Our History - A Timeline
Founding partners Daniel F. Flynn and Frank M. Loehmann, Jr. serve as administrator and controller for the Martin Family Office, overseeing the management of John G. Martin's personal wealth and business resources.
Heublein Inc. is sold to R.J. Reynolds Industries for $1.3 billion. Heublein was the nation's top producer of vodka and mixed cocktails, and was best known for popularizing vodka in the United States with Smirnoff. The company owned many brands outside of the liquor market as well, most notably A-1 Steak Sauce, Grey Poupon and Kentucky Fried Chicken.
Resources Management Corp (RMC) is registered with the SEC as an Investment Adviser by Mr. Flynn and Mr. Loehmann to manage the proceeds of the Heublein sale for members of the Heublein family, as well as other officers and directors.
Upon Mr. Flynn's passing, Michael W. Herlihy joined the firm as Principal, President and Chief Operating Officer in January as equal partners with Mr. Loehmann.
RMC purchases Capital Management Corp. of the Northeast, retaining its staff and office in Washington Depot, CT and integrating operations.
As part of previously developed succession plan, Mr. Herlihy purchases Mr. Loehmann's interest in RMC in January, and is currently the sole shareholder of the firm.
RMC moves to its own building at 643 Prospect Avenue in West Hartford, on the same street that John G. Martin's great-grandfather, Gilbert Heublein, built a home for his family in 1895.