Lowell Blake & Associates Inc. (Boston)

Name: Lowell Blake & Associates Inc.
Address: 141 Tremont Street, Boston, MA, 02111 1209
Telephone: 617-422-0064

Lowell Blake & Associates Inc. is a large advisory firm based in Boston. It manages $516.52 million of regulatory assets for 457 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut, Massachusetts, New Hampshire, and 4 other states.

Lowell Blake & Associates 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.

Lowell Blake & Associates: assets under management

The assets under management (AUM) of Lowell Blake & Associates Inc. is $516.52 million. The firm's AUM has gone down by -11% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $63.84 million in discretionary accounts and $452.68 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.3 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.11 million.

Lowell Blake & Associates has custody of $372.44 million in cash and securities for 387 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 68% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 14% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lowell Blake & Associates Inc. for their services and products based on a percentage of assets under management, hourly charges, 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 James Hale Lowell serves?

The firm provides services to individuals, insurance companies, charitable organizations, and high net worth individuals. The largest group of clients of James Hale Lowell is high net worth individuals with 75 clients and $232.31 million of assets under management. Among the 10 most similar advisory firms, Lowell Blake & Associates has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $357.97 million for 221 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.

Lowell Blake & Associates doesn't advise any private funds.

Careers at Lowell Blake & Associates Inc.

The company employs 10 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 6 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Lowell Blake & Associates Inc. is owned by Linda B F Storin. James Hale Lowell has been acting as President since 1 Jan 1974. David Hart Polansky joined the executive team most recently as the Principal And Senior Research Analyst.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Hale Lowell	President	1 Jan 1974	75% - 100%	2295512
Susan Walsh Lowell	Treasurer	1 Apr 1976	Other	4379975
Rosalie Dinapoli	Vice president	1 Feb 1982	Other	4379978
Francis Parkman Coolidge	Vice president	1 May 1993	Other	4379980
Charlton Reynders	Vice president	1 Jun 1994	Other	2614296
Mark Maccallum	Vice president	1 Oct 1995	Other	2614297
Martha L Magnuson	Assistant treasurer	1 Oct 1995	Other	1796331
Janet C. Taylor	Vice president	1 Nov 1999	Other	4379986
Linda B F Storin	Owner	1 Oct 2000	Other	1761333
Charlton Reynders	Vice president and owner	1 Oct 2000	Other	2614296
James Hale Lowell	Chairman and ceo	1 Jul 2001	75% - 100%	2295512
Susan Walsh Lowell	President	1 Jul 2001	Other	4379975
Mark Maccallum	Vice president,clerk & owner	1 Jul 2001	Other	2614297
Martha L Magnuson	Treasurer and owner	1 Jul 2001	Other	1796331
Linda B F Storin	Vice president and owner	1 Jul 2001	Other	1761333
Patrick Joseph Mcveigh	Vice president	1 Jul 2001	Other	2709338
Charlton Reynders	Exec. vice president and owner	1 Jun 2003	Other	2614296
Diana Bliss Malcom	President, principal and director	1 May 2004	Other	4541633
James Hale Lowell	Principal and director	1 May 2005	50% - 75%	2295512
Linda B F Storin	Principal and director	1 May 2005	Other	1761333
Diana Bliss Malcom	Principal and director	1 May 2005	Other	4541633
Patrick Brookman Mccoy	Principal and director	1 May 2005	Other	4541635
Susan Walsh Lowell	President and principal and chief compliance officer	1 May 2005	Other	4379975
Rosalie Dinapoli	Principal	1 May 2005	Other	4379978
Charlton Reynders	Principal	1 May 2005	Other	2614296
Mark Randall Maccallum	Secretary and clerk and principal	1 May 2005	Other	2614297
Martha L Magnuson	Treasurer and principal	1 May 2005	Other	1796331
Patrick Joseph Mcveigh	Principal	1 May 2005	Other	2709338
J. Timothy Delaney	Principal & director	1 May 2006	Other	4733528
Carrie Anne Endries	Principal and director	1 Feb 2009	Other	5291940
Mark Randall Maccallum	Principal and director	1 Jul 2009	Other	2614297
Mark Randall Maccallum	Principal and director, secretary, clerk	1 Sep 2009	Other	2614297
Carrie Anne Endries	Principal and director	1 Sep 2009	Other	5291940
Susan Walsh Lowell	President, treasurer, principal, chief compliance officer and director	1 Oct 2009	Other	4379975
Carrie Anne Endries	Secretary, clerk, principal and director	1 Oct 2009	Other	5291940
Susan Walsh Lowell	President,principal, chief compliance officer and director	1 May 2010	Other	4379975
Nicole Francine Gagliardi	Treasurer, principal and director	1 May 2010	Other	5804536
Nicole Francine Greenhill	Treasurer, principal and director	1 May 2010	Other	5804536
John Timothy Delaney	Principal and investment strategy	1 May 2017	Other	4733528
David Hart Polansky	Principal and senior research analyst	1 Jun 2017	Other	6714671

Based in Boston

The principal office where Lowell Blake & Associates Inc. performs its advisory services is located at 141 Tremont Street, Boston, MA 02111 1209, 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 617-422-0064 or by fax 617-422-0744. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at lowell-blake.com.