ESI FINANCIAL ADVISORS
EQUITY SERVICES, INC. Legal Name
Adviser information for ESI FINANCIAL ADVISORS last updated from Form ADV on October 17th, 2023. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Vermont, United States |
Employees
| Total Number of Employees | 440 |
|---|---|
| Investment Advisory/Research | 420 |
| Registered Broker-Dealer Representatives | 440 |
| Registered State Investment Advisers | 440 |
| Licensed Agents of an Insurance Company | 420 |
| No. of Firms/People that Solicit Clients | 10 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 2,354 | $527.1M |
| Non-Discretionary | 8,963 | $1.3B |
| Total | 11,317 | $1.9B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 8,410 | $1.0B |
| HNW Individuals | 2,575 | $775.3M |
| Banking or thrift institutions | <5 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 276 | $57.3M |
| Charitable organizations | 5 | $2.1M |
| State or municipal gov entities | <5 | $0 |
| Other investment advisers | <5 | $0 |
| Insurance companies | <5 | $0 |
| Sovereign wealth funds and foreign official institutions | <5 | $0 |
| Corporations or other businesses | 51 | $18.3M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 480 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 251-500 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPension consulting servicesSelection of other advisers (including private fund managers)Educational seminars/workshops |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesCommissions |
| Other Business Activities | Broker-dealerInsurance broker or agent |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 256.6M |
| Portfolio Manager | 0 |
| Both for Same | 343.0M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| ESI ILLUMINATIONS | ESI FINANCIAL ADVISORS |
Identifiers
| SEC RIA File Number | 801-41722 |
|---|---|
| SEC ERA File Number | 801-41722 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 265 |
| Legal Entity Identifier | None |
Principal Office
ONE NATIONAL LIFE DRIVEMONTPELIER
VT
United States
Monday - Friday, 8:00AM - 5:00PM
Tel: 800-344-7437, Fax: 802-229-7244
Chief Compliance Officer
ROBERT FRANKLIN
CHIEF COMPLIANCE OFFICER
ONE NATIONAL LIFE DRIVE
MONTPELIER
VT
United States
Tel:
802-229-3348
Fax:
802-229-7244
R********@***************M
(Full email address available in API data)
Regulatory Contact
THOMAS LONGFELLOW
VP, DCCO
ONE NATIONAL LIFE DRIVE
MONTPELIER
VT
United States
Tel:
802-229-7424
Fax:
802-229-7244
T**********@***************M
(Full email address available in API data)
Industry Affiliates
| CATAMOUNT REINSURANCE COMPANY | Insurance company or agency |
| LIFE INSURANCE COMPANY OF THE SOUTHWEST | Insurance company or agency |
| LONGHORN REINSURANCE COMPANY | Insurance company or agency |
| NATIONAL LIFE DISTRIBUTION, LLC | Insurance company or agency |
| NATIONAL LIFE INSURANCE COMPANY | Insurance company or agency |
| NLG CAPITAL, INC. | Other investment adviser, including financial planners |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| TEESE, GREGORY DWIGHT | Individual | – | SVP, OPERATIONS, COO | 04/2019 | < 5% |
| NATIONAL LIFE HOLDING COMPANY | Domestic Entity | NLV FINANCIAL CORPORATION | SHAREHOLDER | 01/1999 | > 75% |
| NLV FINANCIAL CORPORATION | Domestic Entity | – | SHAREHOLDER | 12/2005 | > 75% |
| MCKENNY, IAN ANDREW | Individual | – | VP, CHIEF COUNSEL & SECRETARY | 05/2007 | < 5% |
| ASSADI, MEHRAN | Individual | – | DIRECTOR & CHAIRMAN OF THE BOARD | 02/2008 | < 5% |
| COTTON, ROBERT EARL | Individual | – | DIRECTOR | 06/2010 | < 5% |
| AZARSHAHI, ATAOLLAH | Individual | – | PRESIDENT & CEO | 08/2020 | < 5% |
| FRAZEE, MATTHEW | Individual | – | DIRECTOR | 11/2020 | < 5% |
| PALMER, REBECCA | Individual | – | CHIEF INFORMATION SECURITY OFFICER | 03/2021 | < 5% |
| KUCINSKAS, ERIC KEITH | Individual | – | VP, FINOP & TREASURER | 03/2022 | < 5% |
| DUNNE, REBECCA NASSAR | Individual | – | DIRECTOR | 07/2022 | < 5% |
| KEENAN, JOHN FRANCIS | Individual | – | SVP, BUSINESS DEVELOPMENT | 05/2022 | < 5% |
| FRANKLIN, ROBERT | Individual | – | SVP, COMPLIANCE & CCO | 09/2023 | < 5% |