Maple Grove Advisors, LLC (Concord)


Maple Grove Advisors, LLC is a large advisory firm based in Concord. It manages $229 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Massachusetts.

Maple Grove Advisors provides provides advisory services to a high net worth individual. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Maple Grove Advisors: assets under management

The assets under management (AUM) of Maple Grove Advisors, LLC is $229 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 127% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $229 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $229 million each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Maple Grove Advisors, LLC for their services and products based on 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 Maple Grove Advisors serves?

The only and largest group of clients of Maple Grove Advisors is high net worth individuals with 1 clients and $229 million of assets under management. Among the 10 most similar advisory firms, Maple Grove Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $229 million for 1 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.

Maple Grove Advisors doesn't advise any private funds.

Careers at Maple Grove Advisors, LLC

The company employs 1 person that is either a part- or full-time employee. 100 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
John Michael Muresianu Managing member; chief executive officer; chief compliance officer 1 Jan 2013 75% - 100% 6251192

Based in Concord

The principal office where Maple Grove Advisors, LLC performs its advisory services is located at 268 Barretts Mill Road, Concord, MA 01742, 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 978-371-2925 or by fax 978-371-2925. The normal business hours are 9am - 5pm et on Monday - Friday.