Fieldstone Financial Management Group, LLC (Foxboro)

Name: Fieldstone Financial Management Group, LLC
Address: 2 Hampshire Street, Foxboro, MA, 02035
Telephone: 800-888-5164

Fieldstone Financial Management Group, LLC is a large advisory firm based in Foxboro. It manages $234.75 million of regulatory assets for 900 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Delaware, District of Columbia, and 12 other states.

Fieldstone Financial Management Group provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Fieldstone Financial Management Group: assets under management

The assets under management (AUM) of Fieldstone Financial Management Group, LLC is $234.75 million. The firm's AUM has grown by 213% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $232.32 million in discretionary accounts and $2.43 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $261.62 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $202.62 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 72% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio. Investments in other assets form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fieldstone Financial Management Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Fieldstone Financial Management Group serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Fieldstone Financial Management Group is high net worth individuals with 111 clients and $176.35 million of assets under management. Among the 9 most similar advisory firms, Fieldstone Financial Management Group has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $234.75 million for 310 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.

Fieldstone Financial Management Group doesn't advise any private funds.

Careers at Fieldstone Financial Management Group, LLC

The company employs 11 people that are either part- or full-time employees. 91 percent of the employees work as investment advisers or researchers. 10 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
Kristofor Rodd Behn	Managing member & chief compliance officer	1 Sep 1996	75% - 100%	2969045
Kristofor R Behn	Managing member & chief compliance officer	1 Sep 1996	75% - 100%	2969045
David Jay Drucker	Officer	1 Jun 2001	Other	1842655
Mark Andrew Eaton	Member	1 Apr 2017	Other	6784265

Based in Foxboro

The principal office where Fieldstone Financial Management Group, LLC performs its advisory services is located at 2 Hampshire Street, Foxboro, MA 02035 The mailing address of the firm is P.O. Box 834, Mansfield, MA 02048. An additional office of the firm is in Bethesda, MD. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-888-5164 or by fax 508-339-1941. The normal business hours are 9am to 5pm on Other. You can find more information about the New York firm at fieldstonefinancial.com.