FinCEN AML scope: Connecticut's investment advisers
341 of Connecticut's SEC-registered investment advisers clear FinCEN's three-part AML scope test, from the SEC's own roster dated 2026-08-03. See the exact filter and sources for how that population is defined.
What stands out in Connecticut
Connecticut trails only New York on two measures: 65.4% of its firms advise at least one private fund (the second-highest share of the ten), and 66.6% hold custody of client cash or securities (the second-highest share). Both run well above the national rates of 39.8% and 56.3%. Connecticut's profile reads like a smaller version of New York's, concentrated funds and custody rather than a broad base of retail advisers.
Connecticut's numbers, in full
- Firms in scope
- 341
- Median staff
- 9
- Fewer than 20 people
- 254 (74.5%)
- 5 people or fewer
- 97 (28.4%)
- Custody of client cash or securities
- 227 (66.6%)
- A related person holds custody
- 199 (58.4%)
- Advise at least one private fund
- 223 (65.4%)
- Median AUM
- $699.6 million
Firms in scope
Median staff
Fewer than 20 people
5 people or fewer
Custody of client cash or securities
A related person holds custody
Advise at least one private fund
Median AUM
This page is independent research, not legal advice, computed from the SEC's own public roster of investment advisers. See the method and sources. Verify anything load-bearing against the Federal Register text itself before acting on it.