New England Research & Management, Inc. (Chicago)

Name: New England Research & Management, Inc.
Address: 53 West Jackson Blvd, Chicago, IL, 60604
Telephone: 312-212-1704

New England Research & Management, Inc. is a large advisory firm based in Chicago. It manages $201.37 million of regulatory assets for 309 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Illinois, Louisiana, and 4 other states.

New England Research & Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

New England Research & Management: assets under management

The assets under management (AUM) of New England Research & Management, Inc. is $201.37 million. The firm's AUM has grown by 105% since the beginning of its operation, and $24.91 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $196.98 million in discretionary accounts and $4.39 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $641.63 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.19 million.

New England Research & Management has custody of $182.27 million in cash and securities for 148 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 78% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio. Investments in government bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay New England Research & Management, Inc. 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.

What kind of clients Lee Robinson Forker serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Lee Robinson Forker is high net worth individuals with 50 clients and $160.1 million of assets under management. Among the 10 most similar advisory firms, New England Research & Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $200.32 million for 156 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

New England Research & Management doesn't advise any private funds.

Careers at New England Research & Management, Inc.

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Lee Robinson Forker has been acting as President since 1 Aug 1978. Marguerite Mary Collins joined the executive team most recently as the President And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lee Robinson Forker	President	1 Aug 1978	50% - 75%	211245
Marguerite Mary Collins	President and chief compliance officer	1 Oct 1990	75% - 100%	1808101
Marguerite Mary Mcmullen	Executive vice president	1 Oct 1990	25% - 50%	1808101

Based in Chicago

The principal office where New England Research & Management, Inc. performs its advisory services is located at 53 West Jackson Blvd, Chicago, IL 60604, 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 312-212-1704 or by fax 312-212-1706. The normal business hours are 7:00am - 4:00pm on Monday - Friday. You can find more information about the New York firm at nerminc.com.