Asset Strategy Advisors, LLC (Natick)


Asset Strategy Advisors, LLC is a large advisory firm based in Natick. It manages $256.16 million of regulatory assets for 258 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Massachusetts.

Asset Strategy Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, 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.

Asset Strategy Advisors: assets under management

The assets under management (AUM) of Asset Strategy Advisors, LLC is $256.16 million. The firm's AUM has grown by 69% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $96.62 million in discretionary accounts and $159.54 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $437.21 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.31 million.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Asset Strategy Advisors, LLC 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.

What kind of clients Asset Strategy Advisors serves?

The firm provides services to high net worth individuals and pension and profit sharing plans. The largest group of clients of Asset Strategy Advisors is pension and profit sharing plans with 15 clients and $166.95 million of assets under management. Among the 10 most similar advisory firms, Asset Strategy Advisors has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $255.6 million for 255 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.

Asset Strategy Advisors doesn't advise any private funds.

Careers at Asset Strategy Advisors, LLC

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Kent Allan Fitzpatrick Member/chief compliance officer 1 Oct 2007 75% - 100% 1998842

Based in Natick

The principal office where Asset Strategy Advisors, LLC performs its advisory services is located at 5 Commonwealth Rd., Suite 3 A, Natick, MA 01760 1526, 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 781-235-4426 or by fax 781-222-3002. The normal business hours are 8:00am - 5:00pm on Monday - Friday.