Windhaven Investment Management, Inc. (Boston)


Windhaven Investment Management, Inc. is a large advisory firm based in Boston. It manages $8.09 billion of regulatory assets for 25,350 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

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

Windhaven Investment Management: assets under management

The assets under management (AUM) of Windhaven Investment Management, Inc. is $8.09 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 74% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $8.09 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $319.32 thousand each.
Windhaven Investment Management has custody of $67.8 million in cash and securities for 113 clients in total and its related person acts as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Windhaven Investment Management, Inc. 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.

Careers at Windhaven Investment Management, Inc.

The company employs 51 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. 28 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.

Bryan L Olson has been acting as President since 1 Aug 2010. Marlene Marie Laure Bates joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Bryan Larry Olson President and ceo 1 Aug 2010 Other 2804409
William F Quinn Svp and treasurer 1 Aug 2010 Other 1638662
Inc. Schwab Holdings 100% owner 1 Aug 2010 75% - 100% 94-1681731
Bryan L Olson President 1 Aug 2010 Other 2804409
Geoffrey Owen Huggins Svp and controller 1 Aug 2010 Other 4596673
Douglas Stanton Hendrickson Vp and cfo 1 Aug 2010 Other 2962001
Ted Fyke Angus Vp & chief legal officer 1 Aug 2010 Other 4156167
Louis Pyle Crosier Senior vice president 1 Nov 2010 Other 3107747
Stephen Joseph Cucchiaro Senior vice president and chief investment officer 1 Nov 2010 Other 2107082
Denise Lynn Kampf Managing director and chief compliance officer 1 Nov 2010 Other 3261940
Robert Phillips Senior vice president, research 1 Nov 2010 Other 4371874
Michael F Hogan Cco, vice president 1 Oct 2011 Other 2988627
Michael Edward Gillespie Chief compliance officer 1 Mar 2012 Other 1454804
Rhett Charles Bratt Vice president and cfo 1 May 2012 Other 2705671
Alyssa Duffy Director - legal counsel 1 Jul 2013 Other 4917358
Liz Ann Sonders Svp and chair of investment committee 1 Jun 2014 Other 2048799
Marlene Marie Laure Bates Chief financial officer 1 Dec 2015 Other 5033442
Richard A Wurster Chief executive officer 1 Jul 2016 Other 6638804

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
The Charles Schwab Corporation Shareholder 1 Mar 1987 75% - 100% 94-3025021

Based in Boston

The principal office where Windhaven Investment Management, Inc. performs its advisory services is located at One International Place, Boston, MA 02110, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (617) 960-5300 or by fax (800) 977-8302. The normal business hours are 8:30 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at windhaveninvestments.com.