Howland Capital Management LLC is a large advisory firm based in Boston. It manages $1.88 billion of regulatory assets for 1,422 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Connecticut, District of Columbia, and 18 other states.
Howland Capital Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and publication of newsletters. 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 Howland Capital Management LLC is $1.88 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 80% since the beginning of its operation, and $20.93 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Howland Capital Management 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, high net worth individuals, and corporations or other businesses. The largest group of clients of Charles Elmer Clapp Iii is individuals with 924 clients and $944.92 million of assets under management. Among the 6 most similar advisory firms, Howland Capital Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $1.88 billion for 1,010 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Howland Capital Management also advises several private funds. Namely, eight other private funds. The minimum investment commitment required of non-related persons ranges from $15,000 to $50,000.
The company employs 25 people that are either part- or full-time employees. 32 percent of the employees work as investment advisers or researchers. 8 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.
Charles Elmer Clapp Iii has been acting as President since 1 Jun 2011. Peter H Dixon joined the executive team most recently as the Cio.
The principal office where Howland Capital Management LLC performs its advisory services is located at 75 Federal St, Ste 1100, Boston, MA 02110 1911, 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 617-357-9110 or by fax 617-357-5540. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at howlandcapital.com and its LinkedIn profile.