Weybosset Research & Management LLC (Providence)

Name: Weybosset Research & Management LLC
Address: 72 South Main Street, Providence, RI, 02903
Telephone: 401-421-7171

Weybosset Research & Management LLC is a large advisory firm based in Providence. It manages $174.5 million of regulatory assets for 345 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Massachusetts, New Hampshire, and 3 other states.

Weybosset Research & Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Weybosset Research & Management: assets under management

The assets under management (AUM) of Weybosset Research & Management LLC is $174.5 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 114% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $174.5 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $505.8 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio. Investments in state and local bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Weybosset Research & Management LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Weybosset Research & Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Weybosset Research & Management is high net worth individuals with 36 clients and $101.1 million of assets under management. Among the 12 most similar advisory firms, Weybosset Research & Management has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $167.21 million for 202 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.

Weybosset Research & Management doesn't advise any private funds.

Careers at Weybosset Research & Management LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Fla Lewis	Member/chief compliance officer	1 Jan 2000	75% - 100%	4341398

Based in Providence

The principal office where Weybosset Research & Management LLC performs its advisory services is located at 72 South Main Street, Providence, RI 02903, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 401-421-7171 or by fax 401-421-7117. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at weybosset.com.