Colonial Management Asssociates Inc (Boston)


Colonial Management Asssociates Inc is a large advisory firm based in Boston. It manages $11.88 billion of regulatory assets for 31 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Colorado.

Colonial Management Asssociates provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Colonial Management Asssociates: assets under management

The assets under management (AUM) of Colonial Management Asssociates Inc is $11.88 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -20% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $11.88 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $383.35 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Colonial Management Asssociates Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Colonial Management Asssociates Inc

Roger Sayler has been acting as President since 1 Nov 2001. Martha Ellen Fox joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Stephen Eugene Gibson Director, chairman of the board, president and ceo 1 Jul 1996 Other 1350488
Liberty Funds Group Llc Parent of applicant 1 Dec 1998 75% - 100% 04-2880152
Joseph Robert Palombo Director, executive vice president 1 Apr 1999 Other 2543562
Kevin Michael Carome Director, senior vice president 1 Nov 2000 Other 4307331
Jeff A Whitehead Chief financial officer 1 Jan 2001 Other 3223746
Linda Begley Vice president and chief compliance officer 1 Jan 2001 Other 2346275
Jean Susan Loewenberg Clerk and chief legal officer 1 Nov 2001 Other 1811391
Keith Banks President, chief investment officer and director 1 Nov 2001 Other 2460880
Philip John Iudice Treasurer and chief financial officer 1 Nov 2001 Other 2036589
Roger Sayler Director 1 Nov 2001 Other 1920994
Keith Thomas Banks President, chief investment officer, ceo, chairman and director 1 Nov 2001 Other 2460880
Roger A Sayler Director and executive vice president 1 Nov 2001 Other 1920994
Martha Ellen Fox Chief compliance officer 1 Jan 2003 Other 1647590

Indirect Owners

The SEC currently registers 11 indirect owners.

Name Entity Date acquired Ownership Employer ID
Liberty Financial Companies Parent of liberty financial services, inc. 1 Mar 1995 75% - 100% 04-3260640
Inc. Lfc Holdings Parent of liberty corporate holdings, inc. 1 Mar 1995 75% - 100% 04-3119501
Liberty Mutual Equity Corporation Parent of lfc holdings, inc. 1 Mar 1995 75% - 100% 04-3119508
Liberty Mutual Insurance Company Parent of liberty mutual equity corporation 1 Mar 1995 75% - 100% 04-1543470
Lfc Management Corporation Parent of liberty financial companies, inc. 1 Nov 1998 50% - 75% 04-3441689
Inc. Liberty Corporate Holdings Parent of lfc management corporation 1 Nov 1998 75% - 100% 04-3401639
Inc. Liberty Financial Services Parent of liberty funds group llc 1 Dec 1998 75% - 100% 04-2880152
Fleetboston Financial Corporation Parent of fleet national bank 1 Oct 1999 75% - 100% 05-0341325
Fleet National Bank Parent of fleet/liberty holdings, inc. 1 Oct 2001 75% - 100% 04-2472499
Inc. Fleet/Liberty Holdings Parent of liberty funds group llc 1 Nov 2001 75% - 100% 00-0000000
Inc. Columbia Management Group Parent of liberty funds group llc 1 Nov 2001 75% - 100% 01-0547933

Based in Boston

The principal office where Colonial Management Asssociates Inc performs its advisory services is located at One Financial Center, Boston, MA 02111, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 617-426-3750 or by fax 617-345-0919. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday.