New England Securities Corporation (New York)

New England Securities Corporation is a large advisory firm based in New York. It manages $5.33 billion of regulatory assets for 35,099 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arkansas, and 44 other states.

New England Securities Corporation provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for approximately 1,500 clients. On top of advisory services, the firm doesn't engage in other business activities.

New England Securities Corporation: assets under management

The assets under management (AUM) of New England Securities Corporation is $5.33 billion. The firm's AUM has grown by 735% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $846.69 million in discretionary accounts and $4.48 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $200.78 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $145.06 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay New England Securities Corporation for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 New England Securities Corporation

Thom Arthur Faria has been acting as President since 1 Jun 1999. Tina Marie Honkus joined the executive team most recently as the Vice President, Licensing And Registration.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Laura Aline Hutner	Vice president	1 Nov 1990	Other	1058819
Jonathan Marc Rozek	Vice president	1 Nov 1992	Other	724079
Michael Edward Toland	Vice president, cfo, cco, and treasurer	1 Oct 1996	Other	1396672
Inc. New England Life Holdings	Shareholder	1 Mar 1997	75% - 100%	04-3353087
Mary M Diggins	Vice president, clo, and clerk	1 Mar 1999	Other	3223059
Thom Arthur Faria	Director	1 Jun 1999	Other	2474025
Thomas Warren Mcconnell	President, ceo, and chairman	1 Jun 1999	Other	325857
Anne Marie Goggin	Director	1 Jul 2000	Other	2415916
Johannes Augustus Etwaroo	Vice president operations	1 Sep 2000	Other	2211466
John Lawrence Peruzzi	Vice president and chief financial officer	1 Oct 2001	Other	2997289
James Patrick Reynolds	Cfo	1 Dec 2001	Other	2573174
Joanne Elizabeth Logue	Vice president, chief compliance officer	1 Jul 2002	Other	1458537
Paul David Hipworth	Cfo	1 Aug 2002	Other	2798832
Virgelan Ernesto Aquino	Vp operations	1 Aug 2002	Other	2976229
Jay Lawrence Lewis	Chairman	1 Aug 2002	Other	701463
Richard Joseph Miller	President and ceo	1 Nov 2002	Other	1070106
Bette Skandalis	Vice president, financial planning servies	1 Apr 2003	Other	1565251
Michael Kevin Farrell	President and chief compliance officer	1 Aug 2003	Other	854508
Eileen Claire Mcdonnell	Director	1 Aug 2003	Other	2483663
Craig William Markham	President	1 Sep 2003	Other	1383638
Richard Donald Jr Cook	Regional vice president, western region	1 Oct 2003	Other	1176271
Gerald Hart	Regional vice president, central region	1 Oct 2003	Other	4000160
Stephen Francis Mckinnon	Assistant regional vice president, eastern region	1 Oct 2003	Other	2238383
Roy Thomas Albertalli	Director	1 Dec 2003	Other	4677543
New England Life Insurance Company ("Nelico" Or "New England Financial")	100% shareholder	1 Jan 2004	75% - 100%	04-2708937
Edward Noel Gioiella	Compliance officer	1 Jul 2004	Other	2899330
Edward Noel Gioiella	Chief compliance officer	1 Aug 2004	Other	2899330
Paul Etienne Regard	Director of advisory products	1 Oct 2004	Other	xxx-xx-xxxx
Michael Kevin Farrell	Director	1 Oct 2004	Other	854508
William John Toppeta	Director	1 Oct 2004	Other	2835140
Leonard Mark Bakal	Chief compliance officer	1 Oct 2004	Other	2537778
Nancy Louise Ricciardi	Options principal	1 Dec 2004	Other	1901005
Nancy Louise Ricciardi	Senior registered options principal	1 Feb 2005	Other	1901005
Anthony James Williamson	Treasurer	1 Feb 2005	Other	xxx-xx-xxxx
Gwenn Carr	Secretary	1 Feb 2005	Other	xxx-xx-xxxx
Daniel Joseph Flynn	Director, financial planning services	1 Apr 2005	Other	2371041
Paul G. Cellupica	Chief legal officer	1 Jul 2005	Other	xxx-xx-xxxx
Andre Theodore Carrier	Senior registered options principal and compliance registered options principal	1 Oct 2005	Other	2257728
Robert Begun	Co-chief operations officer	1 Dec 2005	Other	4436053
Jeffrey Paul Halperin	Anti-money laundering officer	1 Aug 2006	Other	2899327
James Dwyer	Vice president, licensing and registration	1 Aug 2006	Other	xxx-xx-xxxx
David Michael Holtzer	Chief compliance officer, broker dealer	1 Sep 2006	Other	4345697
Marc Allan Cohn	Chief compliance officer, investment adviser	1 Sep 2006	Other	2464524
John Gregory Martinez	Chief financial officer	1 Jan 2007	Other	2210722
Eric T. Steigerwalt	Treasurer	1 May 2007	Other	xxx-xx-xxxx
John Joseph Brett	Chairman of the board	1 Mar 2008	Other	726194
Michael J Lacek	Chief legal officer	1 Mar 2008	Other	xxx-xx-xxxx
Donald Roy Kaplan	Chief compliance officer, broker dealer	1 Dec 2008	Other	1727509
Craig William Markham	Chief operating officer	1 May 2009	Other	1383638
John Joseph Brett	President and chairman	1 May 2009	Other	726194
Margaret Claire Fechtmann	Director	1 May 2009	Other	1066520
Michael Joseph Vietri	Executive vice president, individual distribution and director	1 May 2009	Other	1068983
Brian Keith Breneman	Senior vice president, individual distribution	1 May 2009	Other	1775087
Steven Jeffrey Goulart	Treasurer	1 Aug 2009	Other	xxx-xx-xxxx
Jeffrey A Welikson	Secretary	1 Aug 2009	Other	4731011
Isaac Torres	Secretary	1 May 2010	Other	xxx-xx-xxxx
Paul Anthony Lapiana	Senior vice-president individual distribution	1 Jan 2012	Other	2237245
Elizabeth Mary Forget	Director	1 Jun 2012	Other	2767945
Paul Anthony Lapiana	Director	1 Jun 2012	Other	2237245
Andre Theodore Carrier	Chief operations officer	1 Apr 2013	Other	2257728
Rashid Ismail	President and chairman	1 Apr 2013	Other	5860331
Elizabeth Mary Forget	President and chairman	1 Jun 2013	Other	2767945
Jeffrey Paul Halperin	Chief compliance officer, broker-dealer	1 Aug 2013	Other	2899327
Tyla Lynn Reynolds	Secretary	1 Mar 2014	Other	6318828
Robert Joseph Costello	Chief operations officer	1 Jun 2014	Other	1349716
Sean Andrew Murphy	Vice-president	1 Jul 2014	Other	1963911
David Myers Mink	Chief operations officer	1 Sep 2014	Other	2606831
Tina Marie Honkus	Vice-president, licensing and registration	1 Dec 2014	Other	1288648
Orlando Rafael Jr Cruz	President and chairman	1 Dec 2014	Other	2311194

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Metropolitan Life Insurance Company ("Metlife")	Sole stock holder	1 Aug 1996	75% - 100%	13-5581829
Inc. ("Mnehi") Metlife New England Holdings	Sole stock holder	1 Aug 1996	75% - 100%	13-3904696
New England Life Insurance Company ("Nelico" Or "New England Financial")	Sole stock holder	1 Aug 1996	75% - 100%	00-0000000
Inc. Metlife	100% shareholder	1 Apr 2000	75% - 100%	13-4075851
Metropolitan Life Insurance Company ("Metlife")	Sole stock holder	1 Apr 2003	75% - 100%	13-5581829

Based in New York

The principal office where New England Securities Corporation performs its advisory services is located at 1095 Avenue Of The Americas, New York, NY 10036 The mailing address of the firm is C/O Metlife Securities, Inc., New York, NY 10036. An additional office of the firm is in Newtown Square, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212.578.0594 or by fax 908-552-2851. The normal business hours are 8am to 5pm on Monday - Friday.