Taylor Wealth Management Partners LLC (Boston)

Name: Taylor Wealth Management Partners LLC
Address: 50 Federal Street, Boston, MA, 02110 1285
Telephone: 617-357-4600

Taylor Wealth Management Partners LLC is a large advisory firm based in Boston. It manages $231.17 million of regulatory assets for 83 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Georgia, Louisiana, Massachusetts, and 3 other states.

Taylor Wealth Management Partners provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Taylor Wealth Management Partners: assets under management

The assets under management (AUM) of Taylor Wealth Management Partners LLC is $231.17 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -29% since the beginning of its operation, and $8.63 million of the total AUM is attributable to clients outside of the United States.

The firm manages $231.17 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.79 million each.

Taylor Wealth Management Partners has custody of $227.32 million in cash and securities for 80 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 76% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 24% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Taylor Wealth Management Partners 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 Taylor Wealth Management Partners 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 Taylor Wealth Management Partners is high net worth individuals with 36 clients and $128.43 million of assets under management. Among the 10 most similar advisory firms, Taylor Wealth Management Partners has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $231.17 million for 84 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.

Taylor Wealth Management Partners doesn't advise any private funds.

Careers at Taylor Wealth Management Partners LLC

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Hugh Russell Taylor	Managing partner and cco	1 Jan 2014	75% - 100%	1899478
Lisa M Franks	Partner	1 Jan 2014	25% - 50%	6296631
Christopher Evans Burns	Partner	1 Feb 2014	Other	1008153
Joshua Daniel Goldman	Partner	1 Jun 2014	Other	6443038
Kyle J Neidhardt	Partner	1 Jan 2019	Other	5587403

Based in Boston

The principal office where Taylor Wealth Management Partners LLC performs its advisory services is located at 50 Federal Street, Boston, MA 02110 1285, 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 617-357-4600 or by fax 617-357-4609. The normal business hours are 7:00 am to 4:00 pm on Monday - Friday. You can find more information about the New York firm at taylorwealthpartners.com and its LinkedIn profile.