Baldwin Brothers Inc is a large advisory firm based in Marion. It manages $1.01 billion of regulatory assets for 837 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alaska, California, Colorado, and 20 other states.
Baldwin Brothers provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. 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 Baldwin Brothers Inc is $1.01 billion. The firm's AUM has grown by 9% since the beginning of its operation, and $14.16 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Baldwin Brothers 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, business development companies, and corporations or other businesses. The largest group of clients of Michael Baldwin is high net worth individuals with 148 clients and $727.79 million of assets under management. Among the 5 most similar advisory firms, Baldwin Brothers has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $991.1 million for 371 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.
Baldwin Brothers also advises several private funds. Namely, one hedge fund, one private equity fund, and two venture capital funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $250,000.
The company employs 20 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 9 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.
Michael Baldwin has been acting as President since 1 Dec 1985. Matthew S. Morse has served as the Chief Investment Officer since 1 Apr 2016 and John Leonard Mannix is the Chief Executive Officer of Baldwin Brothers Inc family office. Taylor Converse Baldwin joined the executive team most recently as the Executive Vice President And Chief Compliance Officer.
The principal office where Baldwin Brothers Inc performs its advisory services is located at 204 Spring Street, Marion, MA 02738, which is also the mailing address of the firm. An additional office of the firm is in Mill Valley, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 508-748-0800 or by fax 508-748-0806. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at baldwinbrothersinc.com and its LinkedIn profile.