Finarc LLC (Needham)

Name: Finarc LLC
Address: 140 Kendrick Street, Needham, MA, 02494
Telephone: 781-449-8989

Finarc LLC is an adviser based in Needham. It manages $62.45 million of regulatory assets for 320 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Massachusetts, New Hampshire, and Texas.

Finarc provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and general consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Finarc: assets under management

The assets under management (AUM) of Finarc LLC is $62.45 million. The firm's AUM has grown by 80% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $60.43 million in discretionary accounts and $2.02 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $189.44 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.02 million.

Fees & Commissions

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

Careers at Finarc LLC

Catherine Friend White has been acting as President since 1 Oct 1996. Matthew Craig Slaney joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Catherine Friend White	President	1 Oct 1996	75% - 100%	1641544
Richard E. White	Spouse	1 Oct 1996	Other	xxx-xx-xxxx
Richard Edward White	Spouse	1 Oct 1996	Other	4474106
Matthew Craig Slaney	Member	1 Sep 2004	Other	2315720

Based in Needham

The principal office where Finarc LLC performs its advisory services is located at 140 Kendrick Street, Needham, MA 02494, 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 781-449-8989 or by fax 781-449-8939. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.finarc.com.