Bromfield Financial Advisory Group, Inc. is a large advisory firm based in Cambridge. It manages $312.76 million of regulatory assets for 278 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Massachusetts and New Hampshire.
Bromfield Financial Advisory Group provides financial planning services and portfolio management for individuals and small businesses. 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 Bromfield Financial Advisory Group, Inc. is $312.76 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 153% 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 Bromfield Financial Advisory Group, Inc. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. 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 Sandra N/M/N Bromfield is high net worth individuals with 94 clients and $298.84 million of assets under management. Among the 9 most similar advisory firms, Bromfield Financial Advisory Group has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $312.76 million for 117 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.
Bromfield Financial Advisory Group 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.
Sandra N/M/N Bromfield has been acting as President since 1 Jan 2002. Eric Michael Sneider joined the executive team most recently as the Vice President / Chief Compliance Officer.
The principal office where Bromfield Financial Advisory Group, Inc. performs its advisory services is located at 10 Rogers Street, Cambridge, MA 02142, 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 617-252-3400 or by fax 617-252-3777. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at bromfieldfinancial.com.