OPUS INVESTMENT MANAGEMENT, INC.
Adviser information for OPUS INVESTMENT MANAGEMENT, INC. last updated from Form ADV on March 22nd, 2024. 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 | Massachusetts, United States |
Employees
| Total Number of Employees | 25 |
|---|---|
| Investment Advisory/Research | 15 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 1 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 48 | $11.4B |
| Non-Discretionary | 0 | $0 |
| Total | 48 | $11.4B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | <5 | $515.8M |
| Other investment advisers | 0 | $0 |
| Insurance companies | 40 | $10.5B |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 6 | $358.1M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 1 |
Services
| Advisory Services | Portfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMFOR SOME AFFILIATED CLIENTS, SERVICES ARE PROVIDED AT COST |
Principal Office
440 LINCOLN STWORCESTER
MA
United States
Monday - Friday, 8:00 AM - 5:00 PM
Tel: 508-855-6689, Fax: None
Chief Compliance Officer
JOSEPH J SCAVETTI JR
3 CANAL PLAZA
3RD FLOOR
PORTLAND
ME
United States
Tel:
484-588-2116
J**************@************M
(Full email address available in API data)
Regulatory Contact
LYNNE MCENTEGART
VICE PRESIDENT/SECRETARY
440 LINCOLN STREET N460
WORCESTER
MA
United States
Tel:
508-855-6689
L**********@*****************M
(Full email address available in API data)
Industry Affiliates
| AIX SPECIALTY INSURANCE COMPANY | Insurance company or agency |
| AIX, INC. | Insurance company or agency |
| ALLMERICA FINANCIAL ALLIANCE INSURANCE COMPANY | Insurance company or agency |
| ALLMERICA FINANCIAL BENEFIT INSURANCE COMPANY | Insurance company or agency |
| ALLMERICA PLUS INSURANCE AGENCY, INC. | Insurance company or agency |
| CAMPMED CASUALTY & INDEMNITY COMPANY, INC. | Insurance company or agency |
| CITIZENS INSURANCE COMPANY OF AMERICA | Insurance company or agency |
| CITIZENS INSURANCE COMPANY OF ILLINOIS | Insurance company or agency |
| CITIZENS INSURANCE COMPANY OF OHIO | Insurance company or agency |
| CITIZENS INSURANCE COMPANY OF THE MIDWEST | Insurance company or agency |
| EDUCATORS INSURANCE AGENCY, INC. | Insurance company or agency |
| HANOVER SPECIALTY INSURANCE BROKERS, INC. | Insurance company or agency |
| MASSACHUSETTS BAY INSURANCE COMPANY | Insurance company or agency |
| NOVA CASUALTY COMPANY | Insurance company or agency |
| THE HANOVER AMERICAN INSURANCE COMPANY | Insurance company or agency |
| THE HANOVER ATLANTIC INSURANCE COMPANY LTD. | Insurance company or agency |
| THE HANOVER CASUALTY COMPANY | Insurance company or agency |
| THE HANOVER INSURANCE COMPANY | Insurance company or agency |
| THE HANOVER NATIONAL INSURANCE COMPANY | Insurance company or agency |
| VERLAN FIRE INSURANCE COMPANY | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| SCAVETTI, JOSEPH, JULIAN | Individual | – | CHIEF COMPLIANCE OFFICER | 07/2018 | < 5% |
| THE HANOVER INSURANCE GROUP, INC. | Domestic Entity | – | OWNER | 10/1995 | > 75% |
| FARBER, JEFFREY, MARK | Individual | – | DIRECTOR & EXECUTIVE CHAIRMAN | 01/2017 | < 5% |
| MCENTEGART, LYNNE, ANN | Individual | – | SECRETARY/VICE PRESIDENT | 09/2017 | < 5% |
| PIEL, WILLIAM, JOSEPH | Individual | – | DIRECTOR AND VICE PRESIDENT | 12/2023 | < 5% |
| GREENFIELD, LINDSAY, FRANCE | Individual | – | DIRECTOR, PRESIDENT, & TREASURER | 01/2022 | < 5% |
| LANNIGAN, MICHAEL, FRANCIS | Individual | – | HEAD OF RESEARCH | 01/2022 | < 5% |
No. Employees, Historic
RAUM, Historic
No. Clients, Historic
Holdings
From latest 13F, filed August 13th, 2024 for period ending June 30th, 2024
| Name | Class | Value $USD | # Shares | Private Fund |
|---|---|---|---|---|
| ABBVIE INC | COM | 7M | 42K | – |
| ALLIANT ENERGY CORP | COM | 2M | 33K | – |
| AMGEN INC | COM | 3M | 10K | – |
| APPLE INC | COM | 7M | 32K | – |
| BLACKROCK INC | COM | 1M | 2K | – |
| CHEVRON CORP NEW | COM | 782K | 5K | – |
| CISCO SYS INC | COM | 950K | 20K | – |
| CMS ENERGY CORP | COM | 1M | 20K | – |
| EXELON CORP | COM | 2M | 56K | – |
| HOME DEPOT INC | COM | 1M | 4K | – |
| ISHARES TR | CORE S&P500 ETF | 629K | 1K | – |
| ISHARES TR | MSCI USA MIN VOL | 5M | 61K | – |
| ISHARES TR | CORE S&P TTL STK | 4M | 37K | – |
| ISHARES TR | IBOXX HI YD ETF | 287K | 4K | – |
| JOHNSON & JOHNSON | COM | 4M | 27K | – |
| LOCKHEED MARTIN CORP | COM | 934K | 2K | – |
| MCDONALDS CORP | COM | 4M | 15K | – |
| MICROSOFT CORP | COM | 2M | 5K | – |
| NEXTERA ENERGY INC | COM | 6M | 88K | – |
| PAYCHEX INC | COM | 4M | 35K | – |
| PEPSICO INC | COM | 5M | 31K | – |
| PHILLIPS 66 | COM | 5M | 34K | – |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 2M | 29K | – |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 2M | 35K | – |
| VANGUARD INDEX FDS | TOTAL STK MKT | 36M | 133K | – |
| VANGUARD INDEX FDS | S&P 500 ETF SHS | 625K | 1K | – |
| WALMART INC | COM | 7M | 96K | – |
| WASTE MGMT INC DEL | COM | 4M | 20K | – |
| WEC ENERGY GROUP INC | COM | 4M | 50K | – |
| XCEL ENERGY INC | COM | 5M | 92K | – |
| SPDR SER TR | PORTFOLIO S&P500 | 460K | 7K | – |
| MERCK & CO INC | COM | 4M | 35K | – |
| AIR PRODS & CHEMS INC | COM | 2M | 9K | – |
| MICROCHIP TECHNOLOGY INC. | COM | 6M | 63K | – |
| PROCTER AND GAMBLE CO | COM | 1M | 9K | – |
| PUBLIC SVC ENTERPRISE GRP IN | COM | 6M | 81K | – |
| UNITED PARCEL SERVICE INC | CL B | 4M | 27K | – |
| EXXON MOBIL CORP | COM | 3M | 24K | – |