Cabot Wellington LLC (Boston)


Cabot Wellington LLC is a large advisory firm based in Boston. It manages $864.42 million of regulatory assets for 197 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Massachusetts and New York.

Cabot Wellington provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, selection of other advisers, and fiduciary services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cabot Wellington: assets under management

The assets under management (AUM) of Cabot Wellington LLC is $864.42 million. The firm's AUM has grown by 163% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $860.59 million in discretionary accounts and $3.83 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.65 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $319.39 thousand.
Cabot Wellington has custody of $864.42 million in cash and securities for 79 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cabot Wellington LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Cabot Wellington LLC

Sophie Cabot Black has been acting as President since 1 Nov 2010. Richard Angus West has served as the Chief Investment Officer since 1 Jan 2002. John Maxwell Reynolds joined the executive team most recently as the Interim Executive Director And Cco.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Linda Cabot Black Member 1 Aug 1996 Other 4380317
Louis Wellington Cabot Member 1 Aug 1996 Other 4380323
Robert Moors Cabot Member 1 Aug 1996 Other 4380325
Thomas Dudley Cabot Member 1 Aug 1996 Other 4380326
Edmund Billings Cabot Member 1 Aug 1996 Other 4380334
Louis Wellington Cabot Director 1 Oct 1996 Other 4380323
Thomas Dudley Cabot Director 1 Oct 1996 Other 4380326
Linda Cabot Black Director 1 Oct 1996 Other 4380317
Edmund Billings Cabot Director 1 Oct 1996 Other 4380334
George Kurtz Bird Executive director 1 Jul 2000 Other 4380328
Norton Sloan Acting manager 1 Jul 2001 Other 2813115
Richard Angus West Chief investment officer 1 Jan 2002 Other 1789569
Richard Angus West Executive director and chief compliance officer 1 Jul 2006 Other 1789569
Cabot Wellington Trust Member 1 Nov 2006 75% - 100% 04-7024180
James Wellington Cabot Management committee member 1 Dec 2007 Other 5489705
James Wellington Cabot Director / member of management committee 1 Jun 2008 Other 5489705
Thomas Dudley Cabot Management committee member 1 Jun 2008 Other 4380326
Sophie Cabot Black Director 1 Nov 2010 Other 5489716
Amanda Chilton Cabot Director 1 Nov 2010 Other 5489724
Laura Cabot Carrigan Director / member of management committee 1 Nov 2010 Other 5489708
Virginia Wellington Cabot Director 1 Nov 2010 75% - 100% 5489720
John Maxwell Reynolds Interim executive director and cco 1 Feb 2015 Other 2424551

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Laura Cabot Carrigan Trustee 1 Nov 2006 Other 5489708
Sophie Cabot Black Trustee 1 Nov 2006 Other 5489716
Virginia Wellington Cabot Trustee 1 Nov 2006 Other 5489720
Amanda Chilton Cabot Trustee 1 Nov 2006 Other 5489724

Based in Boston

The principal office where Cabot Wellington LLC performs its advisory services is located at 70 Federal Street, Boston, MA 02110, 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 617-451-1744 or by fax 617-451-1733. The normal business hours are 9 a.m.-5p.m. on Monday - Friday. You can find more information about the New York firm at cabwel.com.