Charter Oak Capital Management, LLC is a large advisory firm based in Portsmouth. It manages $559.1 million of regulatory assets for 3,214 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Connecticut, Florida, and 12 other states.
Charter Oak Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and educational seminars and workshops. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Charter Oak Capital Management, LLC is $559.1 million. The firm's AUM has grown by 198% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Charter Oak Capital Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Charter Oak Capital Management is individuals with 970 clients and $283.93 million of assets under management. Among the 6 most similar advisory firms, Charter Oak Capital Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $559.1 million for 1,125 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Charter Oak Capital Management doesn't advise any private funds.
The company employs 17 people that are either part- or full-time employees. 59 percent of the employees work as investment advisers or researchers. 10 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Charter Oak Capital Management, LLC performs its advisory services is located at Two International Drive, Portsmouth, NH 03801, which is also the mailing address of the firm. An additional office of the firm is in Portland, ME. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 800-646-5720 or by fax 866-289-0903. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at charteroakcm.com.