The Program Works, Inc. (Newton)

Name: The Program Works, Inc.
Address: 450 Lexington Street, Newton, MA, 02466
Telephone: 617-614-9889

The Program Works, Inc. is a large advisory firm based in Newton. It manages $260.64 million of regulatory assets for 373 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of Massachusetts.

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

The Program Works: assets under management

The assets under management (AUM) of The Program Works, Inc. is $260.64 million. The firm's AUM has grown by 334% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $246.81 million in discretionary accounts and $13.83 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $711.28 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $531.91 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Program Works, 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 The Program Works, Inc.

Jonathan Harrison Staley has been acting as President since 1 Nov 1990. Jonathan Brooks Indra Staley joined the executive team most recently as the Co Trustee.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan Harrison Staley	Chairman	1 Nov 1990	Other	4889349
Jonathan H. Staley	Chairman	1 Nov 1990	75% - 100%	xxx-xx-xxxx
Chitra Raghavan Staley	Chief compliance officer	1 Oct 2004	Other	727441
Kimberly Rector Clouse	President	1 Feb 2012	Other	2346017
Jonathan Brooks Indra Staley	Co-trustee	1 Dec 2012	Other	6315278
Storm Krishna Staley	Co-trustee	1 Dec 2012	Other	6315279
Chitra Staley Subchapter S Trust	Owner	1 Dec 2012	75% - 100%	46-6470809

Based in Newton

The principal office where The Program Works, Inc. performs its advisory services is located at 450 Lexington Street, Newton, MA 02466, 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 617-614-9889 or by fax 617-231-0669. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at tpwfinancial.com.