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Tonge Investment Services (Waterville)


Tonge Investment Services is an adviser based in Waterville. It manages $28 million of regulatory assets for 140 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Maine and New Hampshire.

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

Tonge Investment Services: assets under management

The assets under management (AUM) of Tonge Investment Services is $28 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -20% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $28 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $200 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tonge Investment Services for their services and products based on a percentage of assets under management and hourly charges. 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.

Based in Waterville

The principal office where Tonge Investment Services performs its advisory services is located at 22 Common Street, Waterville, ME 04901, 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 207-877-7762 or by fax 207-877-7868. The normal business hours are 9-12 on Monday - Friday. You can find more information about the New York firm at www.ricktonge.com.


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