Commons Capital Advisors, LLC is a large advisory firm based in Needham. It manages $95.41 million of regulatory assets for 318 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Massachusetts, New Hampshire, and New York.
Commons Capital Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Commons Capital Advisors, LLC is $95.41 million. The firm's AUM has gone down by -14% since the beginning of its operation, and $6.88 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Commons Capital Advisors, LLC for their services and products based on a percentage of assets under management 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 Commons Capital Advisors is high net worth individuals with 45 clients and $80.4 million of assets under management. Among the 10 most similar advisory firms, Commons Capital Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $95.41 million for 125 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.
Commons Capital Advisors doesn't advise any private funds.
The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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.
The principal office where Commons Capital Advisors, LLC performs its advisory services is located at 35 Highland Circle, Needham, MA 02494, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (617) 431-7200 or by fax (857) 401-9207. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at commonscapitaladvisors.com.