Apr 20, 2017 · John William Rafal, 67, the former president of a financial services company in Connecticut, was sentenced by U.S. District Court Judge Nathaniel M. Gorton to one year of probation, with four months to be served in home detention and a fine of $4,000.

Jan 10, 2017 · John Rafal, the founder and former CEO of Essex Financial Services in Essex, Conn., agreed to the permanent industry bar and a $575,000 penalty as part of a settlement announced Monday with the...

May 2, 2017 · The U.S. Attorney’s Office for the District of Massachusetts announced in a press release that John William Rafal, 67, the former president and chief executive of Essex Financial has been sentenced to a year of probation for making referral payments to an attorney who referred him a wealthy client.

Jan 9, 2017 · John William Rafal, 66, the former president of a financial services company in Connecticut, was charged today with obstructing the SEC’s investigation. U.S. District Court Judge Nathaniel M. Gorton scheduled a plea hearing for Jan. 20, 2017.

Apr 20, 2017 · John William Rafal, 67, the former president of a financial services company in Connecticut, was sentenced by U.S. District Court Judge Nathaniel M. Gorton to one year of probation, with four months to be served in home detention and a fine of $4,000.

John Rafal is the former President and CEO of Essex Financial Services, Inc. (“Essex”), a dually-registered investment adviser and broker-dealer based in Essex, Connecticut.

Sep 12, 2016 · Last month, the state of Connecticut Department of Banking issued a cease-and-desist order against John Rafal, founder and former chief executive of Essex Financial Services. Essex is a registered investment advisor and broker-dealer owned by Essex Savings Bank.

Rafal was the founder, President and Chief Executive Officer of Essex Financial Services, Inc. (CRD No. 127549) (“EFS”), located at 176 Westbrook Road, Essex, Connecticut 06426, from April 2003 to July 2013.

I am the founder of Essex Financial Services, a Connecticut wealth management firm with more than $3.9 billion in assets under management. I have more than 30 years of experience in...

According to the SEC’s order against John W. Rafal, he secretly paid a lawyer for referring a legal client’s large account to Essex Financial Services, an investment advisory firm Rafal founded.