Weston Financial Group Inc is a large advisory firm based in Wellesley. It manages $1.76 billion of regulatory assets for 2,731 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, District of Columbia, and 17 other states.
Weston Financial Group provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and asset allocation and monitoring services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Weston Financial Group Inc is $1.76 billion. The firm's AUM has grown by 89% since the beginning of its operation, and $134.87 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Weston Financial Group Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Ronald Stephen Ohsberg is high net worth individuals with 510 clients and $1.63 billion of assets under management. Among the 13 most similar advisory firms, Weston Financial Group has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.76 billion for 766 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.
Weston Financial Group doesn't advise any private funds.
The company employs 21 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 10 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Ronald Stephen Ohsberg has been acting as President since 1 Jan 2018. Ronald Anthony Sugameli joined the executive team most recently as the Principal Financial Counselor, Chief Investment Officer.
The principal office where Weston Financial Group Inc performs its advisory services is located at 100 William St, Wellesley, MA 02481, 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 781-235-7055 or by fax 781-235-1905. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at westonfinancial.net.