Excalibur Management Corp (Newton)

Name: Excalibur Management Corp
Address: Three Newton Executive Park, Newton, MA, 02462 1433
Telephone: 617-916-9669

Excalibur Management Corp is a large advisory firm based in Newton. It manages $401.87 million of regulatory assets for 552 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Maine, Massachusetts, and 4 other states.

Excalibur Management Corp provides financial planning services, portfolio management for individuals and small businesses, and publication of newsletters. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Excalibur Management Corp: assets under management

The assets under management (AUM) of Excalibur Management Corp is $401.87 million. The firm's AUM has gone down by -38% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $384.49 million in discretionary accounts and $17.38 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $776.74 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $304.92 thousand.

Excalibur Management Corp has custody of $305.5 million in cash and securities for 175 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 29% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 24% of the firm’s portfolio. Investments in state and local bonds form 24% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Excalibur Management Corp 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.

What kind of clients Excalibur Management Corp serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Excalibur Management Corp is high net worth individuals with 108 clients and $324.18 million of assets under management. Among the 10 most similar advisory firms, Excalibur Management Corp has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $365.78 million for 210 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.

Excalibur Management Corp doesn't advise any private funds.

Careers at Excalibur Management Corp

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 5 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Anthony Delduchetto	Pres, treas, director, clerk	1 Sep 1980	75% - 100%	2139429
Wayne Donald Wetzel	Senior vice president	1 Jan 1993	Other	1356174
John Reid Ingram	Vice president	1 Jul 1993	Other	4434232
Daniel Bruce Anderson	Vice president	1 Feb 1998	Other	2383148
Anne Marie Pogorelc	Assistant vice president	1 Mar 1999	Other	4434237
Timothy Blaney George	Analyst	1 Jan 2000	Other	4434239
Thomas Stewart Drumm	Senior vice president	1 Sep 2000	Other	4434228
Wendy J Levy	Assistant vice president	1 Jul 2002	Other	874859
Michael William Delduchetto	Vice president	1 Mar 2003	Other	2389721
Marc Hamilton Ohler	Vice president	1 Apr 2004	Other	4318901
Wayne Donald Wetzel	Managing director & chief compliance officer	1 Feb 2008	Other	1356174
Thomas Stewart Drumm	Managing director	1 Feb 2008	Other	4434228
Daniel Bruce Anderson	Managing director	1 Feb 2008	Other	2383148
Michael William Delduchetto	Managing director	1 Feb 2008	Other	2389721
Marc Hamilton Ohler	Managing director	1 Feb 2008	Other	4318901
Michael Anthony Delduchetto	Chairman emeritus	1 Jun 2014	75% - 100%	2139429
Michael William Delduchetto	President, managing director and director	1 Jun 2014	Other	2389721
Marc Hamilton Ohler	Treasurer, clerk, managing director and director	1 Jun 2014	Other	4318901
Michael Anthony Delduchetto	Chairman emeritus	1 Apr 2015	Other	2139429
Michael William Delduchetto	President, managing director and director	1 Apr 2015	50% - 75%	2389721
Marc Hamilton Ohler	Treasurer, clerk, managing director and director	1 Apr 2015	50% - 75%	4318901
Wayne Donald Wetzel	Managing director	1 Aug 2015	Other	1356174
Marc Hamilton Ohler	Chief compliance officer, treasurer, clerk, managing director and director	1 Aug 2015	50% - 75%	4318901

Based in Newton

The principal office where Excalibur Management Corp performs its advisory services is located at Three Newton Executive Park, Newton, MA 02462 1433, which is also the mailing address of the firm. An additional office of the firm is in Worcester, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-916-9669 or by fax 617-916-9554. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at excalmgmt.com.