Bolton Securities Corp (Bolton)

Name: Bolton Securities Corp
Address: 579 Main Street, Bolton, MA, 01740
Telephone: 978-779-6947

Bolton Securities Corp is a large advisory firm based in Bolton. It manages $2.1 billion of regulatory assets for 3,916 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Arizona, California, Colorado, and 34 other states.

Bolton Securities Corp provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Bolton Securities Corp: assets under management

The assets under management (AUM) of Bolton Securities Corp is $2.1 billion. The firm's AUM has grown by 3085% since the beginning of its operation, and $377.26 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.13 billion in discretionary accounts and $962.74 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $391.18 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $943.86 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 33% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 33% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bolton Securities Corp for their services and products based on a percentage of assets under management, hourly charges, fixed fees, commissions, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bolton Securities Corp serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, banking or thrift institutions, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Bolton Securities Corp is high net worth individuals with 1,028 clients and $792.68 million of assets under management. Among the 11 most similar advisory firms, Bolton Securities Corp has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $2.1 billion for 3,682 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 18% of the firm’s clients are foreign persons or businesses.

Bolton Securities Corp doesn't advise any private funds.

Careers at Bolton Securities Corp

The company employs 95 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. 95 employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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
Inc. Bolton Financial Group	Shareholder	1 Jul 1999	75% - 100%	04-3478405
Eugene Francis Jr Hayes	Cfo & finop	1 Jul 1999	Other	2348484
Eugene Francis Hayes	Treasurer	1 Jul 1999	Other	2348484
Martha Jean Moore	Compliance officer(bd)	1 Aug 2002	Other	3140567
Gerald Harlan Powers	Chief compliance officer	1 Dec 2003	Other	366898
Philippe Benjamin Grenier	Vice president of trading	1 Jan 2004	Other	4594636
Voting Trust Bolton Financial Group Inc.	Voting trust	1 Jan 2004	75% - 100%	04-3478405
Scott Paul Aubbey	General counsel & aml officer	1 Oct 2007	Other	xxx-xx-xxxx
Daphne Jane Mahle	Chief compliance officer(ia)	1 Jan 2008	Other	4367277
Daphne Jane Mahle	Chief compliance officer	1 Feb 2008	Other	4367277
Steven Christopher Preskenis	President & chief compliance officer	1 Jan 2009	Other	4410822

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mary Louise Grenier	Beneficial owner	1 Jul 1999	75% - 100%	xxx-xx-xxxx
Raymond Louis Jr Grenier	Spouse of beneficial owner	1 Jul 1999	Other	1404159
Inc. Voting Trust Bolton Financial Group	Voting trust	1 Jan 2004	Other	04-3478405
Raymond Louis Grenier	Spouse of shareholder	1 Jan 2006	75% - 100%	1404159

Based in Bolton

The principal office where Bolton Securities Corp performs its advisory services is located at 579 Main Street, Bolton, MA 01740, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 978-779-6947. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at boltonsecurities.com.