Hedge Fund Database

MSA FINANCIAL

MARINO, STRAM AND ASSOCIATES LLC Legal Name

Adviser information for MSA FINANCIAL last updated from Form ADV on February 2nd, 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 Limited Liability Company
Fiscal Year End DECEMBER
Legal Location Massachusetts, United States

Employees

Total Number of Employees 19
Investment Advisory/Research 8
Registered Broker-Dealer Representatives 10
Registered State Investment Advisers 8
Licensed Agents of an Insurance Company 7
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 3,032 $1.0B
Non-Discretionary 9 $386,377
Total 3,041 $1.0B

Clients

Type Number RAUM
Individuals 922 $278.8M
HNW Individuals 357 $718.1M
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 0 $0
Pension and profit sharing plans <5 $4.5M
Charitable organizations 0 $0
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses <5 $1.4M
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0
No. of Financial Planning Clients 11-25

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)
Compensation % of AUMHourly chargesFixed fees

Identifiers

SEC RIA File Number 801-72425
SEC ERA File Number 801-72425
SEC CIK Numbers 1099762
SEC CRD Numbers 107768
Legal Entity Identifier None

Principal Office

25 BRAINTREE HILL OFFICE PARK
SUITE 303
BRAINTREE
MA
United States
Monday - Friday, 9:00 A.M.-5:00 P.M.
Tel: 781-843-3500, Fax: 781-843-3530

Websites

www.linkedin.com/company/marino-stram-&-associates/ www.marinostram.com msaplan.com/

Chief Compliance Officer

RICHARD E. STRAM
FINANCIAL ADVISOR, MANAGING DIRECTOR
25 BRAINTREE HILL OFFICE PARK
SUITE 303
BRAINTREE
MA
United States
Tel: 781-843-3500
Fax: 781-843-3530
(Full email address available in API data)

Regulatory Contact

DENISE DEL MONACO
OPERATIONS MANAGER
25 BRAINTREE HILL OFFICE PARK
SUITE 303
BRAINTREE
MA
United States
Tel: 781-843-3500
Fax: 781-843-3530
(Full email address available in API data)

Industry Affiliates

None

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
MARINO, PAUL, M. Individual – FINANCIAL ADVISOR, MANAGING DIRECTOR 05/2011 25-50%
STRAM, RICHARD, ERIC Individual – FINANCIAL ADVISOR, MANAGING DIRECTOR AND CCO 06/2011 25-50%
CAMMARATA, MICHAEL, PAUL Individual – FINANCIAL ADVISOR, PARTNER 08/2014 10-25%
ZIMMERMAN, RYAN, ALAN Individual – FINANCIAL ADVISOR, PARTNER 07/2023 5-10%

No. Employees, Historic

20100201920202021202220232024202519 on 7/22/201919 on 11/8/201918 on 3/11/202018 on 5/13/202018 on 2/22/202118 on 3/9/202118 on 10/13/202118 on 2/4/202218 on 9/9/202219 on 2/21/202319 on 7/31/202319 on 11/29/202319 on 2/2/2024

RAUM, Historic

2B1B02019202020212022202320242025528934514 on 7/22/2019528934514 on 11/8/2019675983450 on 3/11/2020675983450 on 5/13/2020796909420 on 2/22/2021796909420 on 3/9/2021796909420 on 10/13/2021978085997 on 2/4/2022978085997 on 9/9/2022870408678 on 2/21/2023870408678 on 7/31/2023870408678 on 11/29/20231002893618 on 2/2/2024

No. Clients, Historic

2,0001,000020192020202120222023202420251109 on 7/22/20191109 on 11/8/20191148 on 3/11/20201148 on 5/13/20201180 on 2/22/20211180 on 3/9/20211180 on 10/13/20211238 on 2/4/20221238 on 9/9/20221267 on 2/21/20231267 on 7/31/20231267 on 11/29/20231279 on 2/2/2024

Holdings

From latest 13F, filed July 18th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
3M CO COM 228K 2K –
ABBOTT LABS COM 224K 2K –
ABBVIE INC COM 2M 14K –
ADOBE INC COM 369K 664 –
ALIBABA GROUP HLDG LTD SPONSORED ADS 252K 4K –
ALPHABET INC CAP STK CL C 2M 12K –
ALPHABET INC CAP STK CL A 2M 11K –
ALTRIA GROUP INC COM 1M 29K –
AMAZON COM INC COM 3M 18K –
AMERICAN ELEC PWR CO INC COM 958K 11K –
AMERICAN EXPRESS CO COM 545K 2K –
AMGEN INC COM 1M 5K –
ANALOG DEVICES INC COM 265K 1K –
APPLE INC COM 9M 44K –
AT&T INC COM 245K 13K –
AUTOMATIC DATA PROCESSING IN COM 206K 862 –
BANK AMERICA CORP COM 518K 13K –
BERKSHIRE HATHAWAY INC DEL CL B NEW 4M 10K –
BLACKROCK INC COM 3M 3K –
BLACKSTONE INC COM 321K 3K –
BOEING CO COM 234K 1K –
BROADCOM INC COM 869K 541 –
CHEVRON CORP NEW COM 493K 3K –
CISCO SYS INC COM 512K 11K –
CITIGROUP INC COM NEW 427K 7K –
COCA COLA CO COM 3M 42K –
COLGATE PALMOLIVE CO COM 602K 6K –
COMCAST CORP NEW CL A 239K 6K –
CONSOLIDATED EDISON INC COM 2M 19K –
CONSTELLATION BRANDS INC CL A 208K 810 –
CVS HEALTH CORP COM 380K 6K –
DISNEY WALT CO COM 445K 4K –
DUKE ENERGY CORP NEW COM NEW 2M 17K –
ELI LILLY & CO COM 3M 3K –
ENBRIDGE INC COM 759K 21K –
ENTERGY CORP NEW COM 630K 6K –
EXXON MOBIL CORP COM 2M 20K –
FASTENAL CO COM 899K 14K –
GALLAGHER ARTHUR J & CO COM 918K 4K –
GAP INC COM 346K 14K –
GE AEROSPACE COM NEW 211K 1K –
GENUINE PARTS CO COM 1M 7K –
GOLDMAN SACHS ETF TR ACTIVEBETA INT 252K 7K –
GSK PLC SPONSORED ADR 233K 6K –
HARBORONE BANCORP INC NEW COM NEW 120K 11K –
HOME DEPOT INC COM 370K 1K –
ILLINOIS TOOL WKS INC COM 716K 3K –
INDEXIQ ETF TR FTSE INTERNL EQT 5M 176K –
INTEL CORP COM 284K 9K –
INTERPUBLIC GROUP COS INC COM 782K 27K –
INTUIT COM 239K 363 –
INVESCO EXCH TRADED FD TR II CEF INM COMPSI 816K 43K –
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 3M 20K –
INVESCO QQQ TR UNIT SER 1 4M 9K –
ISHARES TR CORE S&P500 ETF 44M 81K –
ISHARES TR CORE S&P SCP ETF 14M 127K –
ISHARES TR CORE S&P MCP ETF 15M 255K –
ISHARES TR MSCI USA MIN VOL 3M 33K –
ISHARES TR MSCI USA QLT FCT 4M 24K –
ISHARES TR U S EQUITY FACTR 312K 6K –
ISHARES TR SHORT TREAS BD 1M 12K –
ISHARES TR CORE HIGH DV ETF 220K 2K –
ISHARES TR MRGSTR MD CP GRW 2M 26K –
ISHARES TR GRWT ALLOCAT ETF 4M 72K –
ISHARES TR AGGRES ALLOC ETF 2M 33K –
ISHARES TR U.S. TECH ETF 276K 2K –
ISHARES TR CORE DIV GRWTH 4M 70K –
ISHARES TR S&P 500 VAL ETF 814K 4K –
ISHARES TR MSCI USA MMENTM 1M 6K –
ISHARES TR CORE S&P TTL STK 1M 10K –
ISHARES TR INTL SEL DIV ETF 1M 40K –
ISHARES TR MSCI USA VALUE 223K 2K –
ISHARES TR MODERT ALLOC ETF 775K 18K –
ISHARES TR CORE TOTAL USD 657K 15K –
ISHARES TR RUS MID CAP ETF 242K 3K –
ISHARES TR GLOBAL TECH ETF 1M 17K –
ISHARES TR ESG AWR MSCI USA 989K 8K –
ISHARES TR S&P 500 GRWT ETF 1M 16K –
ISHARES TR RUS 1000 GRW ETF 727K 2K –
ISHARES TR RUS 1000 VAL ETF 381K 2K –
ISHARES TR EAFE VALUE ETF 257K 5K –
ISHARES TR ESG MSCI LEADR 239K 2K –
ISHARES TR MSCI USA ESG SLC 1M 9K –
J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM 2M 38K –
JOHNSON & JOHNSON COM 2M 16K –
JPMORGAN CHASE & CO. COM 6M 28K –
KIMBERLY-CLARK CORP COM 926K 7K –
KLAVIYO INC COM SER A 1M 44K –
LLOYDS BANKING GROUP PLC SPONSORED ADR 67K 25K –
LOCKHEED MARTIN CORP COM 3M 7K –
MARATHON PETE CORP COM 2M 11K –
MARVELL TECHNOLOGY INC COM 305K 4K –
MASTERCARD INCORPORATED CL A 731K 2K –
MCDONALDS CORP COM 3M 10K –
MEDTRONIC PLC SHS 540K 7K –
MERCK & CO INC COM 4M 35K –
META PLATFORMS INC CL A 1M 2K –
MICROSOFT CORP COM 9M 19K –
MONDELEZ INTL INC CL A 1M 22K –
MORGAN STANLEY COM NEW 370K 4K –
NOVARTIS AG SPONSORED ADR 470K 4K –
NUSHARES ETF TR NUVEEN ESG LRGVL 3M 88K –
NUSHARES ETF TR NUVEEN ESG LRGCP 679K 8K –
NUVEEN PFD & INCOME OPPORTUN COM 591K 79K –
NVIDIA CORPORATION COM 1M 8K –
OMNICOM GROUP INC COM 1M 11K –
PALO ALTO NETWORKS INC COM 826K 2K –
PAYCHEX INC COM 744K 6K –
PEPSICO INC COM 3M 18K –
PFIZER INC COM 1M 49K –
PHILIP MORRIS INTL INC COM 1M 12K –
PRICE T ROWE GROUP INC COM 327K 3K –
PROCTER AND GAMBLE CO COM 3M 19K –
PROGRESSIVE CORP COM 1M 5K –
QUALCOMM INC COM 462K 2K –
RBB FD INC US TREAS 3 MNTH 398K 8K –
RBB FD INC US TREASRY 12 MT 358K 7K –
RBB FD INC US TREASY 2 YR 310K 6K –
REGENERON PHARMACEUTICALS COM 391K 372 –
RTX CORPORATION COM 355K 4K –
SALESFORCE INC COM 549K 2K –
SCHWAB STRATEGIC TR US DIVIDEND EQ 1M 14K –
SCHWAB STRATEGIC TR FUNDAMENTAL US L 298K 4K –
SERVICENOW INC COM 217K 276 –
SIMON PPTY GROUP INC NEW COM 937K 6K –
SOUTHERN CO COM 940K 12K –
SPDR GOLD TR GOLD SHS 618K 3K –
SPDR S&P 500 ETF TR TR UNIT 1M 2K –
SPDR SER TR S&P DIVID ETF 33M 262K –
SPDR SER TR SPDR S&P 500 ETF 2M 34K –
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 1M 6K –
TESLA INC COM 201K 1K –
THERMO FISHER SCIENTIFIC INC COM 1M 2K –
TJX COS INC NEW COM 248K 2K –
TRAVELERS COMPANIES INC COM 231K 1K –
TRUIST FINL CORP COM 858K 22K –
UNILEVER PLC SPON ADR NEW 249K 5K –
UNITED PARCEL SERVICE INC CL B 927K 7K –
UNITEDHEALTH GROUP INC COM 366K 718 –
VALERO ENERGY CORP COM 1M 8K –
VANGUARD INDEX FDS VALUE ETF 24M 151K –
VANGUARD INDEX FDS GROWTH ETF 21M 55K –
VANGUARD INDEX FDS TOTAL STK MKT 2M 8K –
VANGUARD INDEX FDS MCAP VL IDXVIP 1M 7K –
VANGUARD INDEX FDS S&P 500 ETF SHS 236K 471 –
VANGUARD INDEX FDS SML CP GRW ETF 278K 1K –
VANGUARD INDEX FDS REAL ESTATE ETF 337K 4K –
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 374K 9K –
VANGUARD SPECIALIZED FUNDS DIV APP ETF 4M 20K –
VANGUARD WHITEHALL FDS HIGH DIV YLD 63M 529K –
VANGUARD WHITEHALL FDS INTL HIGH ETF 3M 39K –
VANGUARD WHITEHALL FDS INTL DVD ETF 255K 3K –
VANGUARD WORLD FD ESG US STK ETF 1M 14K –
VANGUARD WORLD FD MEGA CAP INDEX 257K 1K –
VENTAS INC COM 810K 16K –
VERIZON COMMUNICATIONS INC COM 2M 51K –
VIATRIS INC COM 110K 10K –
VISA INC COM CL A 897K 3K –
WALMART INC COM 878K 13K –
WELLS FARGO CO NEW COM 281K 5K –
WILLIAMS COS INC COM 898K 21K –
WISDOMTREE TR US MIDCAP DIVID 812K 17K –
WISDOMTREE TR US SMALLCAP DIVD 627K 20K –
WISDOMTREE TR US LARGECAP DIVD 224K 3K –