The Danforth Associates, Inc is a multi-state adviser based in Wellesley. It manages $74.1 million of regulatory assets for 369 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Connecticut, and 21 other states.
The Danforth 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.
The assets under management (AUM) of The Danforth Associates, Inc is $74.1 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -67% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay The Danforth Associates, Inc for their services and products based on a percentage of assets under management. 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.
David Newland Danforth has been acting as President since 1 Sep 1999. Stuart Gould Danforth joined the executive team most recently as the Director.
The principal office where The Danforth Associates, Inc performs its advisory services is located at One Hollis St, Suite 206, Wellesley, MA 02482 4673 The mailing address of the firm is P.O. Box 9014, Wellesley, MA 02482. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 781-235-9100 or by fax 781-235-8028. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.da-online.com.