Maine Asset Management, LLC is a large advisory firm based in Bangor. It manages $124.88 million of regulatory assets for 219 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Florida, Maine, Massachusetts, New Hampshire, and Vermont.
Maine Asset Management provides financial planning services, 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 Maine Asset Management, LLC is $124.88 million. The firm's AUM has grown by 572% 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 Maine Asset Management, LLC for their services and products based on a percentage of assets under management, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
Dudley Grindle Gray has been acting as President since 1 Jun 2010. Janice Lee Grindle joined the executive team most recently as the Chief Compliance Officer And Chief Operations Officer.
The principal office where Maine Asset Management, LLC performs its advisory services is located at 21 Main Street, Bangor, ME 04401 The mailing address of the firm is P.O. Box 2010, Bangor, ME 04402. An additional office of the firm is in Tampa, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 207-992-2226 or by fax 207-992-2610. The normal business hours are 9:00 am to 4:30 pm on Monday - Friday. You can find more information about the New York firm at maineassetmanagement.com.