New World Advisors Llc (Hingham)
New World Advisors Llc Is a Large Advisory Firm Based in Hingham. It Manages $224.45 Million of Regulatory Assets for 98 Client Accounts. It Has Been...
New World Advisors LLC is a large advisory firm based in Hingham. It manages $224.45 million of regulatory assets for 98 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Massachusetts.
New World Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
New World Advisors: assets under management
The assets under management (AUM) of New World Advisors LLC is $224.45 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 25% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $224.45 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.29 million each.
Investments
The firm invests in exchange traded securities the most. They account for 68% of the total AUM. The second-largest asset type is investment and business development companies, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.
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