WELCH & FORBES LLC
AUM Over Time
Discretionary
Non-Discretionary
At a Glance
| Total AUM | $9.90B |
| Discretionary | $9.66B98% of AUM |
| Non-Discretionary | $242.9M |
| Client Accounts | 3,734 |
| Avg Account Size | $2.7M |
| Employees | 55 |
| Peak AUM | $9.90BMar 2026 |
Firm Change Matrix
| Metric | Latest | 1Y | 3Y CAGR | 5Y CAGR | Trend |
|---|---|---|---|---|---|
Firm Scale | |||||
| Total AUM | $9.9B | +8.1% | +12.5% | +9.3% | |
| Discretionary AUM | |||||
Key Metrics
| Total AUM | $9.90B |
| Discretionary | $9.66B |
| Employees | 55 |
| Client Accounts | 3734 |
| Client Range | 51-100 |
Contact & Location
Address
45 SCHOOL STREET
BOSTON MA 02108
Phone
617-523-1635
Filing History
40 ADV Part 1 submissions
Fee Structure
% of AUMFixed Fees
Advisory Services
Financial PlanningPortfolio Mgmt (Individuals)Portfolio Mgmt (Institutional)Pension Consulting
Growth
AUM Growth Rate (Annualized YoY %)
Firm Profile
Normalized 0–100 scores across six dimensions.
Discretionary vs Non-Discretionary
Discretionary
$9.7B
97.5% of AUM
Non-Discretionary
$243M
2.5% of AUM
Disc. mix ▲ 0.2pp vs 1 year ago
Discretionary
Non-Discretionary
Average Account Size
AUM per Employee
Headcount Over Time
Total Employees
Advisory Staff
Clients
Client Account Growth
Total Accounts
Discretionary
Non-Discretionary
Clients by Type (Latest)
Client Type Mix Over Time
High Net Worth
Individuals
Pooled Vehicles
Pension Plans
Corporations
Risk & Structure
Regulatory Disclosures
✓ Clean RecordNo regulatory disclosures
Custody
Bank CustodyBroker-Dealer CustodySurprise Exam
Related Entities (Item 7)
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