Haverford Financial Services, Inc. is a large advisory firm based in Radnor. It manages $270.25 million of regulatory assets for 102 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Haverford Financial Services provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and hfs may provide model portfolios to third parties. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Haverford Financial Services, Inc. is $270.25 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 186% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Haverford Financial Services, 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.
The firm provides services to individuals, investment companies, and pooled investment vehicles. The largest group of clients of George W Connell is investment companies with 1 clients and $178.3 million of assets under management. Among the 8 most similar advisory firms, Haverford Financial Services has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $202.63 million for 20 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Haverford Financial Services also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.
The company employs 45 people that are either part- or full-time employees. 51 percent of the employees work as investment advisers or researchers. 19 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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 don’t receive compensation from other entities for client referrals.
George W Connell has been acting as President since 1 Oct 2003. Timothy Andrew Hoyle joined the executive team most recently as the Co Chief Investment Officer.
The principal office where Haverford Financial Services, Inc. performs its advisory services is located at Three Radnor Corporate Center, Radnor, PA 19087 4546, 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 610-995-8700 or by fax 610-995-8797. The normal business hours are 8:30am - 5:30pm on Monday - Friday.