Cutter Financial Group LLC (East Falmouth)


Cutter Financial Group LLC is a large advisory firm based in East Falmouth. It manages $121.15 million of regulatory assets for 851 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Massachusetts and Texas.

Cutter Financial Group provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cutter Financial Group: assets under management

The assets under management (AUM) of Cutter Financial Group LLC is $121.15 million. The firm's AUM has gone down by -2% since the beginning of its operation, and $2.41 million of the total AUM is attributable to clients outside of the United States.

The firm manages $118.41 million in discretionary accounts and $2.73 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $143.36 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $109.39 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cutter Financial Group LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Cutter Financial Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Cutter Financial Group is individuals with 342 clients and $109.47 million of assets under management. Among the 13 most similar advisory firms, Cutter Financial Group has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $119.77 million for 349 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Cutter Financial Group doesn't advise any private funds.

Careers at Cutter Financial Group LLC

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jeffrey Thomas Cutter Managing member, president and chief compliance officer 1 Apr 2006 50% - 75% 4733298
Jill Cutter Member 1 Apr 2006 50% - 75% 2098906

Based in East Falmouth

The principal office where Cutter Financial Group LLC performs its advisory services is located at 237 Teaticket Highway, East Falmouth, MA 02536, which is also the mailing address of the firm. An additional office of the firm is in Southlake, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (508) 388-7175 or by fax (508) 388-7029. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at cutterfinancialgroup.com/.