Wealth manager, independent · Shelton, CT
Cooper Financial Services, Inc.
SEC-registered investment adviser · CRD 104671 · SEC 801-24288
At a glance
Cooper Financial Services, Inc. is an SEC-registered investment adviser based in Shelton, Connecticut, with $184 million in regulatory assets under management as of its Form ADV filed May 26, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 1,335 individual clients. By Form ADV it is a wealth manager, ranked 6,109th of 8,915 wealth managers and 12,663rd of 17,210 SEC-registered advisers by assets.
Main office 203-248-1972cooperfinservices.comAs filed on Form ADV
- Regulatory AUM
- $184M
- Rank among wealth managers
- #6,109 of 8,915
- Rank among all SEC RIAs
- #12,663 of 17,210
- Rank in Connecticut
- #429 of 507
- Individual clients
- 1,335
- High-net-worth clients
- 51
- Accounts
- 1,576
- Discretionary
- 100% of AUM
- Employees
- 3
- Advisory staff
- 2
- Offices
- 1
Owners and executives on its Form ADV
- Michael J. ButlerChief Compliance Officer/ Chief Executive Officer/ Shareholder/chairman
- Steven G. ButlerVice President
Custody and brokerage
Broker-dealer
Hybrid RIA
Cooper Financial Services, Inc. is a hybrid RIA: 3 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: CFS Securities, Inc..
- CFS Securities, Inc. ↗CRD 46201
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, November 2025
Its Form ADV brochure (filed May 2026) names CFS Securities as the broker-dealer its advisers are registered with.
Representatives of CFS are also registered representative s of CFS Securities, Inc., a registered Broker/Dealer and FINRA/SIPC member.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 51 | $112M | 61% |
| Individuals | 1,284 | $72M | 39% |
Disciplinary disclosures
Cooper Financial Services, Inc. reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗cooperfinservices.com ↗
AtlasMembers
The full record on Cooper Financial Services, Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 5,808 peers of its type and size
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- Owners and executives, with titles and stakes
- 2 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Cooper Financial Services, Inc. manage?
Cooper Financial Services, Inc. reports $184 million in regulatory assets under management across 1,576 accounts, 100% of it on a discretionary basis, on its Form ADV filed May 26, 2026.
What kind of firm is Cooper Financial Services, Inc.?
Cooper Financial Services, Inc. is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are Cooper Financial Services, Inc.’s clients?
By assets, its largest client types are high-net-worth individuals ($112 million, 51 clients); individuals ($72 million, 1,284 clients).
Does Cooper Financial Services, Inc. have any disciplinary history?
Cooper Financial Services, Inc. reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Cooper Financial Services, Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-05-26), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →