Marshfield Associates

CRD#150614
Investment Advisor Firm

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Learn more about Marshfield Associates

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Marshfield Associates is located at 21 Dupont Circle NW, Washington, DC. The firm employs 13 financial advisors. Marshfield Associates is not a registered broker-dealer.

    The firm manages $7.5 billion in assets under management across 5,466 accounts, with 5,429 discretionary accounts and 37 non-discretionary accounts. Services offered include portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for institutional clients. The firm serves a range of investors, including retail investors, high net worth investors, investment companies, pension plans, charitable organizations, state or municipal government entities, sovereign wealth funds, and corporations. The largest client type by accounts is retail investors. Marshfield Associates operates with an asset-based and performance-based fee structure and has 849 high net worth clients.

    Marshfield Associates is registered in Arizona, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Montana, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Utah, Vermont, Virginia, West Virginia, Wisconsin, Wyoming, Washington, Texas, and New Hampshire.

    Assets Under Management

    $7.5 billion

    Number of Advisors

    13

    Disclosures

    No

    Office Location

    21 Dupont Circle Nw
    Washington, DC 20036

    Marshfield Associates by the Numbers

    Total Assets Under Management

    $7.5 billion

    National Average: $8.6 billion
    Total Number of Employees

    26

    National Average: 64
    Total Number of Accounts

    5,466

    National Average: 375,227
    Average Account Size

    $1.4 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees for financial management usually depend on which services the firm provides the client. Fees charged by Marshfield Associates can include some combination of the following fee types: asset-based and performance-based. Marshfield Associates does participate in a wrap fee program, in which the company offers a service bundle for a comprehensive fee.The firm can withdraw the fees directly from customer funds.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 26% of firms

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    The company does business with a broad range of investors. The firm caters to retail investors, high net worth investors, investment companies, pension plans, charitable organizations, state or municipal government entities, sovereign wealth funds, and corporations. Out of its 5,466 clients, Marshfield Associates's largest client type by number of accounts is retail investors, though it also serves 849 high-net-worth individuals. The SEC defines a high-net-worth individual as a person who has at least $750,000 in AUM or a net worth of at least $1.50 million or who is a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 19.37%
    • Other Individuals - 79.47%
    • Corporations - 0.27%
    • Charitable Organizations - 0.89%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Marshfield Associates does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Marshfield Associates

    Andrew Clark
    Washington, DC
    Kathryn Cotter
    Washington, DC
    Amie Perl
    Washington, DC
    Christopher Niemczewski
    Washington, DC
    Chad Goldberg
    Washington, DC
    Judith Becker
    Washington, DC
    Melissa Vinick
    Washington, DC
    Elise Hoffmann
    Washington, DC
    Richard Seaton
    Washington, DC

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