BOSTON’S FINANCIAL CHAMPIONS»

ICONS

JOHN HANCOCK»FIRST GOVERNOR OF MASSACHUSETTS»PRESIDENT OF THE SECOND CONTINENTAL CONGRESS One of the wealthiest men in the original thirteen colonies, John Hancock began a Boston tradition of pairing wealth with underwriting social causes when he pledged his fortune to the cause of the American revolution.

EDWARD JOHNSON III»FMR CORPA founder of the modern mutual fund industry, Ned Johnson pioneered low-cost brokerage services, charitable gift funds and investing apps. During his 39yearswiththefirm,Fidelity’s$3.9billionAUMincreasedto$1.2trillion,an increase of 30,700%.

KEN HEEBNER»CGM FUNDSKen Heebner began his legendary career with average annual returns of 24%atCGMFocusFund,but he cemented his champion status with an 80% return in2007.Lateron,Kenfellonhardtimes,butin2017hechargedbacktochampionstatuswitha45.6%gain.

LUTHER TYSON AND JACK CORBETT »PAXWORLD (IMPAX ASSET MANAGEMENT)

LutherTysonandJackCorbettwerethefirstfund managers to align investments with values. TheirPaxWorldFundwasthefirstpubliclyavailable

mutual fund in America to use social aswellasfinancialcriteriaintheinvestment decision-making process.

MASSACHUSETTS INVESTORS TRUST »(NOW MFS INVESTMENTS)Thefirstopen-endmutualfundwith redeemable shares was launchedinBostonin1924byMassachusettsInvestorsTrust.ThisprovidedmillionsofAmericans with an easier way to invest their savings without fearthattheycouldn’tredeemtheirshares.

PETER LYNCH»FIDELITY MAGELLAN PeterLynchcaptivatedthemutualfundindustryfor14yearswitharemarkable36%averageannualreturnatFidelity’sMagellanFund.HebeattheS&P500byanaverage17%eachyear.Overthesame14yearperiod,Magellan’sAUMincreasedfrom$18millionto$14billion,anincreaseof77,800%.

JIM ROSS»STATE STREET GLOBAL ADVISORS JimRossintroducedthefirstExchangeTradedFund(ETF)intheUnitedStatesatStateStreetGlobalAdvisors–oneoftheoldestfirmsin Boston and theUnitedStates.ETFsbecamewildly successful, changing the way investors trade stocks worldwide.

JOAN BAVARIA »TRILLIUMJoanBavariaisthe“FoundingMother”ofsustainable and socially responsible investing. Hervisionarycompany,Trillium,isthefirstandlargestSRIinvestmentfirmintheUnitedStates,enablingclientsto align their investments with their values. Joan proudlyusedTrilliumasan incubator to create organizations with impact, helpingtonurture USSIF, Ceres, SIRAN and OpenMIC.

Local Legends

PHO

TOS

CO

URT

ESY

OF

ATH

ENA

CAP

ITAL

AD

VISO

RS; W

ELLE

SLEY

ASS

ET

MAN

AGEM

ENT;

FID

ELIT

Y, 3

ED

GE

ASSE

T M

ANAG

EMEN

T

BOSTON’S FINANCIAL CHAMPIONS»LISETTE COOPER»ATHENA CAPITAL ADVISORSLisetteCooperearnedherfirm,AthenaCapital,repeated recognition as a top RIA year after year.Herabilitytofindopportunities in social change, such as rising gender equality, her focus on mindful investing and giving back have madeAthenaCapitalachampionforthenextgenerationofinvestors.

GREG MILLER»WELLESLEY ASSET MANAGEMENT Focusingalmostexclusivelyon convertible bonds, GregMillerofWellesleyAsset Management has claimed the top spot onMassachusetts’listofFinancialAdvisorsbyBarron’sforfour years running. His secret: offeroneofthefewfixed-incomeproducts that performs well when interest rates rise.

WILL DANOFF »FIDELITY CONTRAFUNDA true one-man band, WillDanoff,portfolio manager ofFidelityContrafundsince1990,runsthelargestactively managed stock or bond mutual fund by himself.ThischampionmanagesContrafund’sUS$108billionportfolio.

PHIL GROSS »ADAGE CAPITAL

PhilGrosshas up-ended the high fee/

spotty results model for hedge funds by charging clients only when his funds outperformspecificmarketbenchmarks.AdageCapitaleven returns money to investors when its funds miss themark.Sofar,Adagehasrefunded fees to investors twiceinthepast16years.

DARLENE MURPHY»WELLESLEY ASSET MANAGEMENTCo-founderandPortfolioManagerofWellesleyAssetManagement, Darlene hasbeenaTop100Woman-LedBusinessLeaderinMassachusettsforsixconsecutive years. As a leading financialplanner,shehashelpedinvestors of all sizes grow and protect their portfolios.

STEPHEN CUCCHIARO»3 EDGE ASSET MANAGEMENTSteveisrelatively young, but hisoldfirm,WindwardManagement, started from nothing in the late90’sandgrewto$18B. He sold the business to Schwabfor$155million.

THE NEXT GENERATION Making their Mark

(list in progress, more to come)

JOSEPH DEITCH»COMMONWEALTH FINANCIAL NETWORKCommonwealthEquityServiceswasthefirstindependent broker-dealerfirm.FormedbyJosephDeitchinBostonin1979,thecompanygrewto$156billionin assets, and Investment Advisor Magazine conferred its Broker/Dealer of the Year award to Joe ten times.

ROBERT GLOVSKY»THE COLONY GROUPBob is the father of Boston University’sCFPprogram. He is a highly successful business owner and partner in one of the largestRIAfirmsinNE.

ROBERT REYNOLDS»PUTNAM INVESTMENTSBob was named FundLeaderof the Year at the Mutual FundIndustryAwardsin2010for the strategic improvements he initiated at Putnam.FollowedbyLeaderof the Year for initiatives and innovative solutions in the workplace savings arena.

DOUG CHAMBERLAIN »APPLETON PARTNERSForfortyyears,DougChamberlainhascomplemented his legacy of investment at AppletonPartnerswithan equally impressive legacyofgivingback.Whenhe’snotdirectingAppleton,Doug serves on the board of the Franciscan’sHospitalforChildren,BayCoveHumanServicesandOpera Boston.

LISA JONES»AMUNDI PIONEER ASSET MANAGEMENT LisaJones’resumereadslikeawho’swhoofBoston’sinvestment community, and Lisahasbeenachampioninallofthem.Sheis now in charge of Amundi PioneerAssetManagementUSwithmorethan$72billionin assets under management and560employeesinBoston.

ELYSE CHERRY»BOSTON COMMUNITY CAPITAL A determined church group with $3,500andavision–that’showElyseCherrybegantobuildBostonCommunityCapitalinto an organization that has investedmorethan$1billionto support businesses and otherorganizationsthatbenefitunderserved communities acrosstheUnitedStates. 

ABIGAIL JOHNSON»FIDELITY INVESTMENTSThewealthiestperson in Massachusetts is also the ChairmanandCEOofFidelityInvestments-AbigailJohnson.Sheisthe third generation to run this vast company which holds a quarter of the market for corporate 401(k)plans.

ROY BALLENTINE»BALLENTINE PARTNERSLegendaryfinancialplanner with a stellar reputation for building a successful practice and managing some ofthemostcomplexfinancialpracticesinthecountry.

PHO

TOS

CO

URT

ESY

OF

TRIL

LIU

M A

SSET

MAN

AGEM

ENT;

CO

MM

ON

WEA

LTH

FIN

ANC

IAL

NET

WO

RK T

HE

CO

LON

Y G

ROU

P, A

PPLE

TON

PAR

TNER

S, A

MU

ND

I PIO

NEE

R AS

SET

MAN

AGEM

ENT,

BO

STO

N C

OM

MU

NIT

Y C

APIT

AL, B

ALLE

NTI

NE

PART

NER

S

Mas

sach

uset

tsM

aine

New

Ham

pshi

reRh

ode I

sland

Verm

ont

Rank Name Company City/Town

1 James Atwood MerrillLynch-PrivateBanking&InvestmentGroup Boston

2 Raj Sharma MerrillLynch-PrivateBanking&InvestmentGroup Boston

3 Susan Kaplan KaplanFinancialServices Newton

4 Peter Princi GraystoneConsulting Boston

5 Chuck Bean HeritageFinancialServices Westwood

6 Brian Strachan MorganStanleyPrivateWealthManagement Boston

7 Greg Miller WellesleyAssetManagement Wellesley

8 Sean Dillon UBSFinancialServices Boston

9 Richard F. Connolly, Jr. MorganStanleyPrivateWealthManagement Boston

10 Devin Condron MorganStanleyPrivateWealthManagement Boston

1 Gibson Wilkes HighTowerAdvisors Portland

2 Todd Doolan MorganStanleyWealthManagement Portland

3 Josh Burns MorganStanleyWealthManagement Portland

4 Eric Dexter WellsFargoAdvisors Portland

5 Nichole Raftopoulos NvestFinancialGroup Kennebunk

6 Lance Hoenig AmeripriseFinancial Springvale

1 Sean Doyle MerrillLynchWealthManagement Manchester

2 Bob Bonfi glio AmeripriseFinancial Bedford

3 John Habig MorganStanleyWealthManagement Portsmouth

4 Tom Sedoric WellsFargoAdvisors Portsmouth

5 Rob Carrigg, Jr. MerrillLynchWealthManagement Portsmouth

6 Gary Pelletier NortheastPlanningAssociates Nashua

1 Malcolm Makin ProfessionalPlanningGroup/RaymondJames Westerly

2 Edythe De Marco MerrillLynchWealthManagement Providence

3 Dennis McGuire WellsFargoAdvisors Charlestown

4 Jeff rey Martin MorganStanleyWealthManagement Providence

5 Tricia O’Neil MorganStanleyWealthManagement Providence

6 Jeff Loring LoringAdvisoryGroup Greenville

1 Tim Stotz MorganStanleyWealthManagement Colchester

2 Brian Pelkey MorganStanleyWealthManagement Colchester

3 Christopher Dubie MorganStanleyWealthManagement Colchester

4 CJ Charlebois Melendy AmeripriseFinancial Williston

5 Danielle Gilbert-RichardMerrillLynchWealthManagement Burlington

FORBES 2018 BEST-IN-STATE WEALTH ADVISORS

FINANCIAL ADVISOR MAGAZINE: TOP 50 FASTEST GROWING RIA FIRMS (+$250AUM)(MASSACHUSETTS)

22 Adviser Investments, Newton

DanSilver,President,CEO&CO-Founder

39 Wellesley Investment Partners, WelleseleyLouisCrosier,President

2017 BEST-IN-BUSINESS IMPACT AWARD™(CHARLES SCHWAB)

Heritage Financial Services, LLC CharlesBean,III,CEOWestwood

HOW YOU MEASURE-UPACCORDING TO THE TRADE PRESS

721 SEC-REGISTERED INVESTMENT ADVISORS

266/37% WITH > $1B AUM

OVER $12 TRILLION TOTAL AUM

(FIVE-STATENEWENGLAND)

BY THE NUMBERS

BARRON’S 2018 TOP ADVISOR RANKINGS

Rank Name Company City/Town

1 Greg Miller WellesleyAssetMgmt Wellesley

2 James Atwood MerrillLynchPBIG Boston

3 Peter Princi GraystoneConsulting Boston

4 Raj Sharma MerrillLynchPBIG Boston

5 Richard Connolly MorganStanleyPWM Boston

6 Susan Kaplan KaplanFinancialSvcs Newton

7 Kevin Grimes Grimes&Company Westborough

8 Dan Wiener Adviser Investments Newton

9 Brian Strachan MorganStanleyPWM Boston

10 Victor Livingstone MorganStanleyPWM Boston

1 Todd Doolan MorganStanleyWealthMgmt Portland

2 Jeremiah Burns MorganStanleyPWM Portland

3 Brian Clement RBCWealthMgmt Portland

4 Gibson Wilkes WilkesDuffyWMatHighTower Portland

5 Jeffrey Kolod EdwardJones Eliot

6 Thomas Gower III UBSFinancialSvcs Bangor

1 John Habig MorganStanleyWealthMgmt Portsmouth

2 Robert Bonfiglio AmeripriseFinancial Bedford

3 Brian Doyle WellsFargoAdvisors Hanover

4 Sean Doyle MerrillLynchWealthMgmt Manchester

5 Stephen Loughman WellsFargoAdvisors Hanover

6 Marc Chareth EdwardJones Milford

1 Malcolm Makin RaymondJames Westerly

2 David Reiser MorganStanleyWealthMgmt Newport

3 Edythe De Marco MerrillLynchWealthMgmt Providence

4 John Zitzmann MorganStanleyWealthMgmt Providence

5 Joseph Hassett JanneyMontgomeryScott Providence

6 Denise Roberts MorganStanleyWealthMgmt Newport

1 Tim Stotz MorganStanleyWealthMgmt Colchester

2 Brian Pelkey MorganStanleyWealthMgmt Colchester

3 Timothy O’Brien UBSFinancialSvcs SouthBurlington

4 Donald W. Tynion II UBSFinancialSvcs SouthBurlington

5 Jeff Dannies MorganStanleyWealthMgmt Burlington

6 Jennifer Kelley WellsFargoAdvisors Burlington

Mas

sach

uset

tsM

aine

New

Ham

pshi

reRh

ode I

sland

Verm

ont

FORBES 2018 TOP WOMEN WEALTH ADVISORS (MASSACHUSETTS)2 Susan Kaplan (left) KaplanFinancialServices,Newton21 Debra Brede D.K.BredeInvestmentManagementCompany,Needham24 Mary Mullin MerrillLynchWealthManagement,Boston40 Darlene Murphy WellesleyAssetManagement,Wellesley43 Marcie Behman MerrillLynch-PrivateBanking&InvestmentGroup,Boston92 Gibson Wilkes HighTowerAdvisors,Portland97 Christine Armstrong MorganStanleyWealthManagement,Boston

BOSTON BUSINESS JOURNAL: LARGEST INDEPENDENT INVESTMENT ADVISERS IN MASSACHUSETTS

1 GW&K Investment Management  HaroldKotler,Partner,CEO,CIO

2 Breckinridge Capital Advisors PeterCoffin,President

3 Baystate Financial  DavidPorter,Managingpartner

4 Westfield Capital Management WilliamMuggia,President,CEO,CIO

5 Fiduciary Trust Co. AustinShapard,President,CEO

6 The Investment Fund for Foundations (TIFF)

RichardFlannery,CEO

7 Anchor Capital Advisors William Rice,President,CEO

8 Congress Asset Management Co. DanielLagan,President,CEO

9 Appleton Partners Inc. DouglasChamberlain,President,CEO

10 LMCG Investments KenSwan,CEO

KAPL

AN F

INAN

CIA

L SE

RVIC

ES