Rock Point Advisors, LLC is a large advisory firm based in Burlington. It manages $319.54 million of regulatory assets for 533 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Colorado, Florida, and 10 other states.
Rock Point Advisors provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Rock Point Advisors, LLC is $319.54 million. The firm's AUM has grown by 320% 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 Rock Point 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, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Michael Leighton Huffman is high net worth individuals with 77 clients and $232.88 million of assets under management. Among the 9 most similar advisory firms, Rock Point Advisors has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $319.54 million for 224 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.
Rock Point Advisors doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. 3 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Michael Leighton Huffman has been acting as President since 1 Mar 2004. Brian Richard Culver joined the executive team most recently as the Chief Compliance Officer.
The principal office where Rock Point Advisors, LLC performs its advisory services is located at 77 College Street, 4 Th Floor, Burlington, VT 05401 4014, 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 802-864-2266 or by fax 802-864-1116. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at rockpointadvisors.com.