Ballentine Partners
Assets Under Management
$12.0B
Number of Clients
333
Number of Advisors
74
Average Client AUM
$36.1M
AUM per Advisor
$162.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Ballentine Partners provides objective advice on financial strategies and investment management. They serve families with $4 million or more in investment assets, specializing in privately-owned wealth. Services include investment strategy, estate planning, tax planning, cash flow planning, and family office administration. They do not sell insurance or investment products.
Fee Structure
Ballentine Partners' fees are based on a percentage of assets under management, a flat fee, or project fees. For high-net-worth clients, the standard tiered fee schedule ranges from 0.95% to 0.25% of the portfolio value annually, with a minimum annual fee of $40,000. For family office clients, the standard tiered fee schedule ranges from 0.60% to 0.10% of the portfolio value annually, with a minimum annual fee of $180,000. Fixed service fees for family office clients are negotiable, generally ranging from $180,000 to $500,000 annually. They may also charge fees for serving as trustee or similar roles, typically ranging between $3,000 and $5,000 per trust or entity. Bill payment administration services range from $10,000 to $50,000 per year.
Areas of Practice
Location
230 3rd Avenue, Suite 6, Waltham, MA, 02451