Nauset Wealth Management, LLC is a large advisory firm based in Westport. It manages $174.16 million of regulatory assets for 497 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California, Connecticut, Florida, and 4 other states.
Nauset Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Nauset Wealth Management, LLC is $174.16 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 368% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Nauset Wealth Management, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 and high net worth individuals. The largest group of clients of Nauset Wealth Management is individuals with 82 clients and $87.89 million of assets under management. Among the 8 most similar advisory firms, Nauset Wealth Management has the 2nd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $174.16 million for 99 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.
Nauset Wealth Management doesn't advise any private funds.
The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 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.
Nauset Wealth Management, LLC is owned by Karen Lynn Swanson. Michael Robert Lombardo joined the executive team most recently as the Chief Compliance Officer.
The principal office where Nauset Wealth Management, LLC performs its advisory services is located at 136 Main Street, Westport, CT 06880, 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 203-454-7328 or by fax 203-454-9906. The normal business hours are 8:30 to 5:30 on Monday - Friday. You can find more information about the New York firm at nausetwealth.com.