SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Choate Investment Advisors
Boston, MA
Choate Investment Advisors LLC, CRD 106109
Firm filing updated March 30, 2026 ·
- $10BAssets
- 653Clients
- 20Advisory staff
- 4,009Accounts
Fees and minimums
- Hourly feesAsk the firm for the rate
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesYes
- Fixed feesYes
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- High net worth individuals519
- Individuals95
- Charities36
- Pooled vehicles3
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 95 | $45.6 million |
| High net worth individuals | 519 | $9.4 billion |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $88.1 million |
| Charitable organizations | 36 | $544.0 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
See all 6 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- Publication of periodicals or newsletters
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- Publication of periodicals or newsletters
Assets and accounts
- Regulatory assets$10.0 billion
- Accounts4,009
- Discretionary$9.3 billion · 3,887 accounts
- Non-discretionary$776.9 million · 122 accounts
People
- Employees34
- Advisory staff20
- Broker-dealer reps0
- Licensed insurance agents0
- Planning clients51 to 100
Advisors
11 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- Legal name: Choate Investment Advisors LLC SEC-registered investment advisor. CRD 106109, SEC file 801-53321.
- Registered with the SEC as an investment advisor (status date on record: November 29, 1996).
Is Choate Investment Advisors a fiduciary?
Short answer: Choate Investment Advisors is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.