BRADLEY FOSTER & SARGENT INC/CT

Bradley Foster & Sargent Inc. is an investment management firm based out of Hartford, Connecticut. The company was originally established in 1994 by Robert Holmes Bradley, Thomas Denny Sargent, and Timothy H. Foster, all three of whom are still with the company today acting as its Chairman, CIO, and Executive Vice President, respectively. Bradley Foster & Sargent conducts its research internally and externally, utilizing a fundamental and quantitative methodology to make its investment decisions. The company invests in the public equity and fixed income markets on a global scale, allocating its assets with diversification being one of the key tenets of the firm’s investment philosophy. Bradley Foster & Sargent invests most heavily in the consumer staples and information technology sectors, each of which makes up over a sixth of the firm’s total asset allocations, and also invests in the health care, finance, consumer discretionary, industrials, and energy sectors, among other sectors to a lesser degree, in order of decreasing allocation. Bradley Foster & Sargent holds its allocations for over 23 quarters on average although the firm holds its top 10 allocations for 15.1 quarters on average. In the most recent quarter, the firm has had a turnover rate of approximately 10.6%. Bradley Foster & Sargent manages over $2.8 billion in total assets under management spread across 2,800 total accounts, all of which are discretionary accounts except for 7 which make up $31 million of the firm’s managed assets. Both of the firm’s total assets under management and total number of accounts have been increasing in recent years with its total managed assets growing significantly from $1 billion back in 2010 to approaching three times that amount today. Bradley Foster & Sargent mainly caters to individuals, which alone makes up over two thirds of its client base and makes up almost half of its total attributed assets.