Emg

Essex Asset Management Group, Inc. serves individual investors—including high-net-worth clients—and a range of account types such as trusts, retirement accounts, pension and profit-sharing plans, and charitable or corporate entities. The firm provides discretionary portfolio management and financial planning, delivering tailored recommendations and written comprehensive plans when clients engage planning services.

Essex uses an individualized asset-allocation approach that balances equities, fixed income, ETFs, mutual funds, REITs and other marketable securities to align portfolios with clients’ goals, time horizons and risk tolerances. Portfolio managers exercise discretionary authority to implement trades and conduct ongoing reviews, while financial-planning engagements proceed through interviews, data gathering and a written plan.

Distinctive features noted in the brochure include that the firm’s investment adviser representatives are also registered representatives of Hazard & Siegel, Inc. and licensed insurance producers, so they may offer commissionable securities and insurance products; the firm discloses that commissions can be used to offset advisory fees and relies on a code of ethics and disclosure policies to address related conflicts of interest. The firm also reports no soft-dollar arrangements, does not operate a wrap program, and manages roughly $57 million for about 80 client accounts through a two-advisor team.