Boston Research And Management, Inc. is a large advisory firm based in Manchester. It manages $385.39 million of regulatory assets for 415 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida, Maine, Massachusetts, and New Hampshire.
Boston Research And Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and portfolio reviews for trustees for an hourly fee. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Boston Research And Management, Inc. is $385.39 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Boston Research And Management, Inc. for their services and products based on a percentage of assets under management and hourly charges. 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 and high net worth individuals. The largest group of clients of Raymond James Stecker is high net worth individuals with 62 clients and $350.99 million of assets under management. Among the 10 most similar advisory firms, Boston Research And Management has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $375.13 million for 114 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.
Boston Research And Management doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 75 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Raymond James Stecker has been acting as President since 1 Jun 1991. Daniel F. Tortola has served as the Chief Investment Officer since 1 Dec 2014. Benjamin James Muchler joined the executive team most recently as the Managing Director.
The principal office where Boston Research And Management, Inc. performs its advisory services is located at 40 Beach Street, Manchester, MA 01944 1464, 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 (978) 526-9700 or by fax (978) 526-1804. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at bostonrm.com/.