Douglas Hart is a registered investment advisor at Penobscot Investment Management Company, INC., based in Boston, MA, with 31 years of industry experience. Douglas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 547 clients with $1.4B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.80% |
| $2M+ | 0.60% |
Fees are higher when Penobscot serves as trustee: 1.25% on the first $1,000,000, 1.05% on the next $1,000,000 (from $1,000,000.01 to $1,999,999.99), and 0.85% on amounts over $2,000,000. Fees may be negotiable in certain circumstances.
Fee Estimator
Location
155 Federal Street, Suite 1602, Boston, MA, 02210
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Douglas is a director at Wildlands Trust of SE Massachusetts and an honorary trustee at Emma Willard School. These activities are not investment-related.
Employment History
Current Registrations
Penobscot Investment Management Company, INC.
Previous Registrations
Penobscot Investment Management CO INC
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.