Choate Investment Advisors

RIASEC RegisteredEst. 1996

Total AUM

$10B

Discretionary

$9.3B

92% of AUM

Avg account

$2.5M

Accounts

4,009

Employees

Advisory reps

Firm details

Headquarters: Boston, Massachusetts
CRD number: 106109
Registered since: November 29, 1996
Website: www.choatewealth.com
Custodians: LIMITED PURPOSE FEDERAL SAVINGS ASSOCIATION
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI93.26%
Charitable Organizations5.41%
Pooled Investment Vehicles0.88%
Individuals0.45%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other AdvisersPublication of Periodicals

Firm profile

FINTRX

Overview

Choate Investment Advisors is an independent, SEC-registered RIA organized as an LLC and operating since 1996. The firm acts as a capital allocator for both individual/family and institutional clients, offering financial planning, portfolio management across individuals, pooled vehicles and institutions, selection of outside advisers, and the publication of periodic client communications. Its fee arrangements include percentage-of-AUM, hourly charges, and fixed fees. The firm identifies as an active ESG investor and maintains an industry affiliation with a law firm. Choate has been recognized in several industry rankings: Financial Times' Top 300 RIAs (2020), FA Magazine's Top RIA Firms (2020), and Barron’s Top 100 RIA Firms in 2021, 2022, 2023, and 2024.