Somerville Associates

RIAState Registered
Total AUM
$60.4M
Discretionary
$60.4M
100% of AUM
Avg account
$989K
Accounts
61
Employees
2
Advisory reps
2

Firm details

Headquarters
,
CRD number
124214
Custodians
FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI70.77%
  • Individuals29.23%
Services
Portfolio Management for Individuals

Firm profile

FINTRX

Overview

Somerville Associates is an independent, privately owned registered investment adviser operating as a corporation and focused on wealth management for individuals, families and small businesses. The firm’s core advisory activity is discretionary portfolio management for individual and small-business clients. Compensation is a mix of percentage-of-AUM fees plus the option for hourly or fixed-fee engagements. The adviser is structured for direct client relationships rather than acting as a capital allocator to external managers or funds. Filings indicate Somerville Associates is not an active ESG investor and is not registered as a multi-state adviser.

Assets & Accounts

Public Holdings

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 79%, Cash & Cash Equivalents 16%, Exchange Traded Equities 5%79%
  • Public Funds/Mutual Funds79%
  • Cash & Cash Equivalents16%
  • Exchange Traded Equities5%

Contacts

2 of 2
  • Edward Somerville

    PresidentCRD 5767494

  • John Somerville

    Investment Advisor RepresentativeCRD 7500504

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

Location

Primary office

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Location

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Headquartered in , null.

Office locations

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth