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M AY 1 3 , 2 0 1 9 34
T H E L I S T
C O M P I L E D B Y S T E P H A N I E R . M E A G H E R
Androscoggin Bank is Honored to be
FAME's 2018 Lender at Work
Commercial Banking Centers in Lewiston and Portland.
1-800-966 -9172
androscogginbank.com
Thank you to all of our clients and partners who helped us reach this
milestone for lenders in the under $1.5 billion in assets category.
Connect with a lender today to see what's in store for 2019.
Purchase this list and more
as a PDF or Excel document at
www.mainebiz.biz/DataCenter
@
N E W L I S T
If we missed you, contact research@nebusinessmedia.com to update the list for the 2019 Book of Lists.
N O T E S : An investment advisor as defined by FINRA provides advice about securities to clients and is required to register with the SEC or the state in which it practices. The company can
be called an asset manager, investment counselor, investment manager, portfolio manager or a wealth manager. Bangor's VanceGray Wealth Management declined to participate in the
survey. Unable to confirm data for Portland's Old Port Advisors by press time.
S O U R C E : Each firm via survey
Largest investment advisors
Ranked by assets under management by Maine offices
Assets under
management in Maine /
licensed advisors
Total assets under
management /
licensed advisors
Maine offices /
employees
Total offices /
employees Chief executive
1 R. M. Davis Inc.
Portland
774-0022, rmdavis.com
$3.7 billion
17
$3.9 billion
19
1
49
2
52
Geoffrey K. Alexander, president
2 H.M. Payson
Portland
772-3761, hmpayson.com
$3.6 billion
15
$3.6 billion
15
2
45
2
45
Peter E. Robbins, CEO
Michael R. Currie, president &
managing director
3 Vigilant Capital Management
Portland
523-1110, vigilantcap.com
$811.0 million
6
$1.1 billion
17
1
9
2
23
Daniel M. Mulkern, principal
4 F.L.Putnam Investment Management Co.
Portland
775-3197, flputnam.com
$723.0 million
5
$1.9 billion
21
1
14
4
47
Tom Manning, president & CEO
5 HeadInvest
Portland
773-5333, headinvest.com
$569.0 million
6
$569.0 million
6
1
12
1
12
Carl G. Gercke, managing director
6 Cribstone Capital
Augusta
844-2000, cribstonecapital.com
$449.5 million
5
$449.5 million
5
3
10
3
10
Scott Upham, managing partner
7 Means Wealth Management
Bangor
947-6763, meanswealth.com
$410.0 million
6
$425.0 million
7
2
14
3
15
Zachary Means, CEO
Paul B. Means, president
8 Bigelow Investment Advisors LLC
Portland
772-2900, bigelowadvisors.com
$325.0 million
6
$325.0 million
6
3
10
3
10
Gary Robinson, CEO
Kathryn Dion, president
9 Aries Wealth Management
Portland
536-0530, arieswealthllc.com
$225.4 million
4
$225.4 million
4
1
4
1
4
Jason Viola, president & founder
Laurie Latham, principal
10 Robinson Smith Wealth Advisors
Portland
874-9840, robinsonsmithwealth.com
$224.9 million
4
$248.1 million
4
1
5
2
5
David Robinson / David Smith,
co-managing members