ASSABET ADVISORS, LLC

RIASEC RegisteredEst. 2021
Total AUM
$171M
Discretionary
$168M
98% of AUM
Avg account
$790K
Accounts
217
Employees
3
Advisory reps
3

Firm details

Headquarters
HOLDEN, Massachusetts
CRD number
127795
Registered since
March 25, 2021
Custodians
FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM
Client types
  • HNWI85.67%
  • Individuals8.19%
  • Charitable Organizations4.02%
  • Pension & Profit Sharing Plans2.07%
  • Corporations / Businesses0.04%
Services
Portfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Assabet Advisors, LLC is an SEC‑registered investment adviser organized as a limited liability company and registered in 2021. The firm is individually owned and focuses on fee‑based portfolio management for individuals, families and small businesses, with the capacity to manage portfolios for business or institutional clients as well. Its stated fee model is a percentage of assets under management. The adviser is not identified as an ESG investor, pension consultant, capital allocator or related adviser, and it does not operate as a multi‑state adviser under the available data. Advisory activity centers on discretionary portfolio management, with a small portion of assets held non‑discretionarily.

Assets & Accounts

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 60%, Cash & Cash Equivalents 21%, US Government Bonds 15%, Exchange Traded Equities 3%, State & Local Bonds 1%60%
  • Public Funds/Mutual Funds60%
  • Cash & Cash Equivalents21%
  • US Government Bonds15%
  • Exchange Traded Equities3%
  • State & Local Bonds1%

Owners & executives

1 of 1
  • ROBERT JACOBSEN

    Director and Chief Compliance OfficerCRD 6413252

Contacts

2 of 2
  • THOMAS JACOBSEN

    Associate DirectorCRD 8161053

  • WAYNE USHMAN

    Owner and Managing DirectorCRD 4686174

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

FINTRX

Location

Primary office

HOLDEN, MA

WORCESTER

Location

HOLDEN, MA

Headquartered in HOLDEN, MA, anchoring the Boston-Worcester-Providence, MA-RI-NH-CT metro in the Northeast.

Metro area
Boston-Worcester-Providence, MA-RI-NH-CT
Region
Northeast
County
WORCESTER
Address
1087 Main St
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth