Liberty Advisory Services Corp (Boston)


Liberty Advisory Services Corp is a large advisory firm based in Boston. It manages $606.72 million of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2001.

Liberty Advisory Services Corp provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Liberty Advisory Services Corp: assets under management

The assets under management (AUM) of Liberty Advisory Services Corp is $606.72 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -31% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $606.72 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $37.92 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Liberty Advisory Services Corp 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 Liberty Advisory Services Corp

Roger Sayler has been acting as President since 1 Nov 2001. Martha Ellen Fox joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Keyport Life Insurance Company Sole shareholder of liberty advisory services corp. 1 Jan 1993 75% - 100% 05-0302931
James Joseph Klopper Vp, secretary 1 Mar 1995 Other 1032044
Jeffery Jay Whitehead Vp, treasurer 1 May 1995 Other 2594109
Daniel Conant Bryant Vp 1 Jan 1998 Other 3026712
Stewart Richard Morrison Sr vp, cio, director 1 Dec 1998 Other 4361603
Philip Konrad Polkinghorn President, director 1 Jun 1999 Other 4361585
Liberty Funds Group Llc Sole shareholder of liberty advisory services corp. 1 Nov 2001 75% - 100% 00-0000000
Keith Banks President, director and chief investment officer 1 Nov 2001 Other 2460880
Roger Sayler Director 1 Nov 2001 Other 1920994
Joseph Robert Palombo Chief operating officer and director 1 Nov 2001 Other 2543562
Linda Begley Chief compliance officer 1 Nov 2001 Other 2346275
Philip John Iudice Treasurer and chief financial officer 1 Nov 2001 Other 2036589
Jean Susan Loewenberg Clerk and chief legal officer 1 Nov 2001 Other 1811391
Keith Thomas Banks President, ceo, director, chief investment officer and chairman 1 Nov 2001 Other 2460880
Roger A Sayler Director, executive vice president 1 Nov 2001 Other 1920994
Martha Ellen Fox Chief compliance officer 1 Jan 2003 Other 1647590

Indirect Owners

The SEC currently registers 11 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. Liberty Financial Companies Sole shareholder of keyport life insurance company 1 Jan 1991 75% - 100% 04-3260640
Inc. Liberty Financial Companies Sole shareholder of keyport life insurance company 1 Jan 1993 75% - 100% 04-3260640
Liberty Mutual Equity Corporation Direct parent of lfc holdings, inc. 1 Jan 1993 75% - 100% 04-3119508
Liberty Mutual Insurance Company Direct parent of liberty mutual equity corporation 1 Jan 1993 75% - 100% 04-1543470
Inc. Lfc Holdings Direct parent of liberty corporate holdings, inc. 1 Mar 1995 75% - 100% 04-3119501
Inc. Liberty Corporate Holdings Direct parent of lfc management corporation 1 Sep 1998 75% - 100% 04-3401639
Lfc Management Corporation Majority shareholder of liberty financial companies, inc. 1 Nov 1998 50% - 75% 04-3441689
Fleetboston Financial Corporation Sole shareholder of fleet national bank 1 Oct 1999 75% - 100% 05-0341324
Fleet National Bank Sole shareholder of fleet/liberty holdings, inc. 1 Nov 2001 75% - 100% 04-2472499
Inc. Fleet/Liberty Holdings Sole member of liberty funds group llc 1 Nov 2001 75% - 100% 00-0000000
Inc. Columbia Management Group Sole member of liberty funds group llc 1 Nov 2001 75% - 100% 01-0547933

Based in Boston

The principal office where Liberty Advisory Services Corp performs its advisory services is located at One Financial Center, Boston, MA 02111, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 800-426-3750 or by fax 617-345-0919. The normal business hours are 8:30 a.m. to 5:30 p.m. on Monday - Friday.