Baldwin Investment Management, LLC (West Conshohocken)

Name: Baldwin Investment Management, LLC
Address: 100 Four Falls Corporate Center, West Conshohocken, PA, 19428
Telephone: 610-260-1555

Baldwin Investment Management, LLC is a large advisory firm based in West Conshohocken. It manages $702.55 million of regulatory assets for 953 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Delaware, Florida, New York, Pennsylvania, and Texas.

Baldwin Investment Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Baldwin Investment Management: assets under management

The assets under management (AUM) of Baldwin Investment Management, LLC is $702.55 million. The firm's AUM has grown by 44% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $393.58 million in discretionary accounts and $308.97 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.17 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $400.22 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 64% of the total AUM. The second-largest asset type is investment and business development companies, which make up 25% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Baldwin Investment Management, LLC for their services and products based on a percentage of assets under management. 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 Baldwin Investment Management serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Baldwin Investment Management is high net worth individuals with 143 clients and $599.39 million of assets under management. Among the 10 most similar advisory firms, Baldwin Investment Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $690.49 million for 271 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.

Baldwin Investment Management doesn't advise any private funds.

Careers at Baldwin Investment Management, LLC

The company employs 8 people that are either part- or full-time employees. 100 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 compensates 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
Peter Hessenbruch Havens	Ceo, chief compliance officer & chairman of board of managers	1 May 1999	Other	4376608
Llc Baldwin Management	Sole member	1 Jul 1999	75% - 100%	23-3010166
Susan Berry Kohlhas	Member, board of managers	1 Jul 1999	Other	4376613
Herbert T. Mcdevitt	Member, board of managers	1 Aug 1999	Other	4380007
David Buten	Member, board of managers	1 Apr 2000	Other	1241450

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Jr. And Ida H. Havens Trust F/B/O Peter H. Havens W. Paul Havens	Majority interest holder	1 Jul 1999	25% - 50%	23-7891142

Based in West Conshohocken

The principal office where Baldwin Investment Management, LLC performs its advisory services is located at 100 Four Falls Corporate Center, West Conshohocken, PA 19428, which is also the mailing address of the firm. An additional office of the firm is in West Chester, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 610-260-1555 or by fax 610-260-1551. The normal business hours are 8:30 - 5:00 pm on Monday - Friday. You can find more information about the New York firm at baldwinim.com/.