J.P. Marvel Investment Advisors, Inc. is a large advisory firm based in Boston. It manages $352.96 million of regulatory assets for 53 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Florida, Massachusetts, and Texas.
J.P. Marvel Investment Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of J.P. Marvel Investment Advisors, Inc. is $352.96 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 47% 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 J.P. Marvel Investment Advisors, Inc. for their services and products based on a percentage of assets under management 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.
The only and largest group of clients of Joseph Francis Patton is high net worth individuals with 52 clients and $352.71 million of assets under management. Among the 7 most similar advisory firms, J.P. Marvel Investment Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $352.71 million for 52 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.
J.P. Marvel Investment Advisors doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
Joseph Francis Patton has been acting as President since 1 May 2007. Joan Helen Patton joined the executive team most recently as the Secretary.
The principal office where J.P. Marvel Investment Advisors, Inc. performs its advisory services is located at 265 Franklin Street, Boston, MA 02110, which is also the mailing address of the firm. An additional office of the firm is in Palm Beach, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 617-342-5600 or by fax 617-342-5601. 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 jpmarvel.com.