Cutter Financial Group LLC is a large advisory firm based in East Falmouth. It manages $121.15 million of regulatory assets for 851 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Massachusetts and Texas.
Cutter Financial Group provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cutter Financial Group LLC is $121.15 million. The firm's AUM has gone down by -2% since the beginning of its operation, and $2.41 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Cutter Financial Group 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Cutter Financial Group is individuals with 342 clients and $109.47 million of assets under management. Among the 13 most similar advisory firms, Cutter Financial Group has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $119.77 million for 349 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Cutter Financial Group doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 4 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Cutter Financial Group LLC performs its advisory services is located at 237 Teaticket Highway, East Falmouth, MA 02536, which is also the mailing address of the firm. An additional office of the firm is in Southlake, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (508) 388-7175 or by fax (508) 388-7029. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at cutterfinancialgroup.com/.