Winthrop Advisory Group, LLC is a large advisory firm based in Boston. It manages $1.06 billion of regulatory assets for 1,422 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, California, Connecticut, and 11 other states.
Winthrop Advisory Group 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 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Winthrop Advisory Group, LLC is $1.06 billion. The firm's AUM has grown by 4% since the beginning of its operation, and $2.43 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Winthrop Advisory Group, 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, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Winthrop Advisory Group is high net worth individuals with 230 clients and $811.28 million of assets under management. Among the 7 most similar advisory firms, Winthrop Advisory Group has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.06 billion for 647 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.
Winthrop Advisory Group doesn't advise any private funds.
The company employs 19 people that are either part- or full-time employees. 68 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Ppc Richard Charles St. Onge joined the executive team most recently as the Chief Compliance Officer.
The principal office where Winthrop Advisory Group, LLC performs its advisory services is located at 109 State Street, Boston, MA 02109, which is also the mailing address of the firm. An additional office of the firm is in Stratham, NH. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 617-530-1010 or by fax 857-265-2382. The normal business hours are 8:30am - 6:00pm on Monday - Friday. You can find more information about the New York firm at winthropwealth.com.