Blueline Advisors LLC (Exeter)

Name: Blueline Advisors LLC
Address: 99 Water Street, Exeter, NH, 03833
Telephone: 603-418-0940

Blueline Advisors LLC is a large advisory firm based in Exeter. It manages $175.07 million of regulatory assets for 207 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida, Maine, Massachusetts, and New Hampshire.

Blueline Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and consulting on non-securities related projects. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Blueline Advisors: assets under management

The assets under management (AUM) of Blueline Advisors LLC is $175.07 million. The firm's AUM has grown by 54% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $141.41 million in discretionary accounts and $33.66 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $725.19 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.8 million.

Investments

The firm invests in exchange traded securities the most. They account for 71% of the total AUM. The second-largest asset type is investment and business development companies, which make up 13% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blueline Advisors LLC for their services and products based on a percentage of assets under management and fixed fees. 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.

What kind of clients Blueline Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Blueline Advisors is high net worth individuals with 28 clients and $141.54 million of assets under management. Among the 4 most similar advisory firms, Blueline Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $150.86 million for 62 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.

Blueline Advisors doesn't advise any private funds.

Careers at Blueline Advisors LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Daniel John Wyand	Managing member/chief compliance officer	1 Jun 2012	50% - 75%	5628436
Frank Charles Sabin	Managing member	1 Jun 2012	50% - 75%	4442860

Based in Exeter

The principal office where Blueline Advisors LLC performs its advisory services is located at 99 Water Street, Exeter, NH 03833, 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 603-418-0940. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at blueline-advisors.com.