Wealth manager, independent · Waltham, MA
Ballentine Partners
Ballentine Partners, LLC · SEC-registered investment adviser · CRD 152802 · SEC 801-71062
At a glance
Ballentine Partners is an SEC-registered investment adviser based in Waltham, Massachusetts, with $15B in regulatory assets under management as of its Form ADV filed September 23, 2026. It reports 342 individual clients, 342 of them high-net-worth, holding an average of about $43 million each, and 125 employees. That ranks it 62nd among the nation’s 5,657 independent wealth management RIAs and 4th of 202 in Massachusetts. It reports Fidelity as the custodian for its clients’ separately managed accounts.
Main office 781-314-1300ballentinepartners.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $15B
- Rank among independent wealth managers
- #62 of 5,657
- Rank among all SEC RIAs
- #1,034 of 17,210
- Rank in Massachusetts
- #4 of 202
- Individual clients
- 342
- High-net-worth clients
- 342
- Accounts
- 7,401
- Discretionary
- 73% of AUM
- Employees
- 125
- Advisory staff
- 87
- Offices
- 5
Owners and executives on its Form ADV
- Kyle J. SchafferElected Manager
- Andrew J. McMorrowPresident, CEO, Elected Manager
- Coventry Edwards-PittChief Creative Officer
- John B. TubmanChief Operating Officer
- Jayson S. DeangelisChief Development Officer
- Jennifer M. EatonElected Manager
- Laurie A. GabrielElected Manager
- Mark N. WilliamsonElected Manager
- Christopher C ChandlerChief Investment Officer
- Peter ChiappinelliChief Investment Officer
- Stephen H. HopkinsChairman, Elected Manager
- Sean T. ClearyChief Compliance Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Ballentine Partners reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 342 | $15B | 97% |
| Pooled investment vehicles | 8 | $431M | 3% |
| Charitable organizations | 3 | $40M | <1% |
Private funds
Ballentine Partners reports 10 private funds with $504M in gross assets: private equity funds, real estate funds (Form ADV Item 7.B).
Disciplinary disclosures
Ballentine Partners reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Selecting other advisers
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗ballentinepartners.com ↗
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The full record on Ballentine Partners
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 270 peers of its type and size
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- Owners and executives, with titles and stakes
- 14 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Massachusetts
All of Massachusetts →| Firm | Regulatory AUM | Clients |
|---|---|---|
| SCS Capital Management LLCBoston | $49B | 491 |
| Integrated Wealth Concepts LLCWaltham | $24B | 29,187 |
| RWA Wealth PartnersBoston | $20B | 5,951 |
| CW Advisors, LLCBoston | $15B | 6,426 |
| Loring, Wolcott & Coolidge Fiduciary Advisors, LLPBoston | $13B | 3,214 |
| Choate Investment AdvisorsBoston | $10B | 614 |
Compare Ballentine Partners with
- Ballentine Partners vs Evercore Wealth Management, LLC $16B · New York, NY
- Ballentine Partners vs Osaic Advisory Services, LLC $15B · Atlanta, GA
- Ballentine Partners vs CW Advisors, LLC $15B · Boston, MA
- Ballentine Partners vs CV Advisors LLC $15B · Aventura, FL
Background
Questions
How much does Ballentine Partners manage?
Ballentine Partners reports $15B in regulatory assets under management across 7,401 accounts, 73% of it on a discretionary basis, on its Form ADV filed September 23, 2026.
How many clients does Ballentine Partners have?
It reports 342 individual clients: 342 high-net-worth individuals and 0 other individuals. Individuals account for about 97% of its regulatory assets.
Where is Ballentine Partners headquartered?
Its main office is in Waltham, Massachusetts. It reports 5 offices in total and 125 employees, 87 of whom perform investment advisory functions.
How does Ballentine Partners charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees; other. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Ballentine Partners use?
It reports Fidelity as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed September 23, 2026, it reports these amounts held: Fidelity ($7.5B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Ballentine Partners a hybrid RIA with a broker-dealer?
Ballentine Partners reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Ballentine Partners a fiduciary?
As an SEC-registered investment adviser, Ballentine Partners owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Ballentine Partners’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-09-23), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →