Interinvest Corp Inc (Boston)


Interinvest Corp Inc is a large advisory firm based in Boston. It manages $94.82 million of regulatory assets for 78 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Massachusetts and Vermont.

Interinvest Corp provides portfolio management for individuals and small businesses 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.

Interinvest Corp: assets under management

The assets under management (AUM) of Interinvest Corp Inc is $94.82 million. The firm's AUM has grown by 117% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $42.82 million in discretionary accounts and $52 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $563.4 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $26 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Interinvest Corp Inc 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.

Careers at Interinvest Corp Inc

Stanley Thomas Schmidt has been acting as President since 1 Jul 1992. Alexander Richard Black joined the executive team most recently as the President/Chief Compliance Officer/Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Janet Black Treasurer 1 Feb 1980 Other 4345861
Hans P Black President, chief investment officer, chief compliance officer 1 Jul 1992 75% - 100% 4345879
Stanley Thomas Schmidt President 1 Jul 1992 Other 1011448
Alexander Richard Black Portfolio manager 1 Jan 2010 25% - 50% 5752591
Hans Arthur Black Passive owner 1 Dec 2010 25% - 50% 5878801
Alexander Richard Black Chief compliance officer 1 Mar 2013 Other 5752591
Alexander Richard Black President/chief compliance officer/director 1 Mar 2014 25% - 50% 5752591

Based in Boston

The principal office where Interinvest Corp Inc performs its advisory services is located at 192 South Street, Boston, MA 02111, 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 617-723-7870 or by fax 617-723-1966. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at interinvest.com.