Ipswich Investment Management Company, Inc. is a large advisory firm based in Ipswich. It manages $453.32 million of regulatory assets for 511 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Georgia, Maine, and 6 other states.
Ipswich Investment Management Company 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.
The assets under management (AUM) of Ipswich Investment Management Company, Inc. is $453.32 million. The firm's AUM has grown by 433% since the beginning of its operation, and $7.36 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Ipswich Investment Management Company, Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. 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, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Ipswich Investment Management Company is high net worth individuals with 39 clients and $245.94 million of assets under management. Among the 9 most similar advisory firms, Ipswich Investment Management Company has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $453.32 million for 217 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.
Ipswich Investment Management Company doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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 Ipswich Investment Management Company, Inc. performs its advisory services is located at 53 S. Main Street, Ipswich, MA 01938 2321, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 978-356-6333 or by fax 978-356-2176. The normal business hours are 9:00a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at ipswichinvestment.com.