Boston Trust Investment Management, Inc. (Boston)


Boston Trust Investment Management, Inc. is a large advisory firm based in Boston. It manages $1.83 billion of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2001.

Boston Trust Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and portfolio management non us institutions. 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 Trust Investment Management: assets under management

The assets under management (AUM) of Boston Trust Investment Management, Inc. is $1.83 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 626% since the beginning of its operation, and $233.84 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.83 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $114.33 million each.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Boston Trust Investment Management, 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.

What kind of clients Domenic Colasacco serves?

The firm provides services to investment companies, high net worth individuals, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Domenic Colasacco is investment companies with 1 clients and $1.51 billion of assets under management. Among the 10 most similar advisory firms, Boston Trust Investment Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $1.77 billion for 5 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 20% of the firm’s clients are foreign persons or businesses.

Boston Trust Investment Management doesn't advise any private funds.

Careers at Boston Trust Investment Management, Inc.

The company employs 25 people that are either part- or full-time employees. 48 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.

Domenic Colasacco has been acting as President since 1 Mar 2001. Belinda Maria Cavazos joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Boston Trust & Investment Management Company Corporation 1 Mar 2001 75% - 100% xxx-xx-xxxx
Lucia Bianca Santini Managing director 1 Mar 2001 Other 4376497
Domenic Colasacco Director/president 1 Mar 2001 Other 4376888
Boston Trust Walden Company Corporation 1 Mar 2001 75% - 100% 04-2273811
United States Trust Company Corporation 1 Mar 2001 75% - 100% xxx-xx-xxxx
Joan Vicki Stempel Clerk/director 1 Mar 2001 Other 4376710
William Harris Apfel Director 1 Mar 2002 Other 1308838
Sarah Therese Kelly Clerk, chief compliance officer 1 Aug 2002 Other 4649370
Jennifer Ann Ellis Chief financial officer 1 Jan 2012 Other 6775138
Lucia Bianca Santini Director/president 1 Jan 2017 Other 4376497
David Aaron Sandell Director 1 Jan 2017 Other 4426817
Russell Thomas Gentry Director 1 Jan 2017 Other 6770768
Thomas John Boland Chief compliance officer 1 Jun 2018 Other 5653284

Indirect Owners

The SEC currently registers 17 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. Citizens Financial Group Shareholder 1 Jan 2000 75% - 100% 05 412 693
Btim Corp Shareholder 1 Feb 2001 75% - 100% 20-0965054
Boston Trust Walden Corporation Shareholder 1 Feb 2001 75% - 100% 20-0965054
The Royal Bank Of Scotland Plc Shareholder 1 Mar 2001 75% - 100% 00 000 000
Inc. Citizens Financial Group Shareholder 1 Mar 2001 75% - 100% 05 412 693
Robert Allen Lincoln 1-shareholder 2-director 1 Aug 2004 Other 4377018
Stephen Kreigh Moody 1-shareholder 2-director 1 Aug 2004 Other 4377077
Lucia Bianca Santini 1-shareholder 2-director 1 Aug 2004 Other 4376497
William Harris Apfel 1-shareholder 2-director 1 Aug 2004 Other 1308838
Domenic Colasacco 1-shareholder 2-director 1 Aug 2004 Other 4376888
Mark Elliott Cushing 1-shareholder 2-director 1 Aug 2004 Other 2452482
Heidi Ann Soumerai 1-shareholder 2-director 1 Aug 2004 Other 4861320
Kenneth Peter Scott 1-shareholder 2-director 1 Jan 2011 Other 2452017
Stephen James Amyouny 1-shareholder 2-director 1 Jan 2011 Other 1848014
Kimberly Davis Gluck 1-shareholder 2-director 1 Jun 2015 Other 6521301
Heidi Harris Vanni Director 1 Jan 2018 Other 6931000
Belinda Maria Cavazos Director 1 Jul 2019 Other 3036543

Based in Boston

The principal office where Boston Trust Investment Management, Inc. performs its advisory services is located at One Beacon Street, Boston, MA 02108 3116, 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 617-726-7250 or by fax 617-227-3664. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at bostontrust.com.