Silas Witherbee is a registered investment advisor at Bay Colony Advisors, based in Acton, MA, with 41 years of industry experience. Silas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, High Net Worth, Investment Management, and 2 more. Their firm serves 2,433 clients with $1.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Bay Colony Advisors offers investment management services where fees range from 0.65% to 1.85% annually, based on the value of your portfolio. The specific fee depends on the advisor, the type of client, the complexity of their situation, and the amount of assets managed. Fees are paid quarterly, in advance. Accounts within the same household may be eligible for a discounted fee. BCA also uses model portfolios, which have an additional fee of 0.25% of the assets managed in the model portfolio.
Location
Acton, MA
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Silas is the owner of Witherbee Wealth Management LLC, a DBA name for Bay Colony Advisors. He dedicates full-time hours to this business, with a significant portion during trading hours.
Employment History
Current Registrations
Bay Colony Advisors
Previous Registrations
Cantella & CO., INC.
Cantella & CO., INC.Broker
Janney Montgomery Scott LLC
Janney Montgomery Scott LLCBroker
RBC Dain Rauscher INC.Broker
Tucker Anthony IncorporatedBroker
Smith Barney INC.Broker
Lehman Brothers INC.Broker
State Registrations1 state
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.