Cabot Wellington LLC (Boston)

Name: Cabot Wellington LLC
Address: 70 Federal Street, Boston, MA, 02110
Telephone: 617-451-1744

Cabot Wellington LLC is a large advisory firm based in Boston. It manages $864.42 million of regulatory assets for 197 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Massachusetts and New York.

Cabot Wellington provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, selection of other advisers, and fiduciary services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cabot Wellington: assets under management

The assets under management (AUM) of Cabot Wellington LLC is $864.42 million. The firm's AUM has grown by 163% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $860.59 million in discretionary accounts and $3.83 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.65 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $319.39 thousand.

Cabot Wellington has custody of $864.42 million in cash and securities for 79 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cabot Wellington LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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.

Careers at Cabot Wellington LLC

Sophie Cabot Black has been acting as President since 1 Nov 2010. Richard Angus West has served as the Chief Investment Officer since 1 Jan 2002. John Maxwell Reynolds joined the executive team most recently as the Interim Executive Director And Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Linda Cabot Black	Member	1 Aug 1996	Other	4380317
Louis Wellington Cabot	Member	1 Aug 1996	Other	4380323
Robert Moors Cabot	Member	1 Aug 1996	Other	4380325
Thomas Dudley Cabot	Member	1 Aug 1996	Other	4380326
Edmund Billings Cabot	Member	1 Aug 1996	Other	4380334
Louis Wellington Cabot	Director	1 Oct 1996	Other	4380323
Thomas Dudley Cabot	Director	1 Oct 1996	Other	4380326
Linda Cabot Black	Director	1 Oct 1996	Other	4380317
Edmund Billings Cabot	Director	1 Oct 1996	Other	4380334
George Kurtz Bird	Executive director	1 Jul 2000	Other	4380328
Norton Sloan	Acting manager	1 Jul 2001	Other	2813115
Richard Angus West	Chief investment officer	1 Jan 2002	Other	1789569
Richard Angus West	Executive director and chief compliance officer	1 Jul 2006	Other	1789569
Cabot Wellington Trust	Member	1 Nov 2006	75% - 100%	04-7024180
James Wellington Cabot	Management committee member	1 Dec 2007	Other	5489705
James Wellington Cabot	Director / member of management committee	1 Jun 2008	Other	5489705
Thomas Dudley Cabot	Management committee member	1 Jun 2008	Other	4380326
Sophie Cabot Black	Director	1 Nov 2010	Other	5489716
Amanda Chilton Cabot	Director	1 Nov 2010	Other	5489724
Laura Cabot Carrigan	Director / member of management committee	1 Nov 2010	Other	5489708
Virginia Wellington Cabot	Director	1 Nov 2010	75% - 100%	5489720
John Maxwell Reynolds	Interim executive director and cco	1 Feb 2015	Other	2424551

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Laura Cabot Carrigan	Trustee	1 Nov 2006	Other	5489708
Sophie Cabot Black	Trustee	1 Nov 2006	Other	5489716
Virginia Wellington Cabot	Trustee	1 Nov 2006	Other	5489720
Amanda Chilton Cabot	Trustee	1 Nov 2006	Other	5489724

Based in Boston

The principal office where Cabot Wellington LLC performs its advisory services is located at 70 Federal Street, Boston, MA 02110, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-451-1744 or by fax 617-451-1733. The normal business hours are 9 a.m.-5p.m. on Monday - Friday. You can find more information about the New York firm at cabwel.com.