Wendell David Associates Inc (Portsmouth)

Name: Wendell David Associates Inc
Address: 2 Nd Floor, Portsmouth, NH, 03801
Telephone: 603-427-0200

Wendell David Associates Inc is a large advisory firm based in Portsmouth. It manages $765.33 million of regulatory assets for 467 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Colorado, Connecticut, and 17 other states.

Wendell David Associates 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.

Wendell David Associates: assets under management

The assets under management (AUM) of Wendell David Associates Inc is $765.33 million. The firm's AUM has grown by 16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $653.6 million in discretionary accounts and $111.73 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.58 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.11 million.

Investments

The firm invests in exchange traded securities the most. They account for 84% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in government bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wendell David Associates Inc for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Peter James Boland serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Peter James Boland is high net worth individuals with 156 clients and $542.63 million of assets under management. Among the 13 most similar advisory firms, Wendell David Associates has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $694.47 million for 460 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Wendell David Associates doesn't advise any private funds.

Careers at Wendell David Associates Inc

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 5 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 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.

Peter James Boland has been acting as President since 1 Jul 2017. Karen "Nmn" Wendell joined the executive team most recently as the Ceo, Treasurer & Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jane Kay Barr	Executive vice president	1 May 1994	Other	4361641
Barbara Anne Kipp	Secretary	1 May 1994	Other	4361647
Charles Orleman Lee	President	1 May 1994	Other	4361634
Karen "Nmn" Wendell	Chairman, treasurer & chief compliance officer	1 Jul 1998	50% - 75%	2466451
Karen Wendell	Chairman and treasurer	1 Jul 1998	50% - 75%	2466451
Karen Nmi Wendell	Chairman, treasurer & chief compliance officer	1 Jul 1998	50% - 75%	2466451
Patrick Eric Robb	Vice president	1 Nov 1998	Other	4361661
Antony Nmi Edgar	Senior vice president	1 Jan 1999	Other	4361672
Peter Boland	Vice president	1 Sep 2000	Other	2972568
Peter J. Boland	Vice president	1 Sep 2000	Other	2972568
Antony Nmi Edgar	President	1 Apr 2005	Other	4361672
Peter James Boland	Senior vice president	1 Oct 2005	Other	2972568
Peter J. Boland	Senior vice president	1 Oct 2005	Other	2972568
Jeffrey Albert Wells	Vice president	1 Oct 2005	Other	4395789
Reid Vaile Smith	Vice president	1 Mar 2007	Other	2116044
Antony Nmi Edgar	Director	1 Jul 2007	Other	4361672
Kathryn Elizabeth Ferry	Director	1 Nov 2007	Other	4869718
Kathryn Elizabeth Ferry	Secretary	1 Oct 2008	Other	4869718
Kathryn Elizabeth Shea	Secretary	1 Oct 2008	Other	4869718
William Henry Ledger Mitchell	President	1 Mar 2011	Other	1688663
William Mitchell	President	1 Mar 2011	Other	1688663
Kathryn Elizabeth Shea	Vice president & secretary	1 Nov 2012	Other	4869718
Neil Gerhard Bleicken	Vice president	1 Jun 2016	Other	2771221
Karen "Nmn" Wendell	Ceo, treasurer & chief compliance officer	1 Jul 2017	75% - 100%	2466451
Peter James Boland	President	1 Jul 2017	Other	2972568
Kathryn Elizabeth Shea	Senior vice president & secretary	1 Jul 2017	Other	4869718
William Henry Ledger Mitchell	Chairman	1 Jul 2017	Other	1688663

Based in Portsmouth

The principal office where Wendell David Associates Inc performs its advisory services is located at 2 Nd Floor, Portsmouth, NH 03801 The mailing address of the firm is P.O. Box 21980, Portsmouth, NH 03802. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 603-427-0200 or by fax 603-433-3013. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at davidwendell.com.