Eldridge Investment Advisors Inc (Manchester)

Name: Eldridge Investment Advisors Inc
Address: 686 Chestnut St, Manchester, NH, 03104
Telephone: 603-625-8559

Eldridge Investment Advisors Inc is a large advisory firm based in Manchester. It manages $407.52 million of regulatory assets for 671 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Maine, Massachusetts, and 3 other states.

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

Eldridge Investment Advisors: assets under management

The assets under management (AUM) of Eldridge Investment Advisors Inc is $407.52 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 198% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $407.52 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $607.33 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 53% of the total AUM. The second-largest asset type is exchange traded securities, which make up 43% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Eldridge Investment Advisors 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.

What kind of clients Eldridge Investment Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Eldridge Investment Advisors is high net worth individuals with 240 clients and $194.46 million of assets under management. Among the 12 most similar advisory firms, Eldridge Investment Advisors has the 5th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $407.52 million for 649 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.

Eldridge Investment Advisors doesn't advise any private funds.

Careers at Eldridge Investment Advisors Inc

The company employs 9 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 9 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 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
Susan Brooks Eldridge	President & chief compliance officer	1 Jun 1992	75% - 100%	1232901

Based in Manchester

The principal office where Eldridge Investment Advisors Inc performs its advisory services is located at 686 Chestnut St, Manchester, NH 03104, 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 603-625-8559 or by fax 603-641-9650. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at eldridgeco.com.