Upromise Investment Advisors, LLC is a large advisory firm based in Newton. It manages $19.67 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Arkansas, Colorado, Connecticut, and 14 other states.
Upromise Investment Advisors provides portfolio mgmt including review of allocations, & selection of underlying funds for qualified tuition programs (529 plans). It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Upromise Investment Advisors, LLC is $19.67 billion. The firm's AUM has grown by 185% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Upromise Investment Advisors, LLC for their services and products based on a percentage of assets under management. 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.
James John Fadule has been acting as President since 1 Aug 2002. Inc. Ascensus joined the executive team most recently as the 100% Shareholder.
The principal office where Upromise Investment Advisors, LLC performs its advisory services is located at 95 Wells Avenue, Newton, MA 02459, which is also the mailing address of the firm. An additional office of the firm is in Kansas City, MO. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 617-454-6400 or by fax 617-454-6353. The normal business hours are 8:00am - 5:00pm on Monday - Friday.