Moors & Cabot, INC
Assets Under Management
$3.1B
Number of Clients
4,509
Number of Advisors
69
Average Client AUM
$686K
AUM per Advisor
$44.9M
Compensation
Commission-BasedFee-Only (AUM)Fixed/Hourly
About This Firm
Moors & Cabot, founded in 1890, offers investment advisory services through its Portfolio Management Program (PMP), referrals to third-party wrap fee programs, and financial planning services. They provide advice on various securities and tailor recommendations to individual client needs and objectives.
Fee Structure
Moors & Cabot charges management fees based on either a flat percentage or a tiered fee rate schedule applied to the total account value. The specific fee is negotiable, with a minimum rate of 0.5% and a maximum of 1.5%, unless approved by senior management. They also offer financial planning services with fees typically exceeding $500, based on fixed or hourly rates negotiated with the advisor. Fees may be offset by commissions received from implementing planning recommendations.
Areas of Practice
Location
One Federal Street, 19th Floor, Boston, MA, 02110