Bainco International Investors LLC (Boston)

Name: Bainco International Investors LLC
Address: 699 Boylston Street, Boston, MA, 02116
Telephone: 617-536-0333

Bainco International Investors LLC is a large advisory firm based in Boston. It manages $901.87 million of regulatory assets for 680 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Massachusetts, and 5 other states.

Bainco International Investors 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.

Bainco International Investors: assets under management

The assets under management (AUM) of Bainco International Investors LLC is $901.87 million. The firm's AUM has grown by 22% since the beginning of its operation, and $37.94 million of the total AUM is attributable to clients outside of the United States.

The firm manages $774.59 million in discretionary accounts and $127.29 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.4 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.02 million.

Bainco International Investors has custody of $136.49 million in cash and securities for 28 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is investment and business development companies, which make up 21% of the firm’s portfolio. Investments in state and local bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Bainco International Investors LLC 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 Bainco International Investors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Bainco International Investors is high net worth individuals with 74 clients and $849.67 million of assets under management. Among the 10 most similar advisory firms, Bainco International Investors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $855.84 million for 86 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 4% of the firm’s clients are foreign persons or businesses.

Bainco International Investors doesn't advise any private funds.

Careers at Bainco International Investors LLC

The company employs 18 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 11 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.

Bainco International Investors LLC is owned by Jeffrey Matthew Mortimer. Justin Joseph Dumouchelle has served as the Chief Investment Officer since 1 Dec 2017. Jessica B Foley joined the executive team most recently as the Member/Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Samuel Eugene Bain	Chief compliance officer/managing member	1 Apr 1998	50% - 75%	820123
Robert Gary Katz	Member	1 Apr 1998	Other	1757493
Thomas Patrick Reilly	Member	1 Apr 1998	Other	827625
Abigail Marr	Member	1 Apr 1998	Other	1808284
Albert Simon Waxman	Member	1 Apr 1998	Other	3093440
Florence Falzone Courtrightlucas	Member	1 Apr 1998	Other	3093442
Donald Edward Creamer	Member	1 Apr 1998	Other	3093444
Roger A Lindsay	Member	1 Apr 1998	Other	4348302
Abigail Psyhogeos	Member	1 Apr 1998	Other	1808284
Florence Falzone Courtright Lucan	Member	1 Apr 1998	Other	3093442
Maple Swan	Member	1 Apr 1998	Other	canadian
Florence Falzone Courtright Lucas	Member	1 Apr 1998	Other	3093442
Christopher Yates Shepler	Member	1 Jan 2002	Other	2839135
Llc Alpha Omega Kappa	Member	1 Oct 2002	Other	04-3517630
Charles Alexander Willhoit	Member	1 Jul 2003	Other	2773302
Gregory Scott Geiling	Member	1 Jul 2003	Other	2531227
Mark Douglas O'keefe	Member, chief financial officer	1 Apr 2005	Other	4643378
Roger Lindsay	Member	1 Jan 2009	Other	canadian
Jr. 2009 Qualified Annuity Trust Bii 3 Samuel E. Bain	Owner	1 Dec 2009	Other	27-6455840
Jr. 2009 Qualified Annuity Trust Bii 4 Samuel E. Bain	Owner	1 Dec 2009	Other	27-6455868
Jr. 2009 Qualified Annuity Trust Bii 5 Samuel E. Bain	Owner	1 Dec 2009	Other	27-6455877
Jeffrey Matthew Mortimer	Owner	1 Sep 2010	Other	2497060
Susan E Dahl	Member, chief investment officer	1 Jan 2012	Other	1784216
Bain Family 2009 Irrevocable Trust	Member	1 Dec 2014	Other	27-6384300
Isabel Rosen Scharmer	Member	1 Dec 2017	Other	2712568
Jessica B Foley	Member	1 Dec 2017	Other	3094399
Justin Joseph Dumouchelle	Member/chief investment officer	1 Dec 2017	Other	5003041
Isabel Rosen Scharmer	Member	1 Jan 2018	Other	2712568
Justin Joseph Dumouchelle	Member/chief investment officer	1 Jan 2018	Other	5003041
Jessica B Foley	Member/chief compliance officer	1 Jul 2019	Other	3094399

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
James Fontanella	Trustee	1 Dec 2014	Other	6471134
Jessica B Foley	Trustee	1 Dec 2014	Other	3094399

Based in Boston

The principal office where Bainco International Investors LLC performs its advisory services is located at 699 Boylston Street, Boston, MA 02116, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-536-0333 or by fax 617-456-3039. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at bainco.com.