Athena Capital Advisors LLC is a large advisory firm based in Lincoln. It manages $5.82 billion of regulatory assets for 429 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California, Massachusetts, and New York.
Athena Capital Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and private placement management. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Athena Capital Advisors LLC is $5.82 billion. The firm's AUM has grown by 117% 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 Athena Capital Advisors 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.
The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of David Stephen Lynch is high net worth individuals with 36 clients and $4.75 billion of assets under management. Among the 9 most similar advisory firms, Athena Capital Advisors has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $5.28 billion for 44 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.
Athena Capital Advisors also advises several private funds. Namely, one hedge fund and six other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.
The company employs 50 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 16 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
David Stephen Lynch has been acting as President since 1 Jul 2015. Beth Lehman joined the executive team most recently as the Deputy General Counsel & Chief Compliance Officer.
The principal office where Athena Capital Advisors LLC performs its advisory services is located at 55 Old Bedford Rd, Lincoln, MA 01773, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 781-274-9300 or by fax 781-274-9190. The normal business hours are 8:30 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at athenacapital.com.