Boltwood Capital Management (Walnut Creek)

Name: Boltwood Capital Management
Address: 100 Pringle Avenue, Walnut Creek, CA, 94596
Telephone: 415-433-1550

Boltwood Capital Management is a large advisory firm based in Walnut Creek. It manages $215.24 million of regulatory assets for 283 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of California.

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

Boltwood Capital Management: assets under management

The assets under management (AUM) of Boltwood Capital Management is $215.24 million. The firm's AUM has grown by 69% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $175.89 million in discretionary accounts and $39.34 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $663.75 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.19 million.

Investments

The firm invests in exchange traded securities the most. They account for 47% of the total AUM. The second-largest asset type is investment and business development companies, which make up 30% of the firm’s portfolio. Investments in state and local bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Boltwood Capital Management 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 Michael J Hartell serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Michael J Hartell is high net worth individuals with 64 clients and $198.47 million of assets under management. Among the 12 most similar advisory firms, Boltwood Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $215.24 million for 158 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.

Boltwood Capital Management doesn't advise any private funds.

Careers at Boltwood Capital Management

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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.

Michael J Hartell has been acting as President since 1 May 2007. Zachary R Wolf joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael J Hartell	Chairman	1 May 2007	Other	5358127
Karen Lee Knowles	Co-chairman	1 May 2007	Other	4366602
Thomas Lyon Abbott	President, treasurer & chief compliance officer	1 Nov 2007	75% - 100%	4366639
Mark D Gamble	President & secretary	1 Nov 2007	25% - 50%	5417671
Thomas Lorimer Dibblee	Principal	1 Apr 2010	25% - 50%	829027
Michael John Stock	Secretary	1 Mar 2013	25% - 50%	5733490
Thomas Lyon Abbott	President & treasurer	1 Jan 2017	75% - 100%	4366639
Michael John Stock	Secretary & chief compliance officer	1 Jan 2017	25% - 50%	5733490
Zachary R Wolf	Director	1 Mar 2018	Other	6584058

Based in Walnut Creek

The principal office where Boltwood Capital Management performs its advisory services is located at 100 Pringle Avenue, Walnut Creek, CA 94596, 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 415-433-1550 or by fax 415-433-2537. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at boltwoodcap.com and its LinkedIn profile.