New England Investment Consultants, Ltd. (Providence)

New England Investment Consultants, Ltd. is a large advisory firm based in Providence. It manages $583.71 million of regulatory assets for 491 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Connecticut, Florida, and 7 other states.

New England Investment Consultants provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and consulting. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

New England Investment Consultants: assets under management

The assets under management (AUM) of New England Investment Consultants, Ltd. is $583.71 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 86% of the total AUM. The second-largest asset type is exchange traded securities, which make up 3% of the firm’s portfolio. Investments in government bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay New England Investment Consultants, Ltd. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients New England Investment Consultants serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of New England Investment Consultants is pension and profit sharing plans with 87 clients and $371.63 million of assets under management. Among the 7 most similar advisory firms, New England Investment Consultants has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $583.71 million for 491 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.

New England Investment Consultants doesn't advise any private funds.

Careers at New England Investment Consultants, Ltd.

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Sergio Anthony Decurtis	Cco	1 Oct 2006	75% - 100%	2216864

Based in Providence

The principal office where New England Investment Consultants, Ltd. performs its advisory services is located at 790 North Main Street, Providence, RI 02904, 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 401-274-5000 or by fax 401-274-1635. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday.