Top 6 financial advisor firms in Farmington

6 SEC-registered financial advisor firms are headquartered in Farmington, CT, with $7.46B in combined regulatory assets under management. The largest by assets are Connecticut Wealth Management ($4.48B), MJP Associates ($1.56B) and Medallion Wealth Advisors ($517M).

6
Financial advisor firms: $7.46B
Their combined AUM: $457M
Median firm AUM: 6,041
Clients of the top 6

The 6 largest by assets

1
Connecticut Wealth Management
RIA
$4.48B
Up to 1.35%
2
MJP Associates
RIA
$1.56B
0.75% to 1.35% a year
3
Medallion Wealth Advisors
RIA
$517M
Regulatory AUM
4
SAGEbroadview Wealth Management
RIA
$397M
0.30% to 0.70% a year
5
Wealth Management Group of North America
RIA
$346M
Regulatory AUM
6
U.S.A. Financial & Tax Services
RIA
$159M
1.05% to 1.25% a year

Profiles of the top 6

No. 1 · RIA

Connecticut Wealth Management

Connecticut Wealth Management is an investment adviser based in Farmington, CT, registered with the SEC since 2012. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and corporations and other businesses. Its regulatory assets under management total $4.48 billion, as filed on 8 May 2026.

Connecticut Wealth Management charges up to 1.35% for its Investment Management Services. The brochure does not state whether the rate is annual.

Regulatory AUM: $4.48B
Clients: 1,517
Advisory staff: 46
Fee schedule: Up to 1.35%
Minimum account: $2,500,000
Custodians: Fidelity
Headquarters: 281 Farmington Avenue, Farmington, CT 06032-1911
Phone: 860-470-0290
Website: ctwealthmgmt.com

No. 2 · RIA

MJP Associates

MJP Associates is an investment adviser based in Farmington, CT, registered with the SEC since 2004. It provides financial planning and investment management. Its clients include high-net-worth individuals, pension and profit-sharing plans, and individual clients. Its regulatory assets under management total $1.56 billion, as filed on 11 June 2026.

MJP Associates charges 0.75%–1.35% a year for its Asset Management.

Regulatory AUM: $1.56B
Clients: 906
Advisory staff: 12
Fee schedule: 0.75% to 1.35% a year
Custodians: Charles Schwab
Headquarters: 74 Batterson Park RD, Suite 103, Farmington, CT 06032
Phone: 860-677-7755
Website: mjpwealthadvisors.com

No. 3 · RIA

Medallion Wealth Advisors

Medallion Wealth Advisors is an investment adviser based in Farmington, CT, registered with the SEC since 2019. It provides financial planning and investment management. Its clients include individual clients, high-net-worth individuals and charitable organizations. Its regulatory assets under management total $517 million, as filed on 31 March 2026.

Regulatory AUM: $517M
Clients: 2,484
Advisory staff: 4
Custodians: Charles Schwab, Pershing, Osaic Wealth, Vanguard Retirement Services, John Hancock Retirement Services, Aspire Financial Services, Employee Fiduciary
Headquarters: 2 Bridgewater Road, Suite 201, Farmington, CT 06032
Phone: 860-967-3032

No. 4 · RIA

SAGEbroadview Wealth Management

SAGEbroadview Wealth Management is an investment adviser based in Farmington, CT, registered with the SEC since 2015. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and corporations and other businesses. Its regulatory assets under management total $397 million, as filed on 6 July 2026.

SAGEbroadview Wealth Management charges 0.30%–0.70% a year for its Wealth Management.

Regulatory AUM: $397M
Clients: 148
Advisory staff: 5
Founded: 2000
Fee schedule: 0.30% to 0.70% a year
Minimum account: $300,000
Custodians: Charles Schwab, Altruist
Headquarters: 10 Waterside Drive, Suite 305, Farmington, CT 06032-2837
Phone: 860-606-3580
Website: sagebroadview.com

No. 5 · RIA

Wealth Management Group of North America

Wealth Management Group of North America is an investment adviser based in Farmington, CT, registered with the SEC since 2024. It provides financial planning and investment management. Its clients include high-net-worth individuals and individual clients. Its regulatory assets under management total $346 million, as filed on 6 April 2026.

Regulatory AUM: $346M
Clients: 326
Advisory staff: 4
Founded: 1996
Custodians: Charles Schwab, Fidelity
Headquarters: 10 Talcott Notch Road, Suite 103, Farmington, CT 06032
Phone: 860-679-5255
Website: wmgna.com

No. 6 · RIA

U.S.A. Financial & Tax Services

U.S.A. Financial & Tax Services is an investment adviser based in Farmington, CT, registered with the SEC since 2025. It provides financial planning and investment management. Its clients include individual clients and high-net-worth individuals. Its regulatory assets under management total $159 million, as filed on 22 April 2026.

U.S.A. Financial & Tax Services charges 1.05%–1.25% a year for its Asset Management.

Regulatory AUM: $159M
Clients: 660
Advisory staff: 3
Fee schedule: 1.05% to 1.25% a year
Minimum account: $50,000
Custodians: Charles Schwab
Headquarters: 855 Farmington Ave, Farmington, CT 06032
Phone: 860-430-2138
Website: usafinancialandtaxservices.com

Questions about financial advisors in Farmington

How many financial advisor firms are headquartered in Farmington?

6 SEC-registered financial advisor firms report their principal office in Farmington, CT, managing $7.46B in regulatory assets between them. The other 4 advisers headquartered in the city are broker-dealers, other kinds of wealth firm, or fund and institutional managers.

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

What is the largest financial advisor firm in Farmington?

Connecticut Wealth Management, with $4.48B in regulatory assets under management on its latest Form ADV. The next largest are MJP Associates ($1.56B) and Medallion Wealth Advisors ($517M).

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

How large is a typical financial advisor firm in Farmington?

The median firm manages $457M in regulatory assets. That is the midpoint of the 6 firms headquartered in Farmington.

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

How much do financial advisors in Farmington charge?

Of the 6 largest firms, 4 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 0.70% to 1.35% 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 Farmington?

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

Farmington has 6 financial advisor firms; see every adviser in the city →