The Danforth Associates, Inc (Wellesley)

Name: The Danforth Associates, Inc
Address: One Hollis St, Suite 206, Wellesley, MA, 02482 4673
Telephone: 781-235-9100

The Danforth Associates, Inc is a multi-state adviser based in Wellesley. It manages $74.1 million of regulatory assets for 369 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Connecticut, and 21 other states.

The Danforth Associates 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.

The Danforth Associates: assets under management

The assets under management (AUM) of The Danforth Associates, Inc is $74.1 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -67% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $74.1 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $200.82 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay The Danforth Associates, Inc for their services and products based on a percentage of assets under management. 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 The Danforth Associates, Inc

David Newland Danforth has been acting as President since 1 Sep 1999. Stuart Gould Danforth joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Dana H. Danforth	Chairman & director	1 Jan 1949	75% - 100%	xxx-xx-xxxx
Dana Danforth	Chairman & director	1 Jan 1949	75% - 100%	4762170
Stuart Gould Danforth	President & director	1 Aug 1994	Other	xxx-xx-xxxx
Peter Donald Alhart	Vice president & director	1 Sep 1994	Other	xxx-xx-xxxx
David N. Danforth	Director	1 Apr 1999	Other	xxx-xx-xxxx
David Newland Danforth	Director	1 Sep 1999	Other	4762175
Bancroft R. Wheeler	Sec., clerk, dir.	1 Apr 2000	Other	xxx-xx-xxxx
Bancroft Richmond Wheeler	Sec., clerk, director	1 Apr 2000	Other	4762996
Ellen Roy Cook	Vice president & director	1 Mar 2003	Other	2385377
Stuart Gould Danforth	Chairman & director	1 Oct 2004	75% - 100%	4604232
George Thomas Padula	President & director	1 Oct 2004	Other	1922032
Steven Jon Shnaper	V.p., investment operations mgr & director	1 Oct 2008	Other	1968659
Peter Donald Alhart	President, treasurer & director	1 Oct 2008	Other	2112961
Stuart Gould Danforth	Director	1 Aug 2009	Other	4604232
Peter Donald Alhart	President, treasurer & director	1 Aug 2009	75% - 100%	2112961

Based in Wellesley

The principal office where The Danforth Associates, Inc performs its advisory services is located at One Hollis St, Suite 206, Wellesley, MA 02482 4673 The mailing address of the firm is P.O. Box 9014, Wellesley, MA 02482. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 781-235-9100 or by fax 781-235-8028. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.da-online.com.