Nutter Investment Advisors Limited Partnership (Boston)

Name: Nutter Investment Advisors Limited Partnership
Address: Seaport West, 155 Seaport Boulevard, Boston, MA, 02210 2604
Telephone: 617-439-2100

Nutter Investment Advisors Limited Partnership is a large advisory firm based in Boston. It manages $1.42 billion of regulatory assets for 32 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Massachusetts, New Hampshire, and Texas.

Nutter Investment Advisors Limited Partnership 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.

Nutter Investment Advisors Limited Partnership: assets under management

The assets under management (AUM) of Nutter Investment Advisors Limited Partnership is $1.42 billion. The firm's AUM has grown by 20% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $74.37 million in discretionary accounts and $1.34 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.4 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.34 billion.

Nutter Investment Advisors Limited Partnership has custody of $38.93 million in cash and securities for 20 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 58% of the total AUM. The second-largest asset type is investment and business development companies, which make up 16% of the firm’s portfolio. Investments in state and local bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Nutter Investment Advisors Limited Partnership for their services and products based on a percentage of assets under management 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 Nutter Investment Advisors Limited Partnership serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Nutter Investment Advisors Limited Partnership is corporations or other businesses with 1 clients and $1.34 billion of assets under management. Among the 10 most similar advisory firms, Nutter Investment Advisors Limited Partnership has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $1.42 billion for 32 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.

Nutter Investment Advisors Limited Partnership doesn't advise any private funds.

Careers at Nutter Investment Advisors Limited Partnership

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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 don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mcclennen & Fish Llp Nutter	Limited partner and member of gp	1 Sep 1988	75% - 100%	04-2106505
Edward Barnes Maynard Abbott	General partner	1 Sep 1988	Other	4346419
Thomas Peter Jalkut	General partner	1 Jun 1989	Other	4346432
Jeremy Lawrence Smith	General partner	1 Mar 1995	Other	716576
Jeanne Manus Deborah	General partner	1 Nov 1996	Other	4346436
Deborah Jeanne Manus	General partner	1 Nov 1996	Other	4346436
Llc Nia Partners	General partner	1 Mar 2002	Other	33-0993277
Edward Barnes Maynard Abbott	Manager and member of gp and chief compliance officer	1 Apr 2002	Other	4346419
Thomas Peter Jalkut	Manager of gp	1 Apr 2002	Other	4346432
Deborah Jeanne Manus	Manager of gp	1 Apr 2002	Other	4346436
Llc Nia Partners	General partner	1 Apr 2002	Other	33-0993277
Richard Alfred Sipley	President and chief executive officer and manager of gp	1 Jun 2019	Other	2626222
James Colin Bacon	Chief compliance officer	1 Jul 2019	Other	6312960

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mcclennen & Fish Llp Nutter	Member	1 Apr 2002	50% - 75%	04-2106505
Jeremy Lawrence Smith	Manager and member	1 Apr 2002	25% - 50%	716576
Claude Edward Dinaro	Manager	1 Jan 2013	Other	1239689

Based in Boston

The principal office where Nutter Investment Advisors Limited Partnership performs its advisory services is located at Seaport West, 155 Seaport Boulevard, Boston, MA 02210 2604, 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 617-439-2100 or by fax 617-310-9000. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at nutter.com/investment/unigc.aspx?xpst=investmentadvisors.