The Colony Group, LLC
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Learn more about The Colony Group, LLC
Overview
The Colony Group, LLC is located at One Boston Place, 11th Floor, Boston, MA. The firm employs 315 financial advisors to manage client portfolios and provide financial guidance. The Colony Group, LLC is not a registered broker-dealer.
The Colony Group, LLC oversees $21.5 billion in assets under management across 20,909 accounts, of which 18,703 are discretionary and 2,206 are non-discretionary. Over the past year, the firm has provided financial planning services to 2,500 clients. The services offered include financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients, pension consulting services, selection of other advisers, publication of newsletters, educational seminars, and other services. The firm caters to retail investors, high net worth investors, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, other investment advisers, and corporations, with high net worth investors being the largest client type by accounts. The fee structure at The Colony Group, LLC includes asset-based, hourly, fixed, and other fees. The firm has 4,079 high net worth clients and maintains affiliations with a broker-dealer or securities dealer, an insurance company or agency, a pension consultant, and a commodity pool advisor.
The Colony Group, LLC is registered in the states of Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
Assets Under Management
Number of Advisors
Disclosures
Office Location
The Colony Group, LLC by the Numbers
$21.5 billion
549
20,909
$1.0 million
Products and Services
The Colony Group, LLC offers a variety of financial services, which can include financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for institutional clients, pension consulting services, selection of other advisers, publication of newsletters, educational seminars, and other services. In the past financial year, The Colony Group, LLC provided financial planning services to 2500 of its customers. The Company does sell products or offer services different than investment advisory services to its customers.
Core Advisor Services
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Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
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Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
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Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
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Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
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Offered by 3% of firms
Publication of Periodicals
This is the publication of various financial education materials.
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Offered by 6% of firms
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Fees for financial management largely vary depending on the type of services offered. Fees charged by The Colony Group, LLC most likely include any combination of the following fee types: asset-based, hourly, fixed, or other.
Available
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Offered by 69% of firms
Percentage of Assets
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Offered by 21% of firms
Hourly
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Offered by 32% of firms
Fixed
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Offered by 10% of firms
Other
Unavailable
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Find one of the 1% of firms that offer this fee type
Commissions
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Find one of the 26% of firms that offer this fee type
Performance-based
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Find one of the 0% of firms that offer this fee type
Subscription
Types of Clients
The company works with a number of different clients. The firm provides services to retail investors, high net worth investors, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, other investment advisers, and corporations. Out of its 8 clients, The Colony Group, LLC's largest client type by number of accounts is high net worth investors, but it also serves 4079 high-net-worth individuals. A high-net-worth individual is defined by the SEC as a person who has at least $750,000 under management or a net worth of at least $1,50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments).
- High-Net-Worth Individuals* - 73.06%
- Other Individuals - 23.3%
- Corporations - 2.78%
- Charitable Organizations - 0.86%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Disclosures
The Colony Group, LLC does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at The Colony Group, LLC
Greenwich, CT
Boca Raton, FL
Bethesda, MD
New York, NY
Babylon, NY
Boston, MA
Babylon, NY
Boston, MA
Bethesda, MD
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