Colman Knight Advisory Group, LLC (Carlisle)

Name: Colman Knight Advisory Group, LLC
Address: 18 Audubon Lane, Carlisle, MA, 01741 1500
Telephone: 978-371-2015

Colman Knight Advisory Group, LLC is a large advisory firm based in Carlisle. It manages $112.11 million of regulatory assets for 296 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Florida, Massachusetts, New Hampshire, and Texas.

Colman Knight Advisory Group 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 also engages as tax preparation services.

Colman Knight Advisory Group: assets under management

The assets under management (AUM) of Colman Knight Advisory Group, LLC is $112.11 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 57% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 21% of the firm’s portfolio. Investments in exchange traded securities form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Colman Knight Advisory Group, LLC for their services and products based on hourly charges 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.

What kind of clients Colman Knight Advisory Group serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Colman Knight Advisory Group is high net worth individuals with 40 clients and $96.73 million of assets under management. Among the 10 most similar advisory firms, Colman Knight Advisory Group has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $112.11 million for 90 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.

Colman Knight Advisory Group doesn't advise any private funds.

Careers at Colman Knight Advisory Group, LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gayle Knight Colman	Managing member	1 Jan 2003	50% - 75%	1397812
Richard Keith Colman	Chief compliance officer & managing member	1 Jan 2003	25% - 50%	4624978

Based in Carlisle

The principal office where Colman Knight Advisory Group, LLC performs its advisory services is located at 18 Audubon Lane, Carlisle, MA 01741 1500, 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 978-371-2015 or by fax 978-369-1504. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at colmanknight.com.