Principal Resource Inc (Holliston)


Principal Resource Inc is a large advisory firm based in Holliston. It manages $25.22 million of regulatory assets for 297 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Illinois, and 5 other states.

Principal Resource provides financial planning services, 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.

Principal Resource: assets under management

The assets under management (AUM) of Principal Resource Inc is $25.22 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $25.22 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $84.91 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Principal Resource Inc for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Principal Resource Inc

Bruce Woodman Hardy has been acting as President since 1 Jun 1996. Brian William Kelly joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Bruce Woodman Hardy President 1 Jun 1996 50% - 75% 1713101
Jerome W Anderson Secretary 1 Sep 1998 Other 3023465
Brian William Kelly Director 1 Oct 1998 Other 4377616

Based in Holliston

The principal office where Principal Resource Inc performs its advisory services is located at 360 Woodland Street, Holliston, MA 01746, 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 508-429-0975 or by fax 508-429-0940. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.priadvisors.com.