Boston Standard Wealth Management, LLC (Winchester)

Name: Boston Standard Wealth Management, LLC
Address: 31 Church St. #3, Winchester, MA, 01890
Telephone: (781) 721-0072

Boston Standard Wealth Management, LLC is a large advisory firm based in Winchester. It manages $192.14 million of regulatory assets for 1,580 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Florida, Maine, and 5 other states.

Boston Standard Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Boston Standard Wealth Management: assets under management

The assets under management (AUM) of Boston Standard Wealth Management, LLC is $192.14 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 216% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $192.14 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $121.61 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 92% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio. Investments in government bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Boston Standard Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Boston Standard Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Boston Standard Wealth Management is individuals with 366 clients and $114.44 million of assets under management. Among the 10 most similar advisory firms, Boston Standard Wealth Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $191.34 million for 405 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.

Boston Standard Wealth Management doesn't advise any private funds.

Careers at Boston Standard Wealth Management, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 3 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
Lee Graham Eudy	Principal and wealth manager	1 Jun 2011	25% - 50%	4673674
Robert Walter Tafuri	Principal and wealth manager	1 Jun 2011	25% - 50%	4656056
Zachary Conover Bouchard	Managing partner and chief compliance officer	1 Jun 2011	25% - 50%	4656054
Zachary Conover Bouchard	Chief compliance officer	1 Jul 2011	Other	4656054
Llc Robert W Tafuri Consulting	Managing member	1 Sep 2011	25% - 50%	45-2798444
Llc Zachary C Bouchard Consulting	Managing member	1 Sep 2011	25% - 50%	45-2798793
Llc Lee G Eudy Planning	Managing member	1 Sep 2011	25% - 50%	45-2799000

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Walter Tafuri	Managing member	1 Jul 2011	75% - 100%	4656056
Lee Graham Eudy	Managing member	1 Jul 2011	75% - 100%	4673674

Based in Winchester

The principal office where Boston Standard Wealth Management, LLC performs its advisory services is located at 31 Church St. #3, Winchester, MA 01890, which is also the mailing address of the firm. An additional office of the firm is in Cumberland, ME. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (781) 721-0072 or by fax (781) 721-0086. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at bostonstandardwealth.com.