Worcester County Fiduciary Advisors Inc (Worcester)

Worcester County Fiduciary Advisors Inc is an adviser based in Worcester. It manages $47.56 million of regulatory assets for 197 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida and Massachusetts.

Worcester County Fiduciary Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and income and estate tax preparation for clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Worcester County Fiduciary Advisors: assets under management

The assets under management (AUM) of Worcester County Fiduciary Advisors Inc is $47.56 million. The firm's AUM has gone down by -21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $47.4 million in discretionary accounts and $165.17 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $253.46 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $16.52 thousand.

Worcester County Fiduciary Advisors has custody of $9.5 million in cash and securities for 20 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Worcester County Fiduciary Advisors 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 Worcester County Fiduciary Advisors Inc

Eugene Chester Waniewski has been acting as President since 1 Oct 1994. Janet Leona Bousquet joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Eugene Chester Waniewski	President	1 Oct 1994	50% - 75%	4360644
David Michael Frazier	Vice president	1 Oct 1994	50% - 75%	4360649
Estate Of Eugene C. Waniewski	Executor	1 Jun 2002	50% - 75%	xxx-xx-xxxx
David Michael Frazier	President	1 Mar 2003	75% - 100%	4360649
David John Hall	Chief compliance officer	1 Sep 2005	Other	5039006
Janet Leona Bousquet	Chief compliance officer	1 Dec 2009	Other	4579072

Based in Worcester

The principal office where Worcester County Fiduciary Advisors Inc performs its advisory services is located at 11 Norwich Street, Worcester, MA 01608 2421, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.