Gage Wiley Group Inc (Northampton)


Gage Wiley Group Inc is a large advisory firm based in Northampton. It manages $314.48 million of regulatory assets for 380 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Massachusetts.

Gage Wiley Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Gage Wiley Group: assets under management

The assets under management (AUM) of Gage Wiley Group Inc is $314.48 million. The firm's AUM has grown by 345% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $293.48 million in discretionary accounts and $21 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.07 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $200 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 79% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 12% of the firm’s portfolio. Investments in investment grade corporate bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gage Wiley Group Inc 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.

What kind of clients Gage Wiley Group serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Gage Wiley Group is high net worth individuals with 134 clients and $267.03 million of assets under management. Among the 10 most similar advisory firms, Gage Wiley Group has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $314.48 million for 380 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Gage Wiley Group doesn't advise any private funds.

Careers at Gage Wiley Group Inc

The company employs 12 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 6 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Christopher Booth Milne President, ceo/cco 1 Dec 1988 75% - 100% 1048081
Christopher Booth Milne Chief compliance officer 1 Oct 2004 75% - 100% 1048081
Adam Ryan Mckenrick Kelly Chief compliance officer 1 Jan 2012 Other 2817784

Based in Northampton

The principal office where Gage Wiley Group Inc performs its advisory services is located at 120 King Street, Northampton, MA 01060 The mailing address of the firm is 120 King Street, Northampton, MA 01060. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 413-584-9121 or by fax 413-585-5748. The normal business hours are 8-5 on Monday - Friday. You can find more information about the New York firm at gagewiley.com/asset-management/.