Sippican Capital Advisors LLC is a large advisory firm based in Boston. It manages $109.38 million of regulatory assets for 141 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Massachusetts.
Sippican Capital Advisors provides portfolio management for individuals and small businesses and charitable organizations. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Sippican Capital Advisors LLC is $109.38 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 92% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Sippican Capital 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.
The firm provides services to charitable organizations and high net worth individuals. The largest group of clients of Sippican Capital Advisors is high net worth individuals with 138 clients and $92.79 million of assets under management. Among the 9 most similar advisory firms, Sippican Capital Advisors has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $109.38 million for 141 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.
Sippican Capital Advisors doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 100 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 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.
The principal office where Sippican Capital Advisors LLC performs its advisory services is located at 125 High St., Suite 1802, Boston, MA 02110 2704, 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 857-263-8101 or by fax 617-742-5666. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at sippicancapital.com/.