Welch & Forbes
TL;DR
In business since 1838 with 58 employees in Boston, the firm provides investment management, personal trust, estate planning and tax services, primarily to individuals and trusts.
$9.9 billion
Regulatory AUM
As of ADV filing 2026-05-19
3,734
Accounts / Clients
643 clients
0
Disclosures
Item 11 events
SEC
Registration
SEC-registered
55
Team Size
employees, 12 advisory
25 yrs
Years Registered
First registered 2001
About Welch & Forbes
In business since 1838 with 58 employees in Boston, the firm provides investment management, personal trust, estate planning and tax services, primarily to individuals and trusts.
Office: 45 School Street, Boston, MA 02108.
Best for: Families above $3M wanting investment, trust, estate and tax services in one firm
Fee model and designations stated on the guide
Advisory feesPlanning designations named
Form ADV data
CRD115119
RegistrationSEC-registered
First registration2001
Regulatory AUM$9.9 billion
ADV filing date2026-05-19
Accounts3,734
Clients643 individual and high-net-worth clients
Employees55
Advisory employees12
Fee modelAsset-based fee, 1.25% under $3M relationships; ADV 2A says fees exclude commissions
Minimum$3,000,000 minimum account size, negotiable or waivable (ADV 2A)
Disclosure events (Item 11)0
DesignationsCFA and CFP named on the team page
Source: SEC Investment Adviser Public Disclosure, CRD 115119, as of ADV filing 2026-05-19, pulled October 10, 2026.
Ranked on ProCloser
- Top 10 Wealth Managers in Boston, MA (2026): rank 3 of 10
Client Reviews
No published reviews yet. Reviews publish once a firm has two or more verified founder reviews.