WELLESLEY ASSET MANAGEMENT, INC.

RIASEC RegisteredEst. 2002

Total AUM

$2B

Discretionary

$2B

100% of AUM

Avg account

$1M

Accounts

1,956

Employees

Advisory reps

Firm details

Headquarters: PORTSMOUTH, New Hampshire
CRD number: 116176
Registered since: June 27, 2002
Website: www.wellesleyassetmanagement.com
Custodians: CHARLES SCHWAB & CO., INC., UBS FINANCIAL SERVICES INC., FIDELITY DISTRIBUTORS COMPANY LLC, WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Investment Companies39.2%
HNWI24.46%
Individuals19.78%
Pooled Investment Vehicles6.92%
Pension & Profit Sharing Plans6.35%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Wellesley Asset Management, Inc. is a corporation operating as a hedge fund manager and SEC-registered investment adviser since 2002. The firm serves both individual and family clients as well as institutional investors and offers portfolio management across individual accounts, investment companies, pooled vehicles and business/institutional accounts. Its fee schedule includes both a percentage-of-AUM charge and performance-based fees. Wellesley is not described as an active ESG investor and is not structured as a multi-state or related adviser in its filings. The firm has received industry recognition, including listings in FA Magazine’s Top RIA Firms (2020) and Forbes’ America’s/Top RIA Firms lists (2023, 2024).