Cadence Wealth Management LLC is a large advisory firm based in Westborough. It manages $160.8 million of regulatory assets for 2,332 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Connecticut, Florida, and 7 other states.
Cadence Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cadence Wealth Management LLC is $160.8 million. The firm's AUM has grown by 248% since the beginning of its operation, and $600 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Cadence Wealth Management LLC for their services and products based on a percentage of assets under management 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Cadence Wealth Management is individuals with 582 clients and $138.8 million of assets under management. Among the 8 most similar advisory firms, Cadence Wealth Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $160.8 million for 597 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.
Cadence Wealth Management doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 7 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 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.
The principal office where Cadence Wealth Management LLC performs its advisory services is located at 1800 West Park Drive, Westborough, MA 01581, 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 (508) 898-0400 or by fax (508) 898-0408. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at cadencewm.com.