. A wrap fee program the firm both sponsors and manages holds $31.3M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 59% | 2% |
| High-net-worth individuals | 10% | 1% |
| Banking or thrift institutions | 17% | 63% |
| Pension and profit-sharing plans | 9% | 18% |
| Charitable organizations | Fewer than 5 | 3% |
| Other client typesState or municipal government entities; Corporations and other businesses; Other | 6% | 13% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 53 | $23.6M | 2.0% | $445K |
| High-net-worth individuals | 9 | $12.2M | 1.0% | $1.36M |
| Banking or thrift institutions | 15 | $762M | 63.1% | $50.8M |
| Pension and profit-sharing plans | 8 | $215M | 17.8% | $26.9M |
| Charitable organizations | Fewer than 5 | $36.5M | 3.0% | — |
| State or municipal government entities | 5 | $97.6M | 8.1% | $19.5M |
| Corporations and other businesses | Fewer than 5 | $2.03M | 0.2% | — |
| Other | Fewer than 5 | $58.7M | 4.9% | — |
| Total | 90 | $1.21B | 100% | — |
- Clients
- 53
- Regulatory AUM
- $23.6M
- AUM share
- 2.0%
- Avg. per client
- $445K
- Clients
- 9
- Regulatory AUM
- $12.2M
- AUM share
- 1.0%
- Avg. per client
- $1.36M
- Clients
- 15
- Regulatory AUM
- $762M
- AUM share
- 63.1%
- Avg. per client
- $50.8M
- Clients
- 8
- Regulatory AUM
- $215M
- AUM share
- 17.8%
- Avg. per client
- $26.9M
- Clients
- Fewer than 5
- Regulatory AUM
- $36.5M
- AUM share
- 3.0%
- Avg. per client
- —
- Clients
- 5
- Regulatory AUM
- $97.6M
- AUM share
- 8.1%
- Avg. per client
- $19.5M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.03M
- AUM share
- 0.2%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $58.7M
- AUM share
- 4.9%
- Avg. per client
- —
Total
- Clients
- 90
- Regulatory AUM
- $1.21B
- AUM share
- 100%
- Avg. per client
- —
- 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
- 0
Wright Investors Service is paid through a percentage of assets under management, subscription fees and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
The Winthrop Corporation owns 75% or more of Wright Investors Service and is in turn owned by Khandwala Capital Management, Inc. (75% or more). The leadership team of Wright Investors Service includes President Manish Maheshwari and Chief Compliance Officer Michael Fleming. It has 22 employees, 9 of them in advisory roles.
Staff
- 22 employees
- 9 in advisory functions
- 7 state-registered reps
- 3 broker-dealer reps
- Owns 75% or more of Wright Investors Service Inc
The Winthrop Corporation
Control person · since January 1996
- Owns 75% or more of The Winthrop Corporation
Khandwala Capital Management, Inc.
Control person · since July 2018
- Owns 75% or more of Khandwala Capital Management, Inc.
Amit Khandwala
Control person · since July 2018
Wright Investors Service’s regulatory assets fell from $1.28B (March 2021) to $1.21B (March 2026); clients fell from 106 to 90 and employees rose from 18 to 22.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $1.21B | 90 | 22 | 1 |
| Jun 2025June 2025 | $1.24B | 79 | 23 | 1 |
| Mar 2024March 2024 | $1.29B | 126 | 20 | 1 |
| Mar 2023March 2023 | $1.3B | 126 | 18 | 1 |
| Mar 2022March 2022 | $1.4B | 114 | 24 | 1 |
| Mar 2021March 2021 | $1.28B | 106 | 18 | 1 |
Besides its headquarters, Wright Investors Service has 0 offices, with 1 listed address in 1 state.
Connecticut · 1 listed address
- 2 Corporate Drive, Suite 770, SheltonHQ
Contact and registration details
- Legal name
- Wright Investors Service Inc
- Headquarters
- 2 Corporate Drive, Suite 770, Shelton, CT 06484
- Website
- Not reported
- Phone
- 203-783-4400
- @wright-investors'-service
- SEC file
- 801-51257
- Structure
- Connecticut corporation
- Fiscal year end
- December
Wright Investors Service’s named custodians for separately managed accounts are United Community Bank ($169M, 54%) and Manufacturers and Traders Trust ($146M, 46%). Wright Investors Service does not have custody of client assets.
- United Community BankUnited Community Bank · Quincy, IL · $169M54%
- Manufacturers and Traders TrustManufacturers and Traders Trust Company · Buffalo, NY · $146M46%
At year end, Wright Investors Service’s separately managed accounts were mostly in stocks (68%) and bonds (15%). Its reported 13F holdings for the quarter ended 30 June 2026 total $366M across 148 positions; the largest are Nvidia Corporation (4.9%), Apple Inc. (4.7%) and Microsoft Corp. (3.8%).
What the accounts hold
- Stocks68%
- Funds14%
- Bonds15%
- U.S. government and agency bonds7%
- Investment grade corporate bonds5%
- State and local bonds3%
- Cash2%
Filed values cover 99%. The neutral 1% gap has no reported category.
How many clients does Wright Investors Service have?
Wright Investors Service has 90 clients and manages $1.21 billion for them, as of March 2026. They include 53 individual clients, 15 banking or thrift institutions and 9 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 March 2026
What services does Wright Investors Service offer?
Wright Investors Service provides portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and publishing newsletters.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Wright Investors Service use?
Wright Investors Service’s separately managed account assets are held at United Community Bank (Quincy, IL), with $169M and Manufacturers and Traders Trust Company (Buffalo, NY), with $146M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 March 2026
How many financial advisors does Wright Investors Service have?
Wright Investors Service has 7 investment adviser representatives registered with state securities authorities, out of 22 employees, and 9 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 0 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 Wright Investors Service invest in?
At the end of its last fiscal year, Wright Investors Service’s separately managed accounts held 68% exchange-traded equities, 14% registered funds (mutual funds, ETFs, BDCs), 7% U.S. government and agency bonds, 5% investment grade corporate bonds, 3% state and local bonds and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Wright Investors Service?
Wright Investors Service is owned through a chain of holding companies by Amit Khandwala. Its direct owner is the Winthrop Corporation (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 16 March 2026
How does Wright Investors Service get paid?
Wright Investors Service is paid through a percentage of assets under management, subscription fees 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 Wright Investors Service?
Wright Investors Service’s main office is at 2 Corporate Drive, Suite 770, Shelton, CT 06484. Its phone number is 203-783-4400.