Block Capital Management is a large advisory firm based in Ellsworth. It manages $179.12 million of regulatory assets for 720 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Maine, Massachusetts, and Vermont.
Block Capital Management provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. 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 Block Capital Management is $179.12 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -48% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Block Capital Management 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.
The principal office where Block Capital Management performs its advisory services is located at 135 High Street, Ellsworth, ME 04605, 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 207-667-6254 or by fax 207-667-6641. The normal business hours are 8:00 am -5:00 pm on Monday - Friday.