Boston Retirement Advisors,LLC (Dedham)

Name: Boston Retirement Advisors,LLC
Address: 858 Washington Street, Dedham, MA, 02026
Telephone: 617-209-2224

Boston Retirement Advisors,LLC is a related adviser based in Dedham. It manages $102.44 million of regulatory assets for 618 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Connecticut, Florida, Hawaii, and 5 other states.

Boston Retirement Advisors provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Boston Retirement Advisors: assets under management

The assets under management (AUM) of Boston Retirement Advisors,LLC is $102.44 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 215% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $102.44 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $165.76 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 72% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 22% of the firm’s portfolio. Investments in investment and business development companies form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Boston Retirement Advisors,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 Retirement Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Boston Retirement Advisors is high net worth individuals with 52 clients and $81.5 million of assets under management. Among the 8 most similar advisory firms, Boston Retirement Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $102.44 million for 618 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 Retirement Advisors doesn't advise any private funds.

Careers at Boston Retirement Advisors,LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 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
Paul Ralph Pignone	Manager	1 Jun 1996	Other	871069
Llc Seo Advisors	Member/owner	1 Oct 2015	50% - 75%	47-5379376
Llc Beck Bode Wealth Management	Member/owner	1 Dec 2015	50% - 75%	46-2038516
James Bode	Manager	1 Dec 2015	Other	4723885
Benjamin W Beck	Manager/ chief compliance officer	1 Dec 2015	Other	4910104
Daniel Stephen Kline	Chief operating officer	1 Jan 2018	Other	6929059

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James Bode	Member and manager	1 Feb 2013	50% - 75%	4723885
Benjamin W Beck	Member and manager	1 Feb 2013	50% - 75%	4910104
Paul Ralph Pignone	Trustee	1 Oct 2015	Other	871069
Paul R. Pignone Revocable Trust	Member	1 Oct 2016	75% - 100%	xxx-xx-xxxx
Paul Ralph Pignone	Manager	1 Oct 2016	Other	871069

Based in Dedham

The principal office where Boston Retirement Advisors,LLC performs its advisory services is located at 858 Washington Street, Dedham, MA 02026, which is also the mailing address of the firm. An additional office of the firm is in Guilford, CT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-209-2224 or by fax 866-557-0155. The normal business hours are 8am - 6pm on Monday - Friday. You can find more information about the New York firm at bostonra.com.