Wilkins Investment Counsel Inc (Boston)

Name: Wilkins Investment Counsel Inc
Address: 160 Federal St., 22 Nd Floor, Boston, MA, 02110
Telephone: 617-951-9969

Wilkins Investment Counsel Inc is a large advisory firm based in Boston. It manages $565.81 million of regulatory assets for 94 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Massachusetts and New Hampshire.

Wilkins Investment Counsel 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.

Wilkins Investment Counsel: assets under management

The assets under management (AUM) of Wilkins Investment Counsel Inc is $565.81 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 $565.81 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $6.02 million each.

Investments

The firm invests in exchange traded securities the most. They account for 54% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 27% of the firm’s portfolio. Investments in government bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wilkins Investment Counsel Inc for their services and products based on a percentage of assets under management and fixed fees. 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 John Wilkins serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of John Wilkins is high net worth individuals with 73 clients and $412.54 million of assets under management. Among the 7 most similar advisory firms, Wilkins Investment Counsel has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $467.39 million for 93 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.

Wilkins Investment Counsel doesn't advise any private funds.

Careers at Wilkins Investment Counsel Inc

The company employs 9 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 3 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 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.

John Wilkins has been acting as President since 1 Jul 1989. John Parker Wilkins joined the executive team most recently as the Chairman, Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Wilkins	President	1 Jul 1989	75% - 100%	2270089
John Parker Wilkins	President, director	1 Jul 1989	75% - 100%	2270089
Gayle Cecilia Ollerhead	Vice president	1 Aug 1989	Other	4327674
Gayle Cecilia Moran	Vice president, director	1 Aug 1989	Other	4327674
David Baldwin Stuart	Vice president	1 Jan 1991	Other	4327665
Michael Francis Charland	Vice president/treasurer	1 Dec 1999	Other	4327676
Shane Michael Garman	Vice president, director of research	1 Mar 2009	Other	5651818
John Parker Wilkins	Chairman, director	1 Jul 2014	50% - 75%	2270089
Michael Francis Charland	President, director	1 Jul 2014	25% - 50%	4327676
Shane Michael Garman	Vice president, treasurer, director of research, chief compliance officer, director	1 Jul 2014	Other	5651818

Based in Boston

The principal office where Wilkins Investment Counsel Inc performs its advisory services is located at 160 Federal St., 22 Nd Floor, Boston, MA 02110, 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 617-951-9969 or by fax 617-951-0773. The normal business hours are 8:30am to 4:30pm on Monday - Friday. You can find more information about the New York firm at wilkinsinvest.com.