Gw & Wade, LLC is a large advisory firm based in Wellesley. It manages $5.93 billion of regulatory assets for 8,208 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Gw & Wade provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, publication of newsletters, educational seminars and workshops, and income tax preparation and consulting services. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Gw & Wade, LLC is $5.93 billion. The firm's AUM has grown by 117% since the beginning of its operation, and $37.57 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Gw & Wade, LLC for their services and products based on a percentage of assets under management, fixed fees, and commissions. 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 Michael Harold Glor is high net worth individuals with 1,059 clients and $5.43 billion of assets under management. Among the 10 most similar advisory firms, Gw & Wade has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $5.93 billion for 2,310 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.
Gw & Wade doesn't advise any private funds.
The company employs 61 people that are either part- or full-time employees. 49 percent of the employees work as investment advisers or researchers. 30 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Michael Harold Glor has been acting as President since 1 May 1986. Matthew George Valentine joined the executive team most recently as the Chief Compliance Officer.
The principal office where Gw & Wade, LLC performs its advisory services is located at 93 Worcester Street, Wellesley, MA 02481, which is also the mailing address of the firm. An additional office of the firm is in Norwell, MA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (781) 239-1188 or by fax (781) 239-1070. The normal business hours are 8:00 am - 5:00 pm (est) on Monday - Friday. You can find more information about the New York firm at gwwade.com.