Wellesley Asset Management, Inc.

RIASEC RegisteredEst. 2002

Total AUM

$2B

Discretionary

$2B

100% of AUM

Avg account

$1M

Accounts

1,956

Employees

Advisory reps

Firm details

Headquarters: Portsmouth, New Hampshire
CRD number: 116176
Registered since: June 27, 2002
Website: www.wellesleyassetmanagement.com
Custodians: CHARLES SCHWAB & CO., INC., UBS FINANCIAL SERVICES INC., FIDELITY DISTRIBUTORS COMPANY LLC, WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Investment Companies39.2%
HNWI24.46%
Individuals19.78%
Pooled Investment Vehicles6.92%
Pension & Profit Sharing Plans6.35%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Wellesley Asset Management, Inc. is a SEC-registered investment adviser founded in 2002 that operates as a corporation and is classified in the data as a hedge-fund-style manager. It serves a mix of individuals and families as well as institutional clients, providing portfolio management for individuals/small businesses, investment companies, pooled investment vehicles and other institutions. The firm charges both a percentage-of-assets fee and performance-based fees, and it is not identified as an active ESG investor. Wellesley has been recognized in industry lists, including mentions in FA Magazine (2020) and Forbes (2023 and 2024).