Vestmark Advisory Solutions, Inc

CRD#221518
Investment Advisor Firm

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Learn more about Vestmark Advisory Solutions, Inc

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

    • Overview

    Vestmark Advisory Solutions, Inc is located at 100 Quannapowitt Pkwy, Wakefield, MA. The firm employs 21 financial advisors to manage client portfolios and provide financial guidance. Vestmark Advisory Solutions, Inc is not a registered broker-dealer.

    Vestmark Advisory Solutions, Inc oversees $5.6 billion in assets under management across 19,491 accounts, of which 17,238 are discretionary and 2,253 are non-discretionary. The services offered include portfolio management for individuals and small businesses. The firm caters to retail investors, with retail investors being the largest client type by accounts. The fee structure at Vestmark Advisory Solutions, Inc is asset-based.

    Vestmark Advisory Solutions, Inc is registered in the states of Illinois, Massachusetts, New Jersey, New York, Pennsylvania, and Texas.

    Assets Under Management

    $5.6 billion

    Number of Advisors

    21

    Disclosures

    No

    Office Location

    100 Quannapowitt Pkwy
    Wakefield, MA 01880

    Vestmark Advisory Solutions, Inc by the Numbers

    Total Assets Under Management

    $5.6 billion

    National Average: $8.6 billion
    Total Number of Employees

    27

    National Average: 64
    Total Number of Accounts

    19,491

    National Average: 375,227
    Average Account Size

    $289.2 thousand

    National Average: $23.0 thousand
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    Fee Structure

    A financial advisor's fees usually depend on the type of financial services offered. Fees charged by Vestmark Advisory Solutions, Inc typically consist of the following fee type: asset-based.Wrap fee programs, or the practice of bundling services for a single fee, are offered by Vestmark Advisory Solutions, Inc.

    Available

    • Offered by 69% of firms

      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.

    Unavailable

    • 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 26% of firms that offer this fee type

      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.

    • 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.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

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

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    Types of Clients

    It provides services to retail investors. Vestmark Advisory Solutions, Inc's biggest client type by number of accounts is retail investors.

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

    Vestmark Advisory Solutions, Inc does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Vestmark Advisory Solutions, Inc

    Robert Battista
    Wakefield, MA
    Luke Bruno
    Charlestown, MA
    Corey O'Connor
    Wakefield, MA
    Tristan Benoit
    Wakefield, MA
    Alexander Martland
    Hingham, MA
    Eric Wilcher
    Western Springs, IL
    Tatyana Ryabchenko
    Wakefield, MA

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