Hedge Fund Database

MEANS WEALTH MANAGEMENT

MEANS INVESTMENT CO., INC. Legal Name

Adviser information for MEANS WEALTH MANAGEMENT last updated from Form ADV on March 28th, 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 Maine, United States

Employees

Total Number of Employees 20
Investment Advisory/Research 12
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 12
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 1

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 2,972 $876.0M
Non-Discretionary 66 $101.0M
Total 3,038 $977.0M

Clients

Type Number RAUM
Individuals 924 $265.1M
HNW Individuals 287 $626.3M
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 20 $39.9M
Charitable organizations 15 $23.7M
State or municipal gov entities <5 $795,294
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 25 $21.1M
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0
No. of Financial Planning Clients 51-100

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPension consulting servicesPublication of periodicals or newslettersEducational seminars/workshopsPROVIDE GENERAL INVESTMENT ADVICE
Compensation % of AUMHourly chargesPROVIDE GENERAL ADVICE & FIN. PLANNING SVCS FOR A NEGOTIATED FEE

Identifiers

SEC RIA File Number 801-80992
SEC ERA File Number 801-80992
SEC CIK Numbers 701516
SEC CRD Numbers 2748
Legal Entity Identifier None

Principal Office

802 STILLWATER AVE.
BANGOR
ME
United States
MON-THURS: 8:00AM-4:30PM; FRI 8:00AM-4:00PM, SEE ABOVE
Tel: 1-207-947-6763, Fax: 1-207-947-8559

Websites

www.meanswealth.com www.facebook.com/meanswealthmanagement/ linkedin.com/company/means-wealth-management www.youtube.com/user/meanswealthmanagemen

Chief Compliance Officer

DAWN A. HATCH
OPERATIONS MANAGER & CHIEF COMPLIANCE OFFICER
802 STILLWATER AVE.
BANGOR
ME
United States
Tel: 207-947-6763
Fax: 207-947-8559
(Full email address available in API data)

Regulatory Contact

ZACHARY P. MEANS
PRESIDENT
802 STILLWATER AVE.
BANGOR
ME
United States
Tel: 207-947-6763
Fax: 207-947-8559
(Full email address available in API data)

Industry Affiliates

None

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
PENOBSCOT ASSOCIATES, INC INVESTMENT CLUB $5.6M $0.0M 50

Control Persons

Name Type Entity Title Since Ownership
MEANS, PAUL, BANWELL Individual – CHAIRMAN 09/2021 25-50%
MEANS, ZACHARY, PAUL Individual – PRESIDENT 09/2021 > 75%
barry, erin, leigh Individual – CHIEF EXECUTIVE OFFICER 09/2021 < 5%
Hatch, Dawn, Ann Individual – CHIEF COMPLIANCE OFFICER & OPERATIONS MANAGER 03/2021 < 5%

No. Employees, Historic

20100201920202021202220232024202512 on 6/14/201915 on 3/31/202015 on 4/16/202015 on 4/16/202015 on 5/15/202015 on 5/20/202014 on 5/20/202014 on 6/24/202014 on 8/5/202014 on 2/12/202114 on 3/9/202114 on 3/26/202114 on 4/7/202114 on 4/9/202114 on 10/1/202114 on 11/19/202116 on 1/28/202217 on 3/2/202217 on 5/4/202217 on 5/18/202217 on 5/20/202216 on 6/28/202216 on 7/1/202218 on 9/16/202218 on 11/2/202219 on 3/21/202319 on 5/18/202319 on 7/12/202319 on 9/26/202320 on 1/24/202420 on 3/28/2024

RAUM, Historic

1B500M02019202020212022202320242025430082176 on 6/14/2019425236725 on 3/31/2020425236725 on 4/16/2020425236725 on 4/16/2020425236725 on 5/15/2020425236725 on 5/20/2020425236725 on 5/20/2020425236725 on 6/24/2020425236725 on 8/5/2020425236725 on 2/12/2021425236725 on 3/9/2021673861958 on 3/26/2021673861958 on 4/7/2021673861958 on 4/9/2021673861958 on 10/1/2021673861958 on 11/19/2021673861958 on 1/28/2022860271260 on 3/2/2022860271260 on 5/4/2022860271260 on 5/18/2022860271260 on 5/20/2022860271260 on 6/28/2022860271260 on 7/1/2022860271260 on 9/16/2022860271260 on 11/2/2022743799162 on 3/21/2023743799162 on 5/18/2023743799162 on 7/12/2023743799162 on 9/26/2023743799162 on 1/24/2024976990954 on 3/28/2024

No. Clients, Historic

2,0001,00002019202020212022202320242025898 on 6/14/2019923 on 3/31/2020923 on 4/16/2020923 on 4/16/2020923 on 5/15/2020923 on 5/20/2020923 on 5/20/2020923 on 6/24/2020923 on 8/5/2020923 on 2/12/2021923 on 3/9/2021976 on 3/26/2021976 on 4/7/2021976 on 4/9/2021976 on 10/1/2021976 on 11/19/2021976 on 1/28/20221069 on 3/2/20221069 on 5/4/20221069 on 5/18/20221069 on 5/20/20221069 on 6/28/20221069 on 7/1/20221069 on 9/16/20221069 on 11/2/20221205 on 3/21/20231205 on 5/18/20231205 on 7/12/20231205 on 9/26/20231205 on 1/24/20241274 on 3/28/2024

Holdings

From latest 13F, filed July 19th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ABBOTT LABS COM 3M 33K 0
ABBVIE INC COM 5M 28K 0
ACCENTURE PLC IRELAND SHS CLASS A 200K 660 0
ADOBE INC COM 1M 3K 0
ADVANCED MICRO DEVICES INC COM 655K 4K 0
AFLAC INC COM 238K 3K 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 2M 22K 0
ALPHABET INC CAP STK CL A 3M 16K 0
ALPHABET INC CAP STK CL C 21M 117K 0
ALTRIA GROUP INC COM 1M 30K 0
AMAZON COM INC COM 46M 239K 0
AMERICAN CENTY ETF TR US SML CP VALU 8M 91K 0
AMERICAN EXPRESS CO COM 397K 2K 0
AMGEN INC COM 731K 2K 0
APPLE INC COM 79M 377K 0
AT&T INC COM 219K 11K 0
BANK AMERICA CORP COM 6M 144K 0
BAR HBR BANKSHARES COM 709K 26K 0
BARRICK GOLD CORP COM 339K 20K 0
BERKLEY W R CORP COM 7M 84K 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 11M 28K 0
BERKSHIRE HATHAWAY INC DEL CL A 612K 1 0
BLACKROCK INC COM 2M 2K 0
BLACKSTONE INC COM 3M 21K 0
BOEING CO COM 717K 4K 0
BP PLC SPONSORED ADR 234K 6K 0
BRISTOL-MYERS SQUIBB CO COM 1M 33K 0
BROADCOM INC COM 759K 473 0
BROWN & BROWN INC COM 371K 4K 0
CAMDEN NATL CORP COM 2M 47K 0
CARRIER GLOBAL CORPORATION COM 794K 13K 0
CATERPILLAR INC COM 999K 3K 0
CHARTER COMMUNICATIONS INC N CL A 251K 841 0
CHENIERE ENERGY INC COM NEW 260K 1K 0
CHEVRON CORP NEW COM 9M 55K 0
CHUBB LIMITED COM 586K 2K 0
CISCO SYS INC COM 1M 25K 0
COCA COLA CO COM 1M 18K 0
COMCAST CORP NEW CL A 473K 12K 0
CONOCOPHILLIPS COM 843K 7K 0
COSTCO WHSL CORP NEW COM 398K 468 0
CROWDSTRIKE HLDGS INC CL A 741K 2K 0
DANAHER CORPORATION COM 283K 1K 0
DEERE & CO COM 1M 3K 0
DICKS SPORTING GOODS INC COM 230K 1K 0
DISNEY WALT CO COM 2M 24K 0
DRAFTKINGS INC NEW COM CL A 338K 9K 0
DUKE ENERGY CORP NEW COM NEW 348K 3K 0
EATON CORP PLC SHS 979K 3K 0
ELI LILLY & CO COM 3M 3K 0
EXCHANGE TRADED CONCEPTS TRU ROBO GLB ETF 497K 9K 0
EXXON MOBIL CORP COM 2M 20K 0
FIRST TR EXCHANGE TRADED FD CLOUD COMPUTING 201K 2K 0
FIRST TR EXCHANGE-TRADED FD DJ INTERNT IDX 813K 4K 0
GILEAD SCIENCES INC COM 427K 6K 0
GLOBAL X FDS US INFR DEV ETF 267K 7K 0
GOLDMAN SACHS GROUP INC COM 4M 8K 0
HOME DEPOT INC COM 2M 5K 0
IDEXX LABS INC COM 2M 3K 0
INMODE LTD SHS 285K 16K 0
INTERNATIONAL BUSINESS MACHS COM 1M 8K 0
INVESCO EXCHANGE TRADED FD T BUYBACK ACHIEV 536K 5K 0
INVESCO EXCHANGE TRADED FD T PHARMACEUTICALS 273K 3K 0
INVESCO QQQ TR UNIT SER 1 1M 2K 0
ISHARES INC MSCI EMRG CHN 5M 82K 0
ISHARES TR MRGSTR MD CP GRW 291K 4K 0
ISHARES TR US AER DEF ETF 377K 3K 0
ISHARES TR MRGSTR MD CP ETF 9M 130K 0
ISHARES TR RUS MDCP VAL ETF 352K 3K 0
ISHARES TR CORE S&P500 ETF 1M 2K 0
ISHARES TR CORE HIGH DV ETF 319K 3K 0
ISHARES TR SP SMCP600VL ETF 252K 3K 0
ISHARES TR CORE MSCI TOTAL 413K 6K 0
ISHARES TR RUSEL 2500 ETF 424K 7K 0
ISHARES TR U.S. MED DVC ETF 9M 155K 0
ISHARES TR ISHARES BIOTECH 1M 10K 0
ISHARES TR EAFE GRWTH ETF 238K 2K 0
ISHARES TR CORE S&P SCP ETF 5M 45K 0
J P MORGAN EXCHANGE TRADED F NASDAQ EQT PREM 706K 13K 0
J P MORGAN EXCHANGE TRADED F ACTIVE BOND ETF 15M 296K 0
J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM 4M 65K 0
JOHNSON & JOHNSON COM 4M 27K 0
JPMORGAN CHASE & CO. COM 17M 83K 0
KIMBERLY-CLARK CORP COM 269K 2K 0
L3HARRIS TECHNOLOGIES INC COM 228K 1K 0
LAM RESEARCH CORP COM 14M 13K 0
LOCKHEED MARTIN CORP COM 595K 1K 0
LOWES COS INC COM 817K 4K 0
M & T BK CORP COM 634K 4K 0
MARATHON PETE CORP COM 430K 2K 0
MARSH & MCLENNAN COS INC COM 215K 1K 0
MASTERCARD INCORPORATED CL A 714K 2K 0
MCDONALDS CORP COM 3M 12K 0
MERCK & CO INC COM 4M 31K 0
META PLATFORMS INC CL A 21M 42K 0
METLIFE INC COM 666K 9K 0
MGM RESORTS INTERNATIONAL COM 344K 8K 0
MICRON TECHNOLOGY INC COM 445K 3K 0
MICROSOFT CORP COM 47M 105K 0
MICROSTRATEGY INC CL A NEW 407K 296 0
MONDELEZ INTL INC CL A 2M 34K 0
NASDAQ INC COM 348K 6K 0
NETFLIX INC COM 1M 2K 0
NEXTERA ENERGY INC COM 2M 21K 0
NIKE INC CL B 2M 20K 0
NORTHROP GRUMMAN CORP COM 2M 5K 0
NOVARTIS AG SPONSORED ADR 799K 8K 0
NOVO-NORDISK A S ADR 7M 49K 0
NUCOR CORP COM 1M 9K 0
NVIDIA CORPORATION COM 28M 225K 0
ORACLE CORP COM 5M 35K 0
OTIS WORLDWIDE CORP COM 596K 6K 0
PALANTIR TECHNOLOGIES INC CL A 2M 86K 0
PALO ALTO NETWORKS INC COM 1M 3K 0
PEPSICO INC COM 2M 11K 0
PFIZER INC COM 1M 41K 0
PHILIP MORRIS INTL INC COM 4M 35K 0
PHILLIPS 66 COM 659K 5K 0
PIMCO DYNAMIC INCOME FD SHS 4M 196K 0
PIMCO ETF TR ENHAN SHRT MA AC 501K 5K 0
PIMCO ETF TR ENHNCD LW DUR AC 350K 4K 0
PROCTER AND GAMBLE CO COM 4M 25K 0
PROGRESSIVE CORP COM 248K 1K 0
PROSHARES TR BITCOIN STRATE 247K 11K 0
PROSHARES TR II ULTA BLMBG 2017 427K 13K 0
PRUDENTIAL FINL INC COM 1M 12K 0
QUALCOMM INC COM 1M 7K 0
RTX CORPORATION COM 2M 15K 0
SALESFORCE INC COM 10M 41K 0
SCHWAB CHARLES CORP COM 8M 103K 0
SCHWAB STRATEGIC TR US LRG CAP ETF 497K 8K 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 5M 33K 0
SELECT SECTOR SPDR TR COMMUNICATION 297K 3K 0
SELECT SECTOR SPDR TR SBI MATERIALS 422K 5K 0
SELECT SECTOR SPDR TR ENERGY 331K 4K 0
SELECT SECTOR SPDR TR FINANCIAL 457K 11K 0
SELECT SECTOR SPDR TR INDL 211K 2K 0
SELECT SECTOR SPDR TR TECHNOLOGY 415K 2K 0
SERVICENOW INC COM 2M 3K 0
SHERWIN WILLIAMS CO COM 264K 886 0
SHOPIFY INC CL A 942K 14K 0
SNOWFLAKE INC CL A 2M 13K 0
SOFI TECHNOLOGIES INC COM 361K 55K 0
SOUTHERN CO COM 1M 14K 0
SPDR S&P 500 ETF TR TR UNIT 2M 4K 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 8M 15K 0
SPDR SER TR S&P BIOTECH 10M 105K 0
SPDR SER TR PORTFOLIO AGRGTE 601K 24K 0
SPDR SER TR HLTH CR EQUIP 980K 12K 0
SPDR SER TR S&P HOMEBUILD 1M 12K 0
STAG INDL INC COM 443K 12K 0
STARBUCKS CORP COM 2M 24K 0
STATE STR CORP COM 259K 3K 0
STERLING CHECK CORP COM 148K 10K 0
TARGET CORP COM 230K 2K 0
TESLA INC COM 3M 15K 0
TEXAS INSTRS INC COM 284K 1K 0
THE CIGNA GROUP COM 321K 971 0
THERMO FISHER SCIENTIFIC INC COM 230K 416 0
TJX COS INC NEW COM 3M 24K 0
TORONTO DOMINION BK ONT COM NEW 242K 4K 0
TRANE TECHNOLOGIES PLC SHS 390K 1K 0
TRAVELERS COMPANIES INC COM 243K 1K 0
UBER TECHNOLOGIES INC COM 7M 94K 0
UNION PAC CORP COM 782K 3K 0
UNITEDHEALTH GROUP INC COM 2M 5K 0
UNUM GROUP COM 341K 7K 0
VALERO ENERGY CORP COM 507K 3K 0
VANECK ETF TRUST SEMICONDUCTR ETF 4M 16K 0
VANGUARD BD INDEX FDS TOTAL BND MRKT 257K 4K 0
VANGUARD CHARLOTTE FDS TOTAL INT BD ETF 228K 5K 0
VANGUARD INDEX FDS SMALL CP ETF 421K 2K 0
VANGUARD INDEX FDS S&P 500 ETF SHS 63M 125K 0
VANGUARD INDEX FDS GROWTH ETF 666K 2K 0
VANGUARD INDEX FDS VALUE ETF 559K 3K 0
VANGUARD INDEX FDS SML CP GRW ETF 218K 871 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 2M 15K 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 40M 675K 0
VANGUARD SPECIALIZED FUNDS DIV APP ETF 355K 2K 0
VANGUARD WHITEHALL FDS HIGH DIV YLD 8M 66K 0
VANGUARD WORLD FD MEGA GRWTH IND 80M 254K 0
VANGUARD WORLD FD MEGA CAP VAL ETF 57M 477K 0
VERIZON COMMUNICATIONS INC COM 755K 18K 0
VISA INC COM CL A 6M 24K 0
WALGREENS BOOTS ALLIANCE INC COM 515K 43K 0
WALMART INC COM 5M 69K 0
WASTE MGMT INC DEL COM 265K 1K 0
WELLS FARGO CO NEW COM 403K 7K 0
WEYERHAEUSER CO MTN BE COM NEW 284K 10K 0
WISDOMTREE TR US SMALLCAP FUND 667K 14K 0
ZETA GLOBAL HOLDINGS CORP CL A 380K 22K 0