Mayo Investment Advisers LLC (Boston)

Name: Mayo Investment Advisers LLC
Address: 30 Rowes Wharf,Suite 500, Boston, MA, 02110
Telephone: 617-897-5800

Mayo Investment Advisers LLC is a large advisory firm based in Boston. It manages $142.21 million of regulatory assets for 27 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Massachusetts.

Mayo Investment Advisers provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mayo Investment Advisers: assets under management

The assets under management (AUM) of Mayo Investment Advisers LLC is $142.21 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -65% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $142.21 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.27 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mayo Investment Advisers LLC for their services and products based on a percentage of assets under management. 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 Mayo Investment Advisers LLC

The company employs 13 people that are either part- or full-time employees. 54 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.

Peter R Blum has been acting as President since 1 Nov 2001. Timothy E Quinlisk joined the executive team most recently as the Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Peter R Blum	President	1 Nov 2001	Other	831540
Mayo Capital Partners Llc	Direct entity	1 Nov 2001	75% - 100%	04-3582789
Charles E. Curtis	Cfo/ chief compliance officer	1 Mar 2002	Other	4523925
Jason T Abelowitz	Chief compliance officer/cfo	1 Aug 2015	Other	6554579
Peter R Blum	Managing director	1 Feb 2017	Other	831540
Timothy E Quinlisk	Managing director	1 Feb 2017	Other	3075500
William Rogers Barton	Managing director	1 Feb 2017	Other	2532107

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Richard Arthur Mayo	Member	1 Nov 2001	25% - 50%	4339171

Based in Boston

The principal office where Mayo Investment Advisers LLC performs its advisory services is located at 30 Rowes Wharf,Suite 500, 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 617-897-5800 or by fax 617-897-5801. 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 mayocapital.com.