Mutual Service Corporation (Boston)

Name: Mutual Service Corporation
Address: One Beacon Street, 22 Nd Floor, Boston, MA, 02108
Telephone: (800)749-8900

Mutual Service Corporation is a large advisory firm based in Boston. It manages $905.6 million of regulatory assets for 4,688 client accounts. It has been registered with the SEC as an adviser since 2000 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.

Mutual Service Corporation provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for approximately 7,500 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mutual Service Corporation: assets under management

The assets under management (AUM) of Mutual Service Corporation is $905.6 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.6 million in discretionary accounts and $900 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $57.73 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $196.04 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mutual Service Corporation for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Mutual Service Corporation

Gerald William Ii Robinson has been acting as President since 1 Dec 1994. Phillip Buhay Valtairo joined the executive team most recently as the Cfo/Finop.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Pacific Mutual Distributors	Owner	1 Oct 1987	75% - 100%	4452
Inc. Pacific Select Distributors	Owner	1 Oct 1987	75% - 100%	4452
Audrey Lee Milfs	Secretary	1 Dec 1987	Other	1479205
Steven Tracy Shelton	Crop	1 Mar 1989	Other	1141344
Thomas Cole Sutton	Director	1 May 1989	Other	1479196
John Charles Prost	Assistant vice president	1 May 1992	Other	1403169
John Lincoln Dixon	President & ceo	1 Oct 1993	Other	68827
Glenn Stanley Schafer	Director & chairman	1 Oct 1993	Other	1854809
Gerald William Ii Robinson	Director	1 Dec 1994	Other	401613
Dennis Stanley Kaminski	Senior vice president, asst. secretary, cao	1 Mar 1995	Other	1013459
John William Jr Poff	Exec vice president, treasurer, coo	1 Mar 1995	Other	1159873
John Lincoln Dixon	Chairman of the board	1 Apr 2001	Other	68827
Dennis Stanley Kaminski	Executive vice president, asst. secretary, cao	1 Apr 2001	Other	1013459
John William Jr Poff	President, treasurer, coo	1 Apr 2001	Other	1159873
Gari Craig Sanfilippo	Crop	1 Sep 2002	Other	4151931
David Clifford Sr. Becker	Finop, 1st vice president	1 Apr 2003	Other	4635972
Timothy James Lyle	Sr. vice president/cco	1 Jan 2005	Other	1111138
Llc Pacific Select Group	Owner	1 Dec 2005	75% - 100%	95-1079000
Llc Lpl Independent Advisor Service Group	Managing member	1 Jun 2007	75% - 100%	95-3793471
Esther Marion Stearns	Director	1 Jun 2007	Other	1088948
Stephanie Leigh Brown	Director	1 Jun 2007	Other	1973369
William Edward Iii Dwyer	Director	1 Jun 2007	Other	1274680
John Andrew Kalbaugh	Chief executive officer	1 Jul 2007	Other	1821773
Stephanie Leigh Brown	Director/secretary	1 Aug 2007	Other	1973369
John Andrew Kalbaugh	Chief executive officer/chairman/director	1 Apr 2008	Other	1821773
John Michael Mcgivney	Sr. vice president/chief compliance officer	1 Feb 2009	Other	1001787
Phillip Buhay Valtairo	Cfo/finop	1 Sep 2009	Other	4481362
Kathleen Denise Vannoy Pineda	Chief compliance officer	1 Sep 2009	Other	1347526

Indirect Owners

The SEC currently registers 15 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Pacific Mutual Life Inc.	Owner	1 Oct 1987	75% - 100%	95-0179000
Pacific Life Insurance Company	Owner	1 Oct 1987	75% - 100%	95-0179000
Pacific Mutual Holding Company	Shareholder	1 Sep 1997	75% - 100%	33-0769202
Pacific Life Corp	Shareholder	1 Sep 1997	75% - 100%	33-0769203
Pacific Life Insurance Co	Shareholder	1 Dec 2005	75% - 100%	105169
Inc. Lpl Investment Holdings	Principal stockholder	1 Dec 2005	75% - 100%	04-3046611
David Nmi Bonderman	Stockholder	1 Dec 2005	25% - 50%	xxx-xx-xxxx
James George Coulter	Stockholder	1 Dec 2005	25% - 50%	xxx-xx-xxxx
L.P. Hellman & Friedman Capital Partners V	Stockholder	1 Dec 2005	25% - 50%	01-0818596
Llc Hellman & Friedman Investors V	General partner	1 Dec 2005	Other	01-0818590
William Stanley Iii Price	Stockholder	1 Dec 2005	25% - 50%	xxx-xx-xxxx
Iv L.P. Tpg Genpar	General partner	1 Dec 2005	Other	20-0347947
Inc. Tpg Advisors Iv	General partner	1 Dec 2005	Other	20-0348083
L.P. Tpg Partners Iv	Stockholder	1 Dec 2005	25% - 50%	20-0347894
Inc. Lpl Holdings	Managing member	1 Jun 2007	75% - 100%	04-3046611

Based in Boston

The principal office where Mutual Service Corporation performs its advisory services is located at One Beacon Street, 22 Nd Floor, Boston, MA 02108, which is also the mailing address of the firm. An additional office of the firm is in Minneapolis, MN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (800)749-8900 or by fax (561)835-1920. The normal business hours are 8:30 am to 5:00 pm est on Monday - Friday. You can find more information about the New York firm at www.mutualservice.com.