Boston Safe Advisors, Inc. (Boston)


Boston Safe Advisors, Inc. is a large advisory firm based in Boston. It manages $953.74 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Florida, Maryland, and 4 other states.

Boston Safe Advisors provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Boston Safe Advisors: assets under management

The assets under management (AUM) of Boston Safe Advisors, Inc. is $953.74 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $953.74 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $158.96 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Boston Safe Advisors, Inc. for their services and products based on a percentage of assets under management. 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 Boston Safe Advisors, Inc.

John Charles Cardona has been acting as President since 1 Oct 2001. The Bank Of New York Mellon Corporation joined the executive team most recently as the Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John Charles Cardona Director 1 Oct 2001 Other 702784
William Howard Maresca Chief financial officer, director 1 Oct 2001 Other 2053492
Thomas Eugene Winnick President, director 1 Oct 2001 Other 2256835
John Brereton Young Chief operating officer 1 Oct 2001 Other 1338064
David Howard Kanefsky Chief legal officer,secretary 1 Oct 2001 Other 2994534
Anthony Charles Devivio Director 1 Oct 2001 Other 715375
Michael Gerard Millard Director 1 Oct 2001 Other 722703
John David Officer Director 1 Oct 2001 Other 2789523
Irene Despina Papadoulis Director 1 Oct 2001 Other 733025
The Dreyfus Service Corporation Sole shareholder 1 Oct 2001 75% - 100% 231
Dreyfus Service Corporation Sole shareholder 1 Oct 2001 75% - 100% 231
Anthony Charles Devivio President & director 1 May 2002 Other 715375
Mary Louise Merkle Compliance officer 1 May 2002 Other 3229913
Anthony Charles Devivio Chairman & chief executive officer 1 Jun 2002 Other 715375
John Brereton Young President 1 Dec 2002 Other 1338064
Wendy Hermach Strutt Chief operating officer 1 Dec 2002 Other 2910491
James Andrew Neiland Director 1 Mar 2003 Other 1802660
Matthew Rodney Schiffman Director 1 Mar 2003 Other 1022661
John Brereton Young Chairman and president 1 Nov 2003 Other 1338064
Wendy Hermach Strutt Senior vice president 1 Mar 2004 Other 2910491
Ronald Michael Jamison Secretary 1 Mar 2004 Other 1861359
Kenneth James Bradle Chief operating officer 1 Mar 2004 Other 1827956
Joseph Warren Connolly Chief compliance officer 1 Oct 2004 Other 1144952
John Francis Flahive President and chairman of the board 1 May 2005 Other 1397419
Lawrence Paul Keblusek Director 1 May 2005 Other 2367127
Frank Leo Reis Director 1 May 2005 Other 4972853
Juan Carlos Morales Chief financial officer 1 May 2005 Other 4972855
Mary Ann O'hara Chief operating officer 1 May 2005 Other 4970822
Katherine Macbeth Cain Chief compliance officer 1 May 2005 Other 3178620
Equity (Ma) Trust (Emat) Owner 1 May 2005 75% - 100% 20-1428181
Fixed Income (Ma) Trust (Fimat) Sole member 1 Dec 2006 75% - 100% 86-1067827
David Kent Mossman Director 1 Dec 2006 Other 2503983
Christopher Edwin Sheldon Director 1 Dec 2006 Other 2577528
Mam (Ma) Holding Trust Sole member 1 Dec 2006 75% - 100% 86-1067827

Indirect Owners

The SEC currently registers 10 indirect owners.

Name Entity Date acquired Ownership Employer ID
The Dreyfus Corporation Sole shareholder 1 Jan 1968 75% - 100% 13-5673135
N.A. Mellon Bank Sole shareholder 1 Aug 1994 75% - 100% 25-0659306
Mellon Financial Corporation Sole shareholder 1 Aug 1994 75% - 100% 25-1233834
Mellon Financial Corporation Sole shareholder 1 Dec 2000 75% - 100% 25-1233834
N.A. Mellon Trust Of New England Indirect owner 1 Dec 2000 75% - 100% 04-1107280
Mellon Financial Corporation Sole shareholder 1 Mar 2004 75% - 100% 25-1233834
Equity (De) Trust 1 (Edet1) Indirect owner 1 Aug 2004 75% - 100% 20-1428198
Fixed Income (De) Trust (Fidet) Indirect owner 1 Dec 2006 25% - 50% 86-1067823
Mam (De) Trust Indirect owner 1 Dec 2006 25% - 50% 86-1067823
The Bank Of New York Mellon Corporation Shareholder 1 Jul 2007 75% - 100% 13-2614959

Based in Boston

The principal office where Boston Safe Advisors, Inc. performs its advisory services is located at One Boston Place, Boston, MA 02108, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 617-722-7446 or by fax 617-722-7367. The normal business hours are 8:30- 5:00 on Monday - Friday.