Harbor Advisory Corporation is a large advisory firm based in Portsmouth. It manages $141.2 million of regulatory assets for 273 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, and 5 other states.
Harbor Advisory Corporation provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Harbor Advisory Corporation is $141.2 million. The firm's AUM has gone down by -26% 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 Harbor Advisory Corporation for their services and products based on a percentage of assets under management, hourly charges, 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 and high net worth individuals. The largest group of clients of Sarah K Butler is high net worth individuals with 47 clients and $106.41 million of assets under management. Among the 10 most similar advisory firms, Harbor Advisory Corporation has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $135.3 million for 106 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.
Harbor Advisory Corporation doesn't advise any private funds.
The company employs 2 people that are either part- or full-time employees. 100 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.
Sarah K Butler has been acting as President since 1 Jan 2015. John Joseph Degan joined the executive team most recently as the Director & Vice President, Chief Compliance Officer, Chief Investment Officer.
The principal office where Harbor Advisory Corporation performs its advisory services is located at 500 Market St., Ste 11, Portsmouth, NH 03801 The mailing address of the firm is Po Box 4520, Portsmouth, NH 03802 4520. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 603-431-5740 or by fax 603-431-2927. The normal business hours are 8:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at harboradvisory.com.