Harborview Advisors, LLC is a large advisory firm based in Portland. It manages $174.29 million of regulatory assets for 762 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Florida, Maine, Massachusetts, New Hampshire, and New York.
Harborview Advisors provides portfolio management for individuals and small businesses and selection of other advisers. 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 Harborview Advisors, LLC is $174.29 million. The firm's AUM has grown by 58% 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 Harborview Advisors, LLC 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of William Robert Todd is high net worth individuals with 58 clients and $93.21 million of assets under management. Among the 9 most similar advisory firms, Harborview Advisors has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $172.68 million for 349 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.
Harborview Advisors doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
William Robert Todd has been acting as President since 1 Sep 2014. Peter P Galloway joined the executive team most recently as the Chief Compliance Officer.
The principal office where Harborview Advisors, LLC performs its advisory services is located at One City Center, Portland, ME 04101 The mailing address of the firm is Po Box 4658, Portland, ME 04112 4658. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 207-775-4900 or by fax 207-775-4119. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at harborviewinvestments.com/.