Jacob Murray is a CFP-designated registered investment advisor at Bay Colony Advisors, based in Concord, MA, with 10 years of industry experience. Jacob 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
86 Baker Avenue Extension, Suite 310, Concord, MA, 01742
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Jacob works as a financial advisor for Legacy Wealth Management, operating under the DBAs The Patriot Financial Group and Patriot Financial Group. He dedicates about a quarter of his time to financial planning and fund analysis, and nearly full-time hours to securities trading.
Employment History
Current Registrations
Bay Colony Advisors
Previous Registrations
Securities America, INC.Broker
The Patriot Financial Group, LLC
LPL Financial LLCBroker
Valmark Securities, 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.