# Aetna Asset Advisors

Aetna Asset Advisors is a Bank / Wealth / Trust based in Hartford, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Hartford, United States
- **Region:** North America
- **Address:** Hartford, CT, United States
- **Assets under management:** Undisclosed
- **Website:** aetna.com
- **LinkedIn:** https://www.linkedin.com/company/aetna

## Regulatory record

- **CRD number:** 161282
- **SEC file number:** 801-73710
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-20T05:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/161282

## About

Aetna Asset Advisors is an SEC-registered investment adviser in Hartford, CT, registered since 2012. The firm manages $850 million in assets, with $843 million on a discretionary basis. It has 26 employees and 23 registered investment advisers.

## Sectors

- Healthcare Services
- Insurance

## Questions

### Does Aetna Asset Advisors manage money for third-party clients?

Based on public record, Aetna Asset Advisors invests primarily for Aetna's own general account, affiliated insurance portfolios, and parent-company balance-sheet needs. It does not openly market pooled funds or separately managed accounts to external institutional allocators. This captive structure differentiates it from asset managers that compete for pension-fund, endowment, or sovereign-wealth mandates.

### How did CVS Health's acquisition of Aetna in 2018 change the investment function?

The 2018 acquisition, valued at roughly $69 billion, folded Aetna's investment operations into CVS Health's broader treasury and capital-allocation structure. Aetna Asset Advisors' portfolio-management decisions now coordinate with CVS Health's enterprise-wide liquidity, capital-ratio targets, and its retail-pharmacy and pharmacy-benefit-manager cash flows. Investment team leadership and staff size post-integration have not been publicly disclosed.

## Related profiles

- [Aeon Investments](https://altss.com/profile/aeon-investments)
- [Affiance Financial](https://altss.com/profile/affiance-financial)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/aetna-asset-advisors

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology