Palmerdodge Advisors LLC (Boston)

Name: Palmerdodge Advisors LLC
Address: 111 Huntington Avenue, Boston, MA, 02199 7613
Telephone: 617-239-0100

Palmerdodge Advisors LLC is a large advisory firm based in Boston. It manages $627.64 million of regulatory assets for 150 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Massachusetts, New Hampshire, and New York.

Palmerdodge Advisors provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Palmerdodge Advisors: assets under management

The assets under management (AUM) of Palmerdodge Advisors LLC is $627.64 million. The firm's AUM has gone down by -14% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $147.6 million in discretionary accounts and $480.04 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $997.3 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $240.02 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Palmerdodge Advisors LLC for their services and products based on a percentage of assets under management. 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 Palmerdodge Advisors LLC

David Osmo Rajala has been acting as President since 1 Jan 2003. Glenn Edgar Murphy joined the executive team most recently as the President, Manager & Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Osmo Rajala	President/managing member	1 Jan 2003	Other	4639787
Llp Palmer & Dodge	Owner	1 Jan 2003	75% - 100%	04-2170788
David Osmo Rajala	President, managing member, chief compliance officer	1 Oct 2004	Other	4639787
Edwards Angell Palmer & Dodge Llp	Owner	1 Nov 2005	75% - 100%	05-0135015
Diostenes Rubelin Medina	Chief compliance officer	1 Mar 2010	Other	4371731
Edwards Wildman Palmer Llp	Owner	1 Oct 2011	75% - 100%	05-0135015
Glenn Edgar Murphy	President & manager	1 Dec 2011	Other	343178
Glenn Edgar Murphy	President, manager & cco	1 Dec 2014	Other	343178

Based in Boston

The principal office where Palmerdodge Advisors LLC performs its advisory services is located at 111 Huntington Avenue, Boston, MA 02199 7613, 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 617-239-0100 or by fax 617-227-4420. The normal business hours are 9:00-5:00 on Monday - Friday. You can find more information about the New York firm at www.pdadvisors.com.