New England Retirement Consultants, LLC (Boston)


New England Retirement Consultants, LLC is a large advisory firm based in Boston. It manages $1.05 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Connecticut, Maine, Massachusetts, and New Jersey.

New England Retirement Consultants provides pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

New England Retirement Consultants: assets under management

The assets under management (AUM) of New England Retirement Consultants, LLC is $1.05 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -34% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.05 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $210.68 million each.

Investments

The firm invests in pooled investment vehicles the most. They account for 71% of the total AUM. The second-largest asset type is other assets, which make up 27% of the firm’s portfolio. Investments in investment and business development companies form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay New England Retirement Consultants, 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.

What kind of clients New England Retirement Consultants serves?

The only and largest group of clients of New England Retirement Consultants is pension and profit sharing plans with 5 clients and $1.05 billion of assets under management. Among the 12 most similar advisory firms, New England Retirement Consultants has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $1.05 billion for 5 clients. None of the firm’s clients are foreign persons or businesses.

New England Retirement Consultants doesn't advise any private funds.

Careers at New England Retirement Consultants, LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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
Glenn Arthur Jensen Managing member 1 Aug 2006 75% - 100% 2193905
Christopher Paul Cappello Chief compliance officer 1 Jan 2017 Other 2145940

Based in Boston

The principal office where New England Retirement Consultants, LLC performs its advisory services is located at 470 Atlantic Avenue, Boston, MA 02210, 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) 535- 6946 or by fax (617) 535-6945. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at ne-rc.com.