Charter Oak Wealth Partners

What Charter Oak Wealth Partners does

Charter Oak Wealth Partners is a private wealth management and financial planning practice headquartered at 628 Hebron Ave, Suite 110, Glastonbury, Connecticut. The firm was founded in 2016 and operates with a team of approximately five named associates including Gary Paul (Partner, Private Wealth Planner), Gary Salva (Private Wealth Planner), Bill Matzinger (Private Wealth Advisor), Christopher M Scuderi, and Lori Tedone (Client Relationship Manager). It serves individuals and local business owners primarily within Connecticut, offering comprehensive financial planning, retirement planning, estate planning, tax planning, investment management, and insurance solutions including annuities, long-term care, life, and disability income products.

The firm's core product is a structured six-step financial planning service that evaluates the client's complete financial picture — asset allocation, net worth, cash flow, income and estate tax liability, insurance, and legal arrangements — before producing a written plan with specific strategies and an economic impact model. Delivery is relationship-driven through in-person advisor consultations, supported by an educational content layer (newsletters, calculators, flipbooks, videos, glossary, tax library) used as a top-of-funnel marketing channel. Client account access is provided through third-party platforms eMoney, LPL Account View, and My StreetScape; there are no proprietary technology platforms.

Charter Oak Wealth Partners operates as an independent practice affiliated with LPL Financial (Registered Investment Advisor, Member FINRA/SIPC), which provides the custodial and regulatory backbone. Revenue is generated on a fee basis through LPL Financial's advisory framework and through commissions on insurance products sold by qualified representatives. Pricing is not publicly disclosed. The firm holds no patents, has no disclosed funding, and operates from a single Connecticut office with no demonstrated geographic expansion, making it a small-scale, locally-focused advisory practice rather than a growth-stage or venture-backed enterprise.

Name

Charter Oak Wealth Partners

Legal name

Charter Oak Wealth Partners

Website

https://charteroakwealth.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Charter Oak Wealth Partners is a private, Glastonbury, Connecticut-based wealth management firm offering structured financial planning, retirement, estate, and tax planning, plus insurance products, to individuals and local business owners via a five-person team affiliated with LPL Financial.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Broker-Dealer Affiliated Wealth Advisory (FSAEABAB)

akta.pro secondary industries

Estate Planning & Trust Structuring Advisory (FSAEAKAC), Annuity & Insurance-Based Retirement Solutions Advisory (FSAEABAH), Private Wealth Planning (Tax, Estate & Succession) (FSAAABAE)

Keywords

• Wealth management services
• Financial planning advisory
• Retirement income planning
• Estate and tax planning
• Insurance product distribution

Headquarters

HQ city

Windsor

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Financial Planning Services: Fee-based financial planning services provided through licensed advisors. The firm offers comprehensive financial planning including retirement planning, estate planning, tax planning, and investment management.
2. Insurance Products: Sale of insurance products including annuities, life insurance, long-term care insurance, and disability income insurance through qualified representatives.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Charter Oak Wealth Partners provides fee-based comprehensive financial planning services that evaluate a client's whole financial picture (asset allocation, net worth, cash flow, income/estate tax, insurance, legal arrangements) and deliver personalized recommendations through a structured six-step process, followed by ongoing annual reviews. The firm also distributes insurance products—annuities, life insurance, long-term care insurance, and disability income insurance—through representatives, operating as an independent LPL Financial-affiliated practice.

Product overview

Charter Oak Wealth Partners is a wealth management firm offering a unified financial planning service rather than a modular software platform. The core offering is comprehensive financial planning that incorporates all client needs, goals, and objectives. The firm provides supplementary tools including Financial Calculators for retirement, tax, and loan calculations; Flipbooks for educational content on financial topics; Educational Videos covering investment basics; Newsletters and Research Articles for ongoing market insights; Account Access Portals (eMoney, LPL Account View, My StreetScape) for client account management; and Insurance Products (annuities, long-term care, life, and disability insurance). The services are delivered through LPL Financial, a registered investment advisor.

Differentiator

Problem solved

Functional benefit

Products and services

• Comprehensive Financial Planning Fee-based comprehensive financial planning service that evaluates the client's whole financial picture (asset allocation, net worth, cash flow, income and estate tax liability, insurance review, legal arrangements), develops personalized recommendations with pros and cons and an economic model of impact, and provides an ongoing annual review. Targeted at individuals and business owners seeking retirement, estate, tax, and investment planning guidance.
• Annuities Annuity products offered through qualified firm representatives and requested via a website quote form (Request A Quote – Annuity). Targeted at clients seeking lifetime income or retirement income solutions as part of their financial plan.
• Life Insurance Life insurance products offered through qualified firm representatives and requested via a website quote form (Request A Quote – Life Insurance). Targeted at individuals and families seeking death-benefit protection and legacy planning.
• Long-Term Care Insurance Long-term care insurance products offered through qualified firm representatives and requested via a website quote form (Request A Quote – Long-Term Care Insurance). Targeted at individuals and families planning for extended care needs and asset protection.
• Disability Income Insurance Disability income insurance products offered through qualified firm representatives and requested via a website quote form (Request A Quote – Disability Income Insurance). Targeted at working individuals seeking income protection against inability to work due to illness or injury.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• eMoneysupportingTechnology or IntegrationWealth management platform used for client account access and financial planning tools. Clients access planning dashboards through the eMoney portal at wealth.emaplan.com.

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Northwestern Mutual: Mutual insurer and wealth management firm with a captive advisor network focused on life insurance, disability income, retirement, and estate planning. Highly comparable insurance-plus-wealth product mix to Charter Oak's offering.
• Waddell & Reed Financial (Macquarie Asset Management): Adviser channel that historically operated a national network of financial advisors offering comprehensive financial planning, retirement, and investment solutions. Comparable advisor-led planning model now under Macquarie ownership.
• Edward Jones: National broker-dealer with thousands of branch-based financial advisors serving individual investors with retirement, estate, and investment planning services. Comparable in advisor-led, relationship-based delivery model, though not LPL-affiliated.
• Principal Financial Group: Financial services firm offering retirement planning, investment management, and insurance products through affiliated advisors and employer plans. Comparable in combining retirement, investment, and insurance offerings within a planning framework.
• MassMutual Financial Group: Mutual insurer with affiliated financial advisors offering life insurance, retirement, investment, and estate planning. Comparable in combining insurance-led product with comprehensive wealth advisory, but at far larger scale.
• Raymond James Financial: Diversified financial services firm with an independent advisor channel offering wealth management, retirement planning, and insurance through affiliated professionals. Comparable product breadth and advisor-affiliation structure to LPL-style independents.
• Commonwealth Financial Network: Independent broker-dealer supporting affiliated financial advisors with wealth management, retirement, and planning services. Closely comparable to LPL-affiliated independents in operating model and product breadth.
• Cambridge Investment Research: Independent broker-dealer supporting a large national network of financial advisors with comprehensive wealth and retirement planning services. Comparable independent-practitioner model and product breadth.
• Ameriprise Financial: Large diversified financial services firm with a national network of independent advisors offering comprehensive financial planning, investment management, retirement, and insurance products. Highly comparable to Charter Oak's product mix but operates at vastly greater scale across the U.S.
• Cetera Financial Group: Independent broker-dealer supporting thousands of financial professionals with wealth management, retirement, and insurance solutions. Direct peer as an LPL-competitor independent BD with very similar advisor-affiliation economics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/charter-oak-wealth-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Charter Oak Wealth Partners