Top 4 financial advisor firms in Essex

4 SEC-registered financial advisor firms are headquartered in Essex, CT, with $4.99B in combined regulatory assets under management. The largest by assets are Essex Financial Services ($4.17B), Jeffrey N. Mehler, CFP ($416M) and Alchemi Wealth ($287M).

4
Financial advisor firms: $4.99B
Their combined AUM: $352M
Median firm AUM: 4,407
Clients of the top 4

The 4 largest by assets

1
Essex Financial Services
RIA
$4.17B
0.50% to 1.50% a year
2
Jeffrey N. Mehler, CFP
RIA
$416M
0.75% to 1.35% a year
3
Alchemi Wealth
RIA
$287M
0.75% to 1.50% a year
4
Sullivan Financial
RIA
$119M
Regulatory AUM

Profiles of the top 4

No. 1 · RIA

Essex Financial Services

Essex Financial Services is an investment adviser based in Essex, CT, registered with the SEC since 2003. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and pension and profit-sharing plans. Its regulatory assets under management total $4.17 billion, as filed on 25 August 2026.

Essex Financial Services charges 0.50%–1.50% a year for its Wealth Management Services.

Regulatory AUM: $4.17B
Clients: 2,963
Advisory staff: 42
Founded: 2003
Fee schedule: 0.50% to 1.50% a year
Custodians: Pershing, Fidelity
Headquarters: 176 Westbrook Road, Essex, CT 06426
Phone: 860-767-4300
Website: essexfinancialservices.net

No. 2 · RIA

Jeffrey N. Mehler, CFP

Jeffrey N. Mehler, CFP is an investment adviser based in Essex, CT, registered with the SEC since 2006. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients and charitable organizations. Its regulatory assets under management total $416 million, as filed on 30 March 2026.

Jeffrey N. Mehler, CFP charges 0.75%–1.35% a year for its Investment Management and Supervisory Services.

Regulatory AUM: $416M
Clients: 177
Advisory staff: 4
Founded: 1994
Fee schedule: 0.75% to 1.35% a year
Minimum account: $1,500,000
Custodians: Fidelity
Headquarters: 147 Westbrook Road, Essex, CT 06426
Phone: 860-767-9700
Website: jnmehler.com

No. 3 · RIA

Alchemi Wealth

Alchemi Wealth is an investment adviser based in Essex, CT, registered with the SEC since 2020. It provides financial planning and investment management. Its clients include individual clients, high-net-worth individuals, and pension and profit-sharing plans. Its regulatory assets under management total $287 million, as filed on 14 September 2026.

Alchemi Wealth charges 0.75%–1.50% a year for its Investment Management Services.

Regulatory AUM: $287M
Clients: 1,136
Advisory staff: 6
Fee schedule: 0.75% to 1.50% a year
Custodians: Charles Schwab
Headquarters: 35 Pratt Street, Suite 202, Essex, CT 06426
Phone: 860-767-7500
Website: alchemiwealth.com

No. 4 · RIA

Sullivan Financial

Sullivan Financial is an investment adviser based in Essex, CT, registered with the SEC since 2024. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and pension and profit-sharing plans. Its regulatory assets under management total $119 million, as filed on 23 March 2026.

Regulatory AUM: $119M
Clients: 131
Advisory staff: 2
Custodians: Empower, Charles Schwab
Headquarters: 15a Main Street, Essex, CT 06426
Phone: 860-657-4150
Website: sullfin.com

Questions about financial advisors in Essex

How many financial advisor firms are headquartered in Essex?

4 SEC-registered financial advisor firms report their principal office in Essex, CT, managing $4.99B in regulatory assets between them.

Source: Form ADV Part 1A, Items 1.F, 5.D and 5.F

What is the largest financial advisor firm in Essex?

Essex Financial Services, with $4.17B in regulatory assets under management on its latest Form ADV. The next largest are Jeffrey N. Mehler, CFP ($416M) and Alchemi Wealth ($287M).

Source: Form ADV Part 1A, Item 5.F

How large is a typical financial advisor firm in Essex?

The median firm manages $352M in regulatory assets. That is the midpoint of the 4 firms headquartered in Essex.

Source: Form ADV Part 1A, Item 5.F

How much do financial advisors in Essex charge?

Of the 4 largest firms, 3 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 1.35% to 1.50% of assets, depending on the firm; each firm's fee is in its profile above.

Source: Form ADV Part 2A brochures, Item 5

How can I check a financial advisor's record in Essex?

Search the firm or the person on the SEC's Investment Adviser Public Disclosure site, adviserinfo.sec.gov, which shows registrations, Form ADV filings and any disclosures. Each firm profile in this directory links its SEC record.

Source: SEC Investment Adviser Public Disclosure

How is this list ordered?

By regulatory assets under management as filed on Form ADV, largest first. A firm is included when its principal office is in the city and most of its client assets belong to individuals and its type is RIA, which leaves out broker-dealers, wirehouses, RIA networks, digital advice, bank, insurance and family-office firms. A firm with only a branch office here is listed in its own headquarters city.

Source: Niva directory methodology

Essex has 4 financial advisor firms; see every adviser in the city →