Penobscot Investment Management Company, Inc.
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
FINTRXOverview
Penobscot Investment Management Company, Inc. is an independent, privately owned registered investment adviser that provides discretionary portfolio management to both individuals and institutions. The firm is SEC-registered (registration year 1988) and charges clients on a percentage-of-AUM fee basis. Its advisory work spans separately managed accounts for individuals and small businesses as well as portfolio management for business and institutional clients. Penobscot identifies as an active ESG investor and operates as an investment manager rather than a direct capital allocator.
Assets & Accounts
Public Holdings
Investments & Alternatives
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities81%
- Cash & Cash Equivalents8%
- US Government Bonds4%
- Investment Grade Corp Bonds3%
- Other3%
Owners & executives
FINTRXContacts
FINTRXWealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 98Active vs passive
$253M in ETFs
98%
$249M
1%
$4M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| SPDR S&P 500 ETF TRUST (SPY) | State Street | Passive | Large Blend | $28.7M | 37,626 | 11.34% |
Location
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
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