CHOATE INVESTMENT ADVISORS

RIASEC RegisteredEst. 1996

Total AUM

$10B

Discretionary

$9.3B

92% of AUM

Avg account

$2.5M

Accounts

4,009

Employees

Advisory reps

Firm details

Headquarters: BOSTON, Massachusetts
CRD number: 106109
Registered since: November 29, 1996
Website: www.choatewealth.com
Custodians: LIMITED PURPOSE FEDERAL SAVINGS ASSOCIATION
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI93.26%
Charitable Organizations5.41%
Pooled Investment Vehicles0.88%
Individuals0.45%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other AdvisersPublication of Periodicals

Firm profile

FINTRX

Overview

Choate Investment Advisors is an independent, SEC-registered advisory firm organized as an LLC and operating since the mid-1990s. The firm acts as a capital allocator for both individual and institutional clients, offering financial planning alongside discretionary and non-discretionary portfolio management for individuals, pooled vehicles, businesses and institutions. Choate also selects sub‑advisers and produces periodic written commentary. Its compensation arrangements include percentage-of-assets, hourly and fixed-fee models. The firm identifies as an active ESG investor and lists a law firm among its industry affiliations. Choate has been recognized in several industry rankings: it appeared in Financial Times’ Top 300 RIA Firms in 2020, in FA Magazine’s Top RIA Firms in 2020, and has been included in Barron’s Top 100 RIA Firms each year from 2021 through 2024.