Cottage Street Advisors, LLC is a large advisory firm based in Marion. It manages $186.34 million of regulatory assets for 82 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Massachusetts and New Hampshire.
Cottage Street Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cottage Street Advisors, LLC is $186.34 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 38% 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 Cottage Street Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Cottage Street Advisors is high net worth individuals with 41 clients and $168.35 million of assets under management. Among the 10 most similar advisory firms, Cottage Street Advisors has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $186.34 million for 82 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.
Cottage Street Advisors doesn't advise any private funds.
The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No 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 Cottage Street Advisors, LLC performs its advisory services is located at 9 Cottage Street, Marion, MA 02738 The mailing address of the firm is P.O. Box 249, Marion, MA 02738. An additional office of the firm is in Nashua, NH. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 508-748-0709 or by fax 508-748-0710. The normal business hours are 8:30am - 5:30pm on Monday - Friday.