Huntwicke Advisors, LLC (Topsfield)


Huntwicke Advisors, LLC is a large advisory firm based in Topsfield. It manages $170.9 million of regulatory assets for 391 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California, Louisiana, Maine, and 4 other states.

Huntwicke Advisors provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Huntwicke Advisors: assets under management

The assets under management (AUM) of Huntwicke Advisors, LLC is $170.9 million. The firm's AUM has grown by 46% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $157.05 million in discretionary accounts and $13.85 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $414.37 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.15 million.

Investments

The firm invests in investment and business development companies the most. They account for 70% of the total AUM. The second-largest asset type is exchange traded securities, which make up 22% 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 Huntwicke Advisors, LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Huntwicke Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Huntwicke Advisors is high net worth individuals with 70 clients and $145.68 million of assets under management. Among the 9 most similar advisory firms, Huntwicke Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $170.9 million for 144 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.

Huntwicke Advisors doesn't advise any private funds.

Careers at Huntwicke Advisors, LLC

The company employs 12 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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
Brian Andrew Woodland Managing memeber, president 1 Mar 2009 Other 2263508
Peter Earl Mulholland Chief compliance officer, chief investment officer and senior financial advisor 1 Apr 2009 Other 2213796
Llc Huntwicke Capital Group Owner 1 Dec 2009 75% - 100% 27-1184887
Huntwicke Capital Group Inc. Owner 1 Dec 2009 75% - 100% 27-1184887

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Brian Andrew Woodland Member 1 Dec 2009 75% - 100% 2263508

Based in Topsfield

The principal office where Huntwicke Advisors, LLC performs its advisory services is located at 6 Park Street, Topsfield, MA 01983, which is also the mailing address of the firm. An additional office of the firm is in Bedford, NH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (978) 887-5981. The normal business hours are 9am-5pm (eastern) on Monday - Friday. You can find more information about the New York firm at huntwicke.com.