Equity Resource Investments, LLC

CRD#161186
Investment Advisor Firm

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Learn more about Equity Resource Investments, LLC

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Equity Resource Investments, LLC is a financial advisor firm that has its headquarters in Cambridge, Massachusetts. It has $1.4 billion in assets under management throughout 106 customer accounts, placing it among the largest firms in the United States by assets under management (AUM). The firm has a small team, including 20 financial advisors. Equity Resource Investments, LLC does not act as a registered broker-dealer, meaning the company is not able to buy and sell securities for its own accounts as well as its customers' and instead is required to go through a broker-dealer company to do so. Securities are defined as exchangable fiscal assets such as bonds, equities and options.

    Equity Resource Investments, LLC administers all of the firm's accounts on a discretionary basis. Discretionary management is a structure in which buy and sell choices are made by an investment advisor without needing to seek client authorization. The advisory firm's typical account size is $13.1 million. The typical advisor at Equity Resource Investments, LLC oversees about five client accounts, placing it among the more personalized firms in the country.

    The company's central office is at 1280 Massachusetts Ave, Cambridge, Massachusetts 2138. It is legally permitted to serve customers in the state of Massachusetts.

    Assets Under Management

    $1.4 billion

    Number of Advisors

    20

    Disclosures

    No

    Office Location

    1280 Massachusetts Ave
    Cambridge, MA 02138

    Equity Resource Investments, LLC by the Numbers

    Total Assets Under Management

    $1.4 billion

    National Average: $8.6 billion
    Total Number of Employees

    23

    National Average: 64
    Total Number of Accounts

    106

    National Average: 375,227
    Average Account Size

    $13.1 million

    National Average: $23.0 thousand
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    Fee Structure

    Financial management fees usually vary depending on the financial services provided. Fee types charged by the company may include any blend of the following fee types: performance-based or other. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

    Available

    • Offered by 26% of firms

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Offered by 10% of firms

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

    Unavailable

    • Find one of the 69% of firms that offer this fee type

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    Back to Overview

    Types of Clients

    The firm provides services to pooled investment vehicles. Out of its 106 clients, Equity Resource Investments, LLC's biggest client type by number of accounts is pooled investment vehicles. None of the company's clients are represented by people from outside of the U.S.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 100%
    • Charitable Organizations - 0%

    * 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

    Equity Resource Investments, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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