Coston, Mcisaac, And Partners Inc. (Bar Harbor)

Coston, Mcisaac, And Partners Inc. is a large advisory firm based in Bar Harbor. It manages $134.88 million of regulatory assets for 918 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Maine and Massachusetts.

Coston, Mcisaac, And Partners provides portfolio management for individuals and small businesses, selection of other advisers, and selection of assets held away for 401k. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Coston, Mcisaac, And Partners: assets under management

The assets under management (AUM) of Coston, Mcisaac, And Partners Inc. is $134.88 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 440% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $134.88 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $146.93 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 71% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 14% of the firm’s portfolio. Investments in government bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Coston, Mcisaac, And Partners Inc. for their services and products based on a percentage of assets under management and fixed fees. 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 Andrew Robert Shea serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Andrew Robert Shea is individuals with 918 clients and $89.88 million of assets under management. Among the 10 most similar advisory firms, Coston, Mcisaac, And Partners has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $134.88 million for 948 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.

Coston, Mcisaac, And Partners doesn't advise any private funds.

Careers at Coston, Mcisaac, And Partners Inc.

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 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.

Andrew Robert Shea has been acting as President since 1 Jul 2015. Maurice Joseph Mcisaac joined the executive team most recently as the Ceo.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Maurice Joseph Mcisaac	Ceo	1 Mar 2015	25% - 50%	3132473
Paul Arnold Coston	Cfo	1 Mar 2015	25% - 50%	54972
Chester Gary Lloyd	Cco	1 Mar 2015	25% - 50%	4590727
Andrew Robert Shea	President	1 Jul 2015	50% - 75%	3228499

Based in Bar Harbor

The principal office where Coston, Mcisaac, And Partners Inc. performs its advisory services is located at 38 Rodick Street Suite B, Bar Harbor, ME 04609 1806, 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 207-288-4747 or by fax 207-288-2234. The normal business hours are 8:30-5:00 on Monday - Friday.