Kelly, William, Anthony (Braintree)

Name: Kelly, William, Anthony
Address: Ten Forbes Road West, Braintree, MA, 02184 2605
Telephone: 781-849-3090

Kelly, William, Anthony is a large advisory firm based in Braintree. It manages $273.62 million of regulatory assets for 2,747 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Arizona, Florida, Maine, and 3 other states.

Kelly, William, Anthony provides portfolio management for individuals and small businesses, selection of other advisers, 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.

Kelly, William, Anthony: assets under management

The assets under management (AUM) of Kelly, William, Anthony is $273.62 million. The firm's AUM has grown by 766% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $255.7 million in discretionary accounts and $17.92 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $105.27 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $56.35 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 69% of the total AUM. The second-largest asset type is exchange traded securities, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Kelly, William, Anthony 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.

What kind of clients Kelly D. Kelly serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Kelly D. Kelly is individuals with 686 clients and $218.89 million of assets under management. Among the 13 most similar advisory firms, Kelly, William, Anthony has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $273.62 million for 754 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.

Kelly, William, Anthony doesn't advise any private funds.

Careers at Kelly, William, Anthony

The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 4 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.

Kelly, William, Anthony is owned by William Anthony Kelly. Kelly D. Kelly has been acting as President since 1 Oct 2017. Gregory Peter Murray joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Anthony Kelly	Owner	1 Sep 2004	75% - 100%	2962725
Gregory Peter Murray	Chief compliance officer	1 Jan 2011	Other	5530078
Kelly D. Kelly	President	1 Oct 2017	75% - 100%	6532898

Based in Braintree

The principal office where Kelly, William, Anthony performs its advisory services is located at Ten Forbes Road West, Braintree, MA 02184 2605, which is also the mailing address of the firm. An additional office of the firm is in Burlington, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 781-849-3090 or by fax 781-849-3091. The normal business hours are 10am to 6pm on Monday - Friday. You can find more information about the New York firm at kellyfinancial.org.