Fleet Investment Advisors Inc. (Boston)

Name: Fleet Investment Advisors Inc.
Address: 100 Federal Street, 21 St Fl, Boston, MA, 02110
Telephone: 617-341-2200

Fleet Investment Advisors Inc. is a large advisory firm based in Boston. It manages $108.16 billion of regulatory assets for 54,007 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 42 other states.

Fleet Investment Advisors provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fleet Investment Advisors: assets under management

The assets under management (AUM) of Fleet Investment Advisors Inc. is $108.16 billion. The firm's AUM has gone down by -8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $34.8 billion in discretionary accounts and $73.35 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $167.33 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.36 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fleet Investment Advisors Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Fleet Investment Advisors Inc.

Bradford Hammond Warner has been acting as President since 1 Jan 2001. Inc. Columbia Management Group joined the executive team most recently as the Sole Shareholder Of Fleet Investment Advisors Inc..

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Arthur Knauf	President ny division and director	1 Nov 1983	Other	2435856
Glenn Thomas Migliozzi	Managing director of fixed income	1 Jan 1996	Other	1874135
John E. Boehmke	Managing director systems & operation	1 Dec 1996	Other	4347665
Keith Banks	President, chief investment officer	1 Sep 2000	Other	2460880
Thomas Fay	Chief operating officer & director	1 Nov 2000	Other	2709281
Bradford Hammond Warner	Director	1 Jan 2001	Other	2803887
Damian Daniel Sousa	Director of compliance	1 Jan 2001	Other	2061882
Damian Daniel Sousa	Compliance director	1 Feb 2001	Other	2061882
Joseph Robert Palombo	Director, executive vice president and coo	1 Nov 2001	Other	2543562
Jean Susan Loewenberg	Clerk and chief legal officer	1 Nov 2001	Other	1811391
Philip John Iudice	Treasurer	1 Nov 2001	Other	2036589
Roger Sayler	Director	1 Nov 2001	Other	1920994
Martha Ellen Fox	Director of compliance	1 Aug 2002	Other	1647590
Inc. Columbia Management Group	Sole shareholder of fleet investment advisors inc.	1 Nov 2002	75% - 100%	01-0547933

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Fleetboston Financial Corporation	Sole shareholder of fleet national bank	1 Dec 1997	75% - 100%	050341324
Fleet National Bank	Sole shareholder of columbia management group, inc.	1 Nov 2001	75% - 100%	050317415

Based in Boston

The principal office where Fleet Investment Advisors Inc. performs its advisory services is located at 100 Federal Street, 21 St Fl, Boston, MA 02110, which is also the mailing address of the firm. An additional office of the firm is in Hartford, CT. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 617-341-2200 or by fax 617-341-2215. The normal business hours are 8:00 am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.fleet.com/fia.