Voyageur Asset Management (Ma) Inc. (Boston)

Voyageur Asset Management (Ma) Inc. is a large advisory firm based in Boston. It manages $505.89 million of regulatory assets for 276 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California, Colorado, Connecticut, and 17 other states.

Voyageur Asset Management (Ma) provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Voyageur Asset Management (Ma): assets under management

The assets under management (AUM) of Voyageur Asset Management (Ma) Inc. is $505.89 million. The firm's AUM has gone down by -17% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $432.53 million in discretionary accounts and $73.36 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.64 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $6.11 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Voyageur Asset Management (Ma) 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.

Careers at Voyageur Asset Management (Ma) Inc.

Lisa Ann Ferris has been acting as President since 1 May 2002. Mark Douglas Pratt joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Rbc Dain Rauscher Corp.	Shareholder	1 Feb 2002	75% - 100%	41-1228350
Lisa Ann Ferris	Director	1 May 2002	Other	2357061
Daniel Joseph Collins	Cfo, director	1 May 2002	Other	4220092
John Godfrey Taft	Ceo, director	1 May 2002	Other	1007933
James Frederick Mccain	Compliance manager	1 May 2002	Other	2668895
Bentley Jay Anderson	Secretary	1 May 2002	Other	2754365
Mark Andrew Hirst	Coo	1 Nov 2002	Other	4619365
Michael Thomas Lee	Coo	1 Jun 2003	Other	2404178
James Frederick Mccain	Director of compliance	1 Nov 2003	Other	2668895
Deborah Joy Kermeen	Cfo	1 Feb 2004	Other	2235924
Michael Thomas Lee	Director and coo	1 Feb 2004	Other	2404178
Mark Douglas Pratt	Chief compliance officer	1 Sep 2004	Other	4814235

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Royal Bank Of Canada	Parent company	1 Mar 2002	75% - 100%	13-5357855
Rbc Holdings (Usa) Inc.	Indirect owner	1 Mar 2002	75% - 100%	13-3237290
Rbc Holdings (Usa) Inc.	Indirect owner	1 Oct 2003	75% - 100%	13-3237290
Rbc Usa Holdco Corp.	Indirect owner	1 Oct 2003	75% - 100%	20-0263684

Based in Boston

The principal office where Voyageur Asset Management (Ma) Inc. performs its advisory services is located at One Beacon St, Boston, MA 02108, 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 617-725-2300 or by fax 617-725-2407. The normal business hours are 9:00 a.m. 5:30 p.m. on Monday - Friday.