The Eideard Group, LLC (Bedford)

The Eideard Group, LLC is a large advisory firm based in Bedford. It manages $539.94 million of regulatory assets for 463 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Massachusetts, New Hampshire, and Vermont.

The Eideard Group provides portfolio management for individuals and small businesses, selection of other advisers, and portfolio consulting. 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 Eideard Group: assets under management

The assets under management (AUM) of The Eideard Group, LLC is $539.94 million. The firm's AUM has grown by 1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $483.06 million in discretionary accounts and $56.88 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.23 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $801.07 thousand.

The Eideard Group has custody of $522.62 million in cash and securities for 39 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is state and local bonds, which make up 22% of the firm’s portfolio. Investments in pooled investment vehicles form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Eideard Group, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients The Eideard Group serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of The Eideard Group is pooled investment vehicles with 23 clients and $310.35 million of assets under management. Among the 10 most similar advisory firms, The Eideard Group has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $470.05 million for 52 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.

The Eideard Group doesn't advise any private funds.

Careers at The Eideard Group, LLC

The company employs 11 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. No 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.

John Paul Aubin has served as the Chief Investment Officer since 1 Jan 2006. Kevin Don Gaboriault joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Paul Aubin	Member/chief investment officer	1 Jan 2006	25% - 50%	1149435
Ronald Lewis Roberts	Managing member, chief executive officer	1 Jan 2006	Other	5103105
Llc Roberts Asset Mgt.	Member	1 Jan 2006	50% - 75%	20-1334319
Kevin Don Gaboriault	Chief compliance officer	1 Jan 2013	Other	6174864

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Ronald Lewis Roberts	Managing member	1 Sep 2004	75% - 100%	5103105

Based in Bedford

The principal office where The Eideard Group, LLC performs its advisory services is located at 360 Route 101, Bedford, NH 03110, 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 603-471-9909 or by fax 603-471-9996. The normal business hours are 9:00am to 5:00pm on Monday - Friday.