Livelife Capital Partners LLC (Southborough)

Livelife Capital Partners LLC is a large advisory firm based in Southborough. It manages $160.87 million of regulatory assets for 444 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Massachusetts.

Livelife Capital Partners provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Livelife Capital Partners: assets under management

The assets under management (AUM) of Livelife Capital Partners LLC is $160.87 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $160.87 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $362.32 thousand each.

Livelife Capital Partners has custody of $40 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in government bonds the most. They account for 25% of the total AUM. The second-largest asset type is state and local bonds, which make up 22% of the firm’s portfolio. Investments in pooled investment vehicles form 21% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Livelife Capital Partners 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 Livelife Capital Partners serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Livelife Capital Partners is high net worth individuals with 96 clients and $100.29 million of assets under management. Among the 8 most similar advisory firms, Livelife Capital Partners has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $102.88 million for 116 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.

Livelife Capital Partners doesn't advise any private funds.

Careers at Livelife Capital Partners LLC

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Shawn N/A Mauro	Managing member, chief compliance officer	1 Sep 2017	75% - 100%	5299965

Based in Southborough

The principal office where Livelife Capital Partners LLC performs its advisory services is located at 144 Turnpike Road, Suite 215, Southborough, MA 01772, 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) 932-4915. The normal business hours are 9:00 am - 5:00pm on Monday - Friday.