Baldwin & Clarke Advisory Service LLC (Bedford)

Name: Baldwin & Clarke Advisory Service LLC
Address: 116 A South River Road, Bedford, NH, 03110
Telephone: 603-668-4353

Baldwin & Clarke Advisory Service LLC is a large advisory firm based in Bedford. It manages $215.85 million of regulatory assets for 479 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Florida, Maine, Massachusetts, and New Hampshire.

Baldwin & Clarke Advisory Service provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Baldwin & Clarke Advisory Service: assets under management

The assets under management (AUM) of Baldwin & Clarke Advisory Service LLC is $215.85 million. $957.36 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $71.26 million in discretionary accounts and $144.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $411.88 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $472.54 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Baldwin & Clarke Advisory Service LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Baldwin & Clarke Advisory Service serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Baldwin & Clarke Advisory Service is high net worth individuals with 71 clients and $110.38 million of assets under management. Among the 7 most similar advisory firms, Baldwin & Clarke Advisory Service has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $215.85 million for 229 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Baldwin & Clarke Advisory Service doesn't advise any private funds.

Careers at Baldwin & Clarke Advisory Service LLC

The company employs 9 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.

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

Based in Bedford

The principal office where Baldwin & Clarke Advisory Service LLC performs its advisory services is located at 116 A South River Road, Bedford, NH 03110, 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 603-668-4353 or by fax 603-668-0210. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at baldwinclarke.com.