Assabet Advisors, LLC (Northborough)


Assabet Advisors, LLC is an adviser based in Northborough. It manages $57.66 million of regulatory assets for 84 client accounts. It has been registered with the SEC as an adviser since 2006.

Assabet Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and investment consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Assabet Advisors: assets under management

The assets under management (AUM) of Assabet Advisors, LLC is $57.66 million. The firm's AUM has grown by 82% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $54.54 million in discretionary accounts and $3.11 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $665.15 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.56 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Assabet Advisors, 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.

Careers at Assabet Advisors, LLC

Elizabeth Blakeslee Phelps has been acting as President since 1 Jul 2003. Wayne Martin Ushman joined the executive team most recently as the Managing Director / Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Wayne Martin Ushman Managing director / chief compliance officer 1 Jul 2003 75% - 100% 4686174
Elizabeth Blakeslee Phelps Director/chief compliance officer 1 Jul 2003 Other 2430437

Based in Northborough

The principal office where Assabet Advisors, LLC performs its advisory services is located at 4 Smith Road, Northborough, MA 01532, 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 508-351-9666 or by fax 508-351-9689. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.assabetadvisors.com.