Eagle Boston Investment Managment, Inc. (St Petersburg)


Eagle Boston Investment Managment, Inc. is a large advisory firm based in St Petersburg. It manages $1.03 billion of regulatory assets for 110 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Eagle Boston Investment Managment provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Eagle Boston Investment Managment: assets under management

The assets under management (AUM) of Eagle Boston Investment Managment, Inc. is $1.03 billion. The firm's AUM has grown by 66% since the beginning of its operation, and $11 of the total AUM is attributable to clients outside of the United States.

The firm manages $1.02 billion in discretionary accounts and $13.23 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $26.85 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $183.68 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio. Investments in investment and business development companies form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Eagle Boston Investment Managment, Inc. for their services and products based on a percentage of assets under management and performance-based 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.

What kind of clients James Cooper Abbott serves?

The firm provides services to individuals, charitable organizations, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of James Cooper Abbott is pension and profit sharing plans with 5 clients and $824.67 million of assets under management. Among the 5 most similar advisory firms, Eagle Boston Investment Managment has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $1.03 billion for 111 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.

Eagle Boston Investment Managment doesn't advise any private funds.

Careers at Eagle Boston Investment Managment, Inc.

The company employs 24 people that are either part- or full-time employees. 21 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

James Cooper Abbott has been acting as President since 1 Sep 2007. Eric Christian Wilwant joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Damian Daniel Sousa Chief compliance officer 1 Feb 2003 Other 2061882
Stephen Garrard Hill Chief executive officer , director 1 Aug 2004 Other 1334625
James Cooper Abbott Director 1 Sep 2007 Other 4441987
Richard John Rossi Director 1 Sep 2007 Other 1291357
Eagle Asset Management Inc Owner 1 Dec 2007 75% - 100% 110653
James Cooper Abbott President 1 Oct 2009 Other 4441987
James Cooper Abbott Chief executive officer 1 Mar 2010 Other 4441987
Eric Christian Wilwant Director 1 Dec 2013 Other 2256062

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Thomas Alan James Chairman, ceo 1 Jan 1971 25% - 50% 257119
Inc. Raymond James Financial Parent of eagle 1 Jul 1984 75% - 100% 59-1517485
Inc. Eagle Asset Management Shareholder 1 Dec 2007 75% - 100% 59-2385219

Based in St Petersburg

The principal office where Eagle Boston Investment Managment, Inc. performs its advisory services is located at 880 Carillon Parkway, St Petersburg, FL 33716 The mailing address of the firm is 880 Carillon Parkway, St. Petersburg, FL 33716. An additional office of the firm is in Stowe, VT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800 237-3101 or by fax 727 567-8285. The normal business hours are 8:30 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at eagleboston.com.