Taylor, Cottrill, Erickson And Associates, Inc. (Concord)


Taylor, Cottrill, Erickson And Associates, Inc. is a large advisory firm based in Concord. It manages $845.55 million of regulatory assets for 954 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California, Connecticut, Florida, and 10 other states.

Taylor, Cottrill, Erickson And Associates provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Taylor, Cottrill, Erickson And Associates: assets under management

The assets under management (AUM) of Taylor, Cottrill, Erickson And Associates, Inc. is $845.55 million. The firm's AUM has grown by 15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $839.12 million in discretionary accounts and $6.43 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $899.38 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $305.99 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 54% of the total AUM. The second-largest asset type is investment and business development companies, which make up 23% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Taylor, Cottrill, Erickson And Associates, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Taylor, Cottrill, Erickson And Associates serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Taylor, Cottrill, Erickson And Associates is high net worth individuals with 200 clients and $689.64 million of assets under management. Among the 10 most similar advisory firms, Taylor, Cottrill, Erickson And Associates has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $748.69 million for 328 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Taylor, Cottrill, Erickson And Associates doesn't advise any private funds.

Careers at Taylor, Cottrill, Erickson And Associates, Inc.

The company employs 9 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Carl George Erickson Principal 1 Jan 1992 Other 814134
Ttee Of The Carl G. Erickson Rev. Trust Dtd 6/9/98 Carl George Erickson Shareholder 1 Jul 1998 25% - 50% xxx-xx-xxxx
Paulette Wheeler Wolfe Vice president, secretary, chief compliance officer and shareholder 1 Dec 2006 Other 4936677
Martha Elizabeth Cottrill President and treasurer 1 Dec 2015 Other 1399313
Trustee Of The Martha E. Cottrill Rev. Trust Dtd 6/14/02 Martha E. Cottrill Majority shareholder 1 Dec 2015 25% - 50% xxx-xx-xxxx

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Trustee Of The Carl G Erickson Rev Trust Dtd 6/9/98 Carl G Erickson Shareholder 1 Jul 1998 25% - 50% xxx-xx-xxxx
Trustee Of The Martha E Cottrill Rev Trust Dtd 6/14/02 Martha E Cottrill Majority shareholder 1 Dec 2015 25% - 50% xxx-xx-xxxx

Based in Concord

The principal office where Taylor, Cottrill, Erickson And Associates, Inc. performs its advisory services is located at 46 South Main Street, Concord, NH 03301, which is also the mailing address of the firm. An additional office of the firm is in New London, NH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 603-228-5471 or by fax 603-228-5478. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at tceainc.com.

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