MYSTIC ASSET MANAGEMENT
Firm details
- Headquarters
- WARWICK, Rhode Island
- CRD number
- 170361
- Registered since
- April 7, 2014
- Custodians
- CHARLES SCHWAB & CO., INC.
- Fee structure
- Percentage of AUM, Hourly Charges, Fixed Fees, Commissions
- Client types
- HNWI64.86%
- Banking / Thrift Institutions23.95%
- Charitable Organizations7.77%
- Individuals3.42%
- Services
- Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers
Firm profile
FINTRXOverview
Mystic Asset Management is an independent, privately owned registered investment adviser that first registered with the SEC in 2014. Organized as a corporation and owned by an individual, the firm acts as a capital allocator for both individual/family and institutional clients. Its advisory services include financial planning, portfolio management for individuals, small businesses and institutions, and the selection of third‑party advisers. Fee arrangements are flexible and include percentage‑of‑AUM billing as well as hourly, fixed fee and commission structures. Mystic does not identify as an active ESG investor and is not registered as a multistate adviser.
Assets & Accounts
Public Holdings
Investments & Alternatives
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities69%
- Investment Grade Corp Bonds10%
- Public Funds/Mutual Funds9%
- State & Local Bonds6%
- Cash & Cash Equivalents5%
Owners & executives
1 of 1SOTIRIOS PAPPAS
CEO and Portfolio ManagerCRD 3203303
Contacts
1 of 1DAVID ALLAIRE
Portfolio ManagerCRD 1906408
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 46Active vs passive
$48.5M in ETFs
91%
$44M
4%
$4.5M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| INVESCO QQQ TRUST SERIES 1 (QQQ) | Invesco | Passive | Large Growth | $9.7M | 16,871 | 20.09% |
Location
WARWICK, RI
KENT
Location
WARWICK, RI
Headquartered in WARWICK, RI, anchoring the Boston-Worcester-Providence, MA-RI-NH-CT metro in the Northeast.
- Metro area
- Boston-Worcester-Providence, MA-RI-NH-CT
- Region
- Northeast
- County
- KENT
- Address
- 1287 Post Rd
- Time zone
- ET (UTC-5)
- Office locations
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