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.
Congress Asset Management Company, LLP
Boston, MA
CRD 105161
Firm filing updated March 17, 2026 ·
- $14.2BAssets
- 28Advisory staff
- 8,312Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals6,408
- High net worth individuals1,611
- Corporations or other businesses131
- Charities94
- Pension and profit sharing plans49
- and 3 more16
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 6,408 | $2.4 billion |
| High net worth individuals | 1,611 | $4.4 billion |
| Investment companies | 8 | $4.3 billion |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $52.4 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 49 | $1.3 billion |
| Charitable organizations | 94 | $920.9 million |
| State or municipal government entities (including government pension plans) | 5 | $531.6 million |
| Insurance companies | Fewer than 5 clients | $49.0 million |
| Corporations or other businesses not listed above | 131 | $224.7 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
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- 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)
- Educational seminars/workshops
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- 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)
- Educational seminars/workshops
Assets and accounts
- Regulatory assets$14.2 billion
- Accounts8,312
- DiscretionaryAll accounts
People
- Employees79
- Advisory staff28
- Broker-dealer reps14
- Licensed insurance agents0
Advisors
11 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 105161, SEC file 801-23386.
- Registered with the SEC as an investment advisor (status date on record: January 31, 1985).
Is Congress Asset Management Company, LLP a fiduciary?
Short answer: Congress Asset Management Company, LLP is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 14 staff are broker-dealer representatives and the firm is itself a registered representative of a broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
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.