Sawyer & Co Inc (Boston)

Name: Sawyer & Co Inc
Address: 50 Congress Street, Boston, MA, 02109
Telephone: 617-227-7033

Sawyer & Co Inc is a large advisory firm based in Boston. It manages $182.57 million of regulatory assets for 187 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Massachusetts, New Hampshire, and New York.

Sawyer & 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.

Sawyer &: assets under management

The assets under management (AUM) of Sawyer & Co Inc is $182.57 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 124% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $182.57 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $976.3 thousand each.

Sawyer & has custody of $89.94 million in cash and securities for 95 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 78% of the total AUM. The second-largest asset type is government bonds, which make up 12% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Sawyer & Co Inc 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.

What kind of clients William Cotter Sawyer serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of William Cotter Sawyer is high net worth individuals with 122 clients and $142.74 million of assets under management. Among the 8 most similar advisory firms, Sawyer & has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $157.56 million for 181 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.

Sawyer & doesn't advise any private funds.

Careers at Sawyer & Co Inc

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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 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.

William Cotter Sawyer has been acting as President since 1 Feb 1986. Benjamin P Webber joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Cotter Sawyer	President	1 Feb 1986	50% - 75%	411758
Michael A. Foley	Chief compliance officer	1 Sep 1986	Other	6327167
Michael Andrew Foley	Chief compliance officer	1 Sep 1986	Other	6327167
Benjamin P Webber	Vice president	1 Nov 2013	25% - 50%	4989677
Benjamin Price Webber	Vice president	1 Nov 2013	25% - 50%	4989677

Based in Boston

The principal office where Sawyer & Co Inc performs its advisory services is located at 50 Congress Street, Boston, MA 02109, 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 617-227-7033 or by fax 617-227-4754. The normal business hours are 9:00 a.m.-4:30p.m. on Monday - Friday. You can find more information about the New York firm at sawyer-company.com and its LinkedIn profile.