Foster Dykema Cabot & Partners, LLC (Boston)

Name: Foster Dykema Cabot & Partners, LLC
Address: 101 Arch Street 8 Th Floor, Boston, MA, 02110 1130
Telephone: 617-423-3900

Foster Dykema Cabot & Partners, LLC is a large advisory firm based in Boston. It manages $1.42 billion of regulatory assets for 615 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California, Massachusetts, New Hampshire, and 4 other states.

Foster Dykema Cabot & Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and credit and cash management solutions. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as credit and cash management solutions.

Foster Dykema Cabot & Partners: assets under management

The assets under management (AUM) of Foster Dykema Cabot & Partners, LLC is $1.42 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and $2.04 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.42 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.31 million each.

Foster Dykema Cabot & Partners has custody of $1.36 billion in cash and securities for 600 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 46% of the total AUM. The second-largest asset type is investment and business development companies, which make up 22% of the firm’s portfolio. Investments in pooled investment vehicles form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Foster Dykema Cabot & Partners, LLC 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 Elizabeth Ann Braudis serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Elizabeth Ann Braudis is high net worth individuals with 510 clients and $1.25 billion of assets under management. Among the 9 most similar advisory firms, Foster Dykema Cabot & Partners has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.42 billion for 609 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.

Foster Dykema Cabot & Partners also advises several private funds. Namely, five private equity funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Foster Dykema Cabot & Partners, LLC

The company employs 14 people that are either part- or full-time employees. 57 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 receive compensation from other entities for client referrals.

Elizabeth Ann Braudis has been acting as President since 1 Jan 2019. Jeffrey Daniel Mcgrew has served as the Chief Investment Officer since 1 Jan 2019. Llc Focus Operating joined the executive team most recently as the Member (Manager).

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Focus Operating	Member (manager)	1 Jan 2019	75% - 100%	20-8161914
Andrew Richardson Knowland	Chief compliance officer	1 Jan 2019	Other	4520013
Jeffrey Daniel Mcgrew	Chief investment officer	1 Jan 2019	Other	2191482
Vikram Nmn Soorma	Vice president	1 Jan 2019	Other	4808831
Elizabeth Ann Braudis	President	1 Jan 2019	Other	4358519
Brooke Lorraine Manfredi	Vice president	1 Jan 2019	Other	6287592
Donnalee Nmn Guerin	Chief operating officer	1 Jan 2019	Other	6459332
Frederick Peter Fisher	Vice president	1 Jan 2019	Other	6927946

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Focus Financial Partners	Member	1 Jan 2007	75% - 100%	16-1728260
Inc. Focus Financial Partners	Member	1 Jul 2018	75% - 100%	47-4780811

Based in Boston

The principal office where Foster Dykema Cabot & Partners, LLC performs its advisory services is located at 101 Arch Street 8 Th Floor, Boston, MA 02110 1130, 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 617-423-3900 or by fax 617-482-4125. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at fdcco.com.