WELLESLEY ASSET MANAGEMENT, INC.
Adviser information for WELLESLEY ASSET MANAGEMENT, INC. last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Massachusetts, United States |
Employees
| Total Number of Employees | 30 |
|---|---|
| Investment Advisory/Research | 16 |
| Registered Broker-Dealer Representatives | 7 |
| Registered State Investment Advisers | 16 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 2 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 2,184 | $2.1B |
| Non-Discretionary | 4 | $3.3M |
| Total | 2,188 | $2.1B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 1,889 | $547.1M |
| HNW Individuals | 232 | $365.1M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 4 | $888.7M |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 3 | $138.2M |
| Pension and profit sharing plans | 36 | $121.9M |
| Charitable organizations | 13 | $22.4M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 2 | $11.9M |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 9 | $9.0M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 1 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 729.1M |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| INVESTMENT MANAGEMENT SERVICES PROGRAM (IMS) | MORGAN STANLEY |
| STRATEGIC ASSET REVIEW PROGRAM (STAR) | OPPENHEIMER |
| OUTSIDE MANAGED PROGRAM (OSM) | RAYMOND JAMES |
| MANAGED ACCOUNT PROGRAM (MAP) | RBC |
| SMA PROGRAM | ENVESTNET ASSET MANAGEMENT, INC. |
| MANAGED ACCOUNTS CONSULTING (MAC) | UBS |
| PRIVATE ADVISOR NETWORK | WELLS FARGO |
| MANAGED ACCOUNT SERVICE (MAS) | MERRILL LYNCH |
| FIRST REPUBLIC | FIRST REPUBLIC INVESTMENT MANAGEMENT |
| MANAGER SELECT | LPL FINANCIAL |
| S-MAP | INVESTORS CAPITAL ADVISORY |
Identifiers
| SEC RIA File Number | 801-61288 |
|---|---|
| SEC ERA File Number | 801-61288 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 116176 |
| Legal Entity Identifier | 254900VG1APTD4JI1X54 |
Principal Office
100 MARKET STREETSUITE 203
PORTSMOUTH
NH
United States
Monday - Friday, 9:00 - 5:00
Tel: 781-416-4000, Fax: None
Chief Compliance Officer
DAWN BAILLIE
201 WASHINGTON ST.
FLOOR 26
BOSTON
MA
United States
Tel:
781-416-4000
C*********@******M
(Full email address available in API data)
Regulatory Contact
KAITLYN ST. GERMAIN
COMPLIANCE ASSOCIATE
201 WASHINGTON ST.
FLOOR 26
BOSTON
MA
United States
Tel:
7814164000
C*********@******M
(Full email address available in API data)
Industry Affiliates
| MEGAN WALLS, ESQ. | Lawyer or law firm |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| BRENTON PARTNERS II, L.P. | Hedge Fund | $34.8M | $0.0M | 26 |
| BRENTON PARTNERS, L.P. | Hedge Fund | $102.6M | $0.0M | 82 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MILLER, GREG | Individual | – | CHAIRMAN , CEO, TRUSTEE OF THE GREG MILLER TRUST | 07/1991 | < 5% |
| MURPHY, DARLENE, MARIE | Individual | – | OWNER/SHAREHOLDER | 10/2019 | 10-25% |
| MILLER, MICHAEL, DAVID | Individual | – | PRESIDENT AND CIO | 10/2019 | < 5% |
| THE DARLENE M. MURPHY TRUST - 2011 | Domestic Entity | – | OWNER / SHAREHOLDER | 11/2014 | 10-25% |
| THE MICHAEL DAVID MILLER TRUST - 2011 | Domestic Entity | – | OWNER / SHAREHOLDER | 11/2014 | 10-25% |
| HERNBERG, MAUREEN, PATRICIA | Individual | – | TRUSTEE OF THE DARLENE M. MURPHY TRUST - 2011 | 11/2014 | < 5% |
| JOHNSON, SAMUEL, SLOAN | Individual | – | TRUSTEE OF THE MICHAEL DAVID MILLER TRUST - 2011 | 11/2014 | < 5% |
| MITCHELL, C. DANIEL | Individual | – | CHIEF OPERATING OFFICER | 04/2019 | < 5% |
| MARTINO, STEPHEN, DOMENIC | Individual | – | CHIEF FINANCIAL OFFICER | 01/2019 | < 5% |
| MICHAEL MILLER IRREVOCABLE TRUST OF 2020 | Domestic Entity | – | OWNER / SHAREHOLDER | 12/2020 | 5-10% |
| MILLER, REGIS, C. | Individual | – | TRUSTEE OF THE GREG MILLER TRUST | 06/2016 | < 5% |
| William, Zorn | Individual | – | TRUSTEE OF THE MICHAEL MILLER IRREVOCABLE TRUST OF 2020 | 12/2020 | < 5% |
| BAILLIE, DAWN, MARIE | Individual | – | CHIEF COMPLIANCE OFFICER | 09/2021 | < 5% |
| THE GREG MILLER TRUST | Domestic Entity | – | OWNER/SHAREHOLDER | 06/2016 | 50-75% |