Fleet Investment Advisors Inc. (Boston)


Fleet Investment Advisors Inc. is a large advisory firm based in Boston. It manages $108.16 billion of regulatory assets for 54,007 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 42 other states.

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

Fleet Investment Advisors: assets under management

The assets under management (AUM) of Fleet Investment Advisors Inc. is $108.16 billion. The firm's AUM has gone down by -8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $34.8 billion in discretionary accounts and $73.35 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $167.33 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.36 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fleet Investment Advisors Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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.

Careers at Fleet Investment Advisors Inc.

Bradford Hammond Warner has been acting as President since 1 Jan 2001. Inc. Columbia Management Group joined the executive team most recently as the Sole Shareholder Of Fleet Investment Advisors Inc..

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
James Arthur Knauf President ny division and director 1 Nov 1983 Other 2435856
Glenn Thomas Migliozzi Managing director of fixed income 1 Jan 1996 Other 1874135
John E. Boehmke Managing director systems & operation 1 Dec 1996 Other 4347665
Keith Banks President, chief investment officer 1 Sep 2000 Other 2460880
Thomas Fay Chief operating officer & director 1 Nov 2000 Other 2709281
Bradford Hammond Warner Director 1 Jan 2001 Other 2803887
Damian Daniel Sousa Director of compliance 1 Jan 2001 Other 2061882
Damian Daniel Sousa Compliance director 1 Feb 2001 Other 2061882
Joseph Robert Palombo Director, executive vice president and coo 1 Nov 2001 Other 2543562
Jean Susan Loewenberg Clerk and chief legal officer 1 Nov 2001 Other 1811391
Philip John Iudice Treasurer 1 Nov 2001 Other 2036589
Roger Sayler Director 1 Nov 2001 Other 1920994
Martha Ellen Fox Director of compliance 1 Aug 2002 Other 1647590
Inc. Columbia Management Group Sole shareholder of fleet investment advisors inc. 1 Nov 2002 75% - 100% 01-0547933

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Fleetboston Financial Corporation Sole shareholder of fleet national bank 1 Dec 1997 75% - 100% 050341324
Fleet National Bank Sole shareholder of columbia management group, inc. 1 Nov 2001 75% - 100% 050317415

Based in Boston

The principal office where Fleet Investment Advisors Inc. performs its advisory services is located at 100 Federal Street, 21 St Fl, Boston, MA 02110, which is also the mailing address of the firm. An additional office of the firm is in Hartford, CT. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 617-341-2200 or by fax 617-341-2215. The normal business hours are 8:00 am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.fleet.com/fia.