Penobscot Investment Management Company, Inc.

RIASEC RegisteredEst. 1988

Total AUM

$1.6B

Discretionary

$1.6B

100% of AUM

Avg account

$1.9M

Accounts

845

Employees

14

Advisory reps

9

Firm details

Headquarters: Boston, Massachusetts
CRD number: 105060
Registered since: May 2, 1988
Website: www.pimboston.com
Custodians: CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC, FIDUCIARY TRUST COMPANY INTERNATIONAL
Fee structure: Percentage of AUM
Client types: HNWI83.76%
Individuals6.38%
Corporations / Businesses6.21%
Charitable Organizations3.17%
Pension & Profit Sharing Plans0.48%
Services: Portfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Penobscot Investment Management Company, Inc. is an independent, privately owned registered investment adviser that has been SEC-registered since 1988. The firm manages portfolios for both individuals and families as well as institutional clients, charging fees tied to assets under management. Its advisory mandate centers on portfolio management for individuals, small businesses and institutional entities. Penobscot is flagged as an active ESG investor and shows a clear preference for equity exposure, particularly exchange-traded equities.

Assets & Accounts

Public Holdings

Investments & Alternatives

Read the full firm profile in FINTRX →

Investment profile

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

CRM & tech providers

TAMPs used

Clients

Client base

Client personas

Asset composition

Exchange Traded Equities81%
Cash & Cash Equivalents8%
US Government Bonds4%
Investment Grade Corp Bonds3%
Other3%

Owners & executives

3 of 3

Colleen Macpherson
Chief Operating Officer, PrincipalCRD 5827676
Daniel Ford
President, CEOCRD 5731609
Kristin Nicholson
Chief Compliance OfficerCRD 8057605

Contacts

3 of 6

Eugene Clapp
Assistant Portfolio ManagerCRD 5394858
Charles Kane
PrincipalCRD 818704
Jonathan Phillips
PrincipalCRD 4583978

Unlock 3 more contacts →

Wealth teams

Newly hired reps

Recent M&A activity

Recent filings

Awards

ETF holdings

1 of 104

Active vs passive

$263M in ETFs

Passive

98%

$259M

Active

1%

$4.2M

ETF	Provider	Style	Category	Value	Shares	% of portfolio
SPDR S&P 500 ETF TRUST (SPY)	State Street	Passive	Large Blend	$27.4M	36,755	10.42%

Unlock additional holdings →

Primary office

Boston, MA

Suffolk

Location

Boston, MA

Headquartered in Boston, 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: Suffolk
Address: 155 Federal St
Time zone: ET (UTC-5)
Office locations

Similar firms

Shellback Capital, LP

Boston, MA

AUM $1.6BTEAM 10REPS 5

Bain Capital Partnership Strategies, LP

Boston, MA

AUM $1.7BTEAM 17REPS 6

Silverarc Capital Management, LLC

Boston, MA

AUM $1.6BTEAM 9REPS 4

J.M. Forbes & Co LLP

Boston, MA

AUM $1.7BTEAM 21REPS 9

P/E Global LLC

Boston, MA

AUM $1.7BTEAM 62REPS 3

Omega Fund Management, LLC

Boston, MA

AUM $1.7BTEAM 21REPS 5

More RIAs in Boston →All Massachusetts RIAs →