Colrain Capital LLC (Boston)

Name: Colrain Capital LLC
Address: 21 Custom House Street, Boston, MA, 02110
Telephone: 617-897-5800

Colrain Capital LLC is a large advisory firm based in Boston. It manages $90.52 million of regulatory assets for 19 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Massachusetts.

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

Colrain Capital: assets under management

The assets under management (AUM) of Colrain Capital LLC is $90.52 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -37% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $90.52 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.76 million each.

Investments

The firm invests in exchange traded securities the most. They account for 93% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Colrain Capital LLC 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.

What kind of clients Colrain Capital serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Colrain Capital is high net worth individuals with 15 clients and $62.98 million of assets under management. Among the 10 most similar advisory firms, Colrain Capital has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $71.97 million for 18 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.

Colrain Capital doesn't advise any private funds.

Careers at Colrain Capital LLC

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. No 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
Jason T Abelowitz	Chief compliance officer/cfo	1 Aug 2015	Other	6554579
Tara Janell Rosa	Director of operations	1 Aug 2015	Other	5773107
Peter R Blum	Managing director	1 Feb 2017	Other	831540
Timothy E Quinlisk	Managing director	1 Feb 2017	Other	3075500
William Rogers Barton	Managing director	1 Feb 2017	Other	2532107
Tara Janell Rosa	Cco	1 Jul 2018	Other	5773107

Based in Boston

The principal office where Colrain Capital LLC performs its advisory services is located at 21 Custom House Street, Boston, MA 02110, 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 617-897-5800 or by fax 617-897-5801. The normal business hours are 8:30 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at colraincapital.com.