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Hammond Iles Wealth Advisors

Updated today

Client assets under management

$471,661,120

Clients

971

13% high-net worth

Advisors

4

of 7 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

243

Very High

Average account size

$485,748

About

Hammond Iles Wealth Advisors provides personalized, discretionary investment management and financial planning to individuals (including high‑net‑worth clients), corporations and other entities, managing roughly $475 million in client assets. The firm’s written services include a Diversified Portfolio Management (DPM) program, standalone financial planning and consulting, and educational seminars and speaking engagements.

The brochure describes a long‑term, asset‑allocation driven investment approach grounded in Modern Portfolio Theory, the Five‑Factor Model and the Efficient Market Hypothesis, typically implemented with ETFs and mutual funds and periodic rebalancing. HIWA also incorporates tax‑aware tools and strategies — including 55IP model portfolios and recurring tax‑loss harvesting (“Tax‑Smart Transitioning,” “Ongoing Tax Management,” and “Tax‑Smart Withdrawals”) — and may use Defined Outcome ETFs that employ options strategies to provide defined downside protection and capped upside.

Distinctive disclosures in the brochure note that the firm operates under the legal name Kelly Financial Group, LLC and also functions as an insurance agency, and that advisory representatives are dually registered as registered representatives of Purshe Kaplan Sterling Investments, creating potential commission conflicts. The firm further highlights educational workshops as part of its outreach and, in its marketing disclosures, indicates the use of testimonials, endorsements and third‑party ratings, as well as the occasional use of derivative‑based strategies in managed accounts.

Client services

Financial planning Portfolio management Selection of other advisers Educational seminars or workshops

Expertise

Tax-loss harvesting ESG / Sustainable investing

Fee options

Fixed

Financial planning fees may be charged on a flat fee basis up to $15,000; seminars/speaking engagements fees up to $150 per person.

Percentage

$0 - $1,000,000: 0.99% $1,000,001 - $4,000,000: 0.75% $4,000,001+: 0.50%

Commissions

Advisory Representatives may receive commissions from securities transactions through Purshe Kaplan Sterling Investments (PKS), including trailing commissions (12b-1 fees) from mutual funds.

Project-based

Up to $300 per hour for financial planning services.

Main office location

Hammond Iles Wealth Advisors

100 Great Meadow Road, Suite 701

Wethersfield CT 06109, United States

Number of offices

4

Most active in

Arizona · California · Connecticut · Florida · Maine · Massachusetts · Nebraska · New Hampshire · New York · North Carolina · Ohio · Pennsylvania · South Carolina · Texas · Vermont · Virginia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Robert H

CFP®, Series 63, Series 65

Wethersfield, CT

Hammond Iles Wealth Advisors

Robert Hammond is a CFP® with 26 years of industry experience, currently serving at Hammond Iles Wealth Advisors in Reston, VA. His prior roles include positions at Purshe Kaplan Sterling Investments and Ceros Financial Services, Inc. Outside of his advisory work, Hammond is active in nonprofit organizations, serving on advisory boards and leadership roles such as Board President of Westminster Presbyterian Church and Treasurer of Leadership Greater Hartford. Hammond Iles Wealth Advisors provides personalized, discretionary investment management and financial planning to individuals, corporations, and other entities, managing approximately $475 million in assets. The firm employs a long-term, asset-allocation-driven approach grounded in Modern Portfolio Theory, utilizing tax-aware strategies and diversified portfolios typically implemented with ETFs and mutual funds.

Tax-loss harvesting ESG / Sustainable investing
user avatar

Scott I

Series 63, Series 65

Wethersfield, CT

Hammond Iles Wealth Advisors

Scott Iles is a financial advisor with Hammond Iles Wealth Advisors, holding Series 63 and Series 65 licenses and bringing 26 years of industry experience. His career includes roles at Purshe Kaplan Sterling Investments since 2022 and Ceros Financial Services, Inc. from 2016 to 2022, alongside his ongoing affiliation with Kelly Financial Group, LLC since 2005. Hammond Iles Wealth Advisors provides discretionary investment management and financial planning services to individuals, corporations, and other entities, managing approximately $475 million in client assets. The firm employs a long-term, asset-allocation driven approach based on Modern Portfolio Theory and incorporates tax-aware strategies and defined outcome ETFs to manage risk and returns.

Tax-loss harvesting ESG / Sustainable investing
user avatar

Kevin I

Series 63, Series 65

Wethersfield, CT

Hammond Iles Wealth Advisors

Kevin Iles is a financial advisor with Hammond Iles Wealth Advisors in Guilford, CT, holding Series 63 and Series 65 licenses and eight years of industry experience. His prior roles include positions at The Vanguard Group, Ceros Financial Services, and the Pittsburgh Penguins. Hammond Iles Wealth Advisors offers personalized, discretionary investment management and financial planning services to individuals, corporations, and other entities, managing approximately $475 million in client assets. The firm employs a long-term, asset allocation-driven investment approach grounded in Modern Portfolio Theory and incorporates tax-aware strategies and defined outcome ETFs.

Tax-loss harvesting ESG / Sustainable investing
user avatar

Scott S

Series 63, Series 65

Burlington, VT

Hammond Iles Wealth Advisors

Scott Solod is a financial advisor at Hammond Iles Wealth Advisors in Burlington, VT, with 30 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at firms including Purshe Kaplan Sterling Investments, Folger Nolan Fleming Douglas Inc., Equity Services Inc., and Santander Securities LLC. Outside of his advisory role, he serves as a trustee for a family trust and as the registered agent for a local homeowners association. Hammond Iles Wealth Advisors provides discretionary investment management and financial planning services to individuals, corporations, and other entities, managing approximately $475 million in assets. The firm employs a long-term, asset-allocation driven investment approach based on Modern Portfolio Theory and related models, incorporating tax-aware strategies and periodic rebalancing, often using ETFs and mutual funds.

Tax-loss harvesting ESG / Sustainable investing
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