Mascoma Wealth Management LLC is a large advisory firm based in Hanover. It manages $206.05 million of regulatory assets for 795 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida, Massachusetts, New Hampshire, and Vermont.
Mascoma Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Mascoma Wealth Management: assets under management
The assets under management (AUM) of Mascoma Wealth Management LLC is $206.05 million. The firm's AUM has grown by 88% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $174.44 million in discretionary accounts and $31.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $245.7 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $371.79 thousand.
Mascoma Wealth Management has custody of $9.37 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.
Investments
The firm invests in exchange traded securities the most. They account for 66% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 15% of the firm’s portfolio. Investments in investment and business development companies form 13% of the total invested assets.
