Congress Asset Management Company, LLP
Assets Under Management
$14.2B
Number of Clients
8,097
Number of Advisors
15
Avg. Portfolio per Client
$1.8M
Avg. Managed per Advisor
$945.8M
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
About This Firm
Congress Asset Management offers investment management services to institutional clients, high net worth individuals, and commingled investment vehicles. Services include discretionary and model portfolio management across various equity and fixed income strategies. Congress Asset constructs high-quality portfolios emphasizing growth, profitability, and valuation. Client portfolios generally include exchange-listed securities, ETFs, corporate debt, and other securities.
Fee Structure
Congress Asset charges an annual fee based on a percentage of the assets they manage. The fees for separately managed accounts generally range from 0.10% to 1.00%. These fees are negotiable and can vary based on factors such as the amount of assets, client type, portfolio customization, and operational requirements. The firm also manages mutual funds and ETFs, charging a management fee as a percentage of assets under management, as detailed in each fund's prospectus.
Areas of Practice
Location
2 Seaport Lane, Boston, MA, 02210-2001