The Banks Group | New Haven, CT | Financial Advisors

The Banks Group

The Banks Group is committed to treating each of our clients as unique individuals with life goals, objectives and financial styles all their own. What sets our practice apart from the rest is our dedication to knowing and understanding our clients well beyond their investment needs. It’s about aligning your finances with your life goals.

Our boutique-style practice allows us to be selective in choosing clients who value our comprehensive approach to wealth management. At The Banks Group, financial planning is the cornerstone of our practice; it’s where we begin to understand your specific needs and goals which then enables us to personalize your investment strategies to meet those goals.

Our clients and their families entrust to our care assets of over $400,000,000 dollars and utilize the group’s knowledge on a wide array of financial and investment matters, including retirement income planning, education funding, estate planning, gifting strategies, and insured solutions. Having extensive experience in and knowledge of the bond markets, our team also assists various non-profit organizations invest more than $ 250,000,000 in U.S. Treasury, Agency, and Municipal Bonds.

With more than 30 years of experience, David Banks has built his practice around the belief that knowing his clients and their families allows him to better serve their distinctly personal financial needs no matter what their stage of life. David’s depth of knowledge and experience combined with our firm’s capabilities and resources, empowers The Banks Group to provide the highest quality of advice, financial services and solutions to every client who entrusts their financial future to us.

Our Team

At The Banks Group, we strive to manage our practice as an investment management and financial planning "boutique". Our Team personally develops and provides clients with personalized investment management, financial guidance and retirement planning advice. Janney Montgomery Scott’s history of strength and stability complement our client–centric approach with state of the art capabilities. Building strong relationships is essential to our goal of offering each client the best and most appropriate investment advice. David personally designs the financial and retirement plans, which are the cornerstone for portfolio construction, investment management, and periodic portfolio reviews. Working together with our clients to understand objectives, risk tolerance and goals lead to a process that drives the investment strategy, asset allocation, and plan design.Our clients and their families entrust to our care assets of over $400,000,000 dollars and utilize the group’s knowledge on a wide array of financial and investment matters, including retirement income planning, education funding, estate planning, gifting strategies, and insured solutions. Having extensive experience in and knowledge of the bond markets, our team also assists various non-profit organizations invest an additional $ 250,000,000 in U.S. Treasury, Agency, and Municipal Bonds. Professional advisors and existing clients are the group’s primary source of referrals, which include individuals, families, foundations, endowments, corporations, medical societies and 501(c) (3) organizations. The Banks Group welcomes the opportunity to foster a team approach and often consults with our clients' legal and tax advisors when appropriate. Providing superior service and helping clients achieve long-term success is paramount to our mission.

What We Do

No matter where you are in life – we’re here for you through every step of your financial journey.

Beyond Investing. Connecting.

When you work with us it’s about going beyond investing. It’s about connecting your life and your finances in a way that makes sense for you, partnering through each stage of life.

Business Retirement Plans

We are committed to working with your organization to deliver innovative, results-oriented strategies. Our step-by-step process has been developed to help you reach your goal of offering a well-designed plan, with high-level service, that helps your valued employees achieve financial security.

College Saving and Funding Plans

As the price of education continues to rise, affording the cost of college requires a customized plan to meet your funding needs, while balancing other expenses and goals.

Community Involvement

We’re proud to support the communities we live and work in. We strive to connect with our communities in a meaningful way, bringing about positive change and helping to provide services and resources to help them thrive.

Events

Check out information on upcoming and past events we’re pleased to offer you, virtually and/or in person, on a variety of topics.