Bigelow Investment Advisors, LLC (Portland)

Name: Bigelow Investment Advisors, LLC
Address: 4 Moulton Street, Portland, ME, 04101
Telephone: 207-772-2900

Bigelow Investment Advisors, LLC is a large advisory firm based in Portland. It manages $294.73 million of regulatory assets for 755 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of California, Colorado, Florida, and 5 other states.

Bigelow Investment Advisors 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 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Bigelow Investment Advisors: assets under management

The assets under management (AUM) of Bigelow Investment Advisors, LLC is $294.73 million. The firm's AUM has grown by 1021% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $246.34 million in discretionary accounts and $48.39 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $340.25 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.56 million.

Bigelow Investment Advisors has custody of $82.35 million in cash and securities for 173 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is investment and business development companies, which make up 32% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bigelow Investment Advisors, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Bigelow Investment Advisors 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 Bigelow Investment Advisors is high net worth individuals with 76 clients and $118.1 million of assets under management. Among the 9 most similar advisory firms, Bigelow Investment Advisors has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $294.73 million for 432 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.

Bigelow Investment Advisors doesn't advise any private funds.

Careers at Bigelow Investment Advisors, LLC

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 are 2 people 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
Kathryn Marie Dion	Chief compliance officer/managing member	1 Mar 2007	25% - 50%	5317814
Gary Lloyd Robinson	Ceo	1 Mar 2007	25% - 50%	4390510
Gorham Savings Bank	Partner	1 Aug 2008	25% - 50%	01-0078890
John Benjamin Wootten	Principal	1 Jan 2018	Other	1024405
William Mill Hunter	Principal	1 Jan 2018	Other	5044458

Based in Portland

The principal office where Bigelow Investment Advisors, LLC performs its advisory services is located at 4 Moulton Street, Portland, ME 04101, which is also the mailing address of the firm. An additional office of the firm is in Brunswick, ME. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 207-772-2900 or by fax 207-772-2906. The normal business hours are 8:30 to 4:30 on Monday - Friday. You can find more information about the New York firm at bigelowadvisors.com and its LinkedIn profile.