Conning Investment Products, Inc. (Hartford)


Conning Investment Products, Inc. is a large advisory firm based in Hartford. It manages $346.41 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Connecticut.

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Conning Investment Products provides portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Conning Investment Products: assets under management

The assets under management (AUM) of Conning Investment Products, Inc. is $346.41 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -51% since the beginning of its operation, and $346.41 million of the total AUM is attributable to clients outside of the United States.


The firm manages $346.41 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $49.49 million each.

Investments

The firm invests in government bonds the most. They account for 68% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 28% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Conning Investment Products, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Conning Investment Products, Inc.

The company employs 8 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Conning & Company Direct owner 1 Jan 2004 75% - 100% 06-1174588
Robert Stedman Pearce Managing director, chief compliance officer 1 Nov 2005 Other 1991468
Kenneth Ronald George Finop 1 Jan 2006 Other 2643369
Glenn Heiser Managing director, cao 1 Aug 2009 Other 4648423
Linwood Earle Jr Bradford Managing director, president & ceo 1 Sep 2010 Other 4179446
Jung Won Lee Managing director, cfo 1 Jan 2011 Other 2791334
Vi (Viola) R. Smalley Chief legal counsel/corporate secretary 1 Jan 2011 Other 5899872
John Aloysius Jr Corroon Managing director, head of sales 1 Mar 2014 Other 2131256
Michael Edward Haylon Managing director, head of sales 1 Apr 2016 Other 1884528

Indirect Owners

The SEC currently registers 9 indirect owners.

Name Entity Date acquired Ownership Employer ID
Conning Holdings Corp. Member 1 Oct 2009 75% - 100% 27-0945244
Aquiline Financial Services Fund L.P. Shareholder 1 Oct 2009 50% - 75% 20-3831810
Aquiline Financial Services Fund (Offshore) L.P. Shareholder 1 Oct 2009 25% - 50% foreign
Conning Holdings Corp Shareholder 1 Oct 2009 75% - 100% 27-0945244
Cathay Financial Holding Co. Ltd 9.9% 1 Sep 2011 Other foreign
Ltd. Cathay Life Insurance Co. Shareholder 1 Sep 2015 75% - 100% 03-3747070
Ltd. Cathay Financial Holding Co. Shareholder 1 Sep 2015 75% - 100% 70-8274060
Conning Holdings Limited Shareholder 1 Sep 2015 75% - 100% 98-1259764
Inc. Conning U.S. Holdings Shareholder 1 Sep 2015 75% - 100% 47-4844493

Based in Hartford

The principal office where Conning Investment Products, Inc. performs its advisory services is located at One Financial Plaza, Hartford, CT 06103, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 860-299-2000 or by fax 860-299-2480. The normal business hours are 8:00am - 4:45pm on Monday - Friday. You can find more information about the New York firm at conning.com.