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Choate Investment Advisors chosen as top wealth manager

Press Releases | July 27, 2010

Choate Investment Advisors has been selected by Wealth Manager magazine as one of its “2010 Top Wealth Managers.”  The Top Wealth Managers’ list is a ranking of the largest, most established registered investment advisors in the country, based on assets under management per client.

Choate Investment Advisors has provided wealth management services to high net worth individuals and families for decades, and currently oversees over $2 billion in assets.  Choate offers an independent “open architecture” investment strategy and does not sell any proprietary products or charge hidden fees.  This allows Choate’s investment team to create sophisticated portfolios for clients that utilize the best managers and products available without any conflict of interest.  The firm’s seamless one-stop, family office approach to wealth management provides clients with top notch, institutional quality investment management services that are fully integrated with their tax, estate planning, and other needs.

“It is an honor to be included again as one of the best of the best in Wealth Manager’s independent ranking of Top Wealth Managers,” said Todd Millay, Managing Director of Choate Investment Advisors.  “In this atmosphere of pervasive uncertainty, our clients can count on our integrated family office strategy to help them achieve their investment goals.”

For its 10th annual rankings, Wealth Manager included only firms that are SEC registered and ranked firms based on AUM per client and total AUM.  Choate Investment Advisors was ranked #64, putting the firm in the Top 100 category out of nearly 350 firms listed.  Choate Investment Advisors was also recently selected by Forbes Magazine as one of its 2010 “Top 50 Fee-Only Advisors,” which is a ranking of the biggest, fastest growing, and most promising investment advisers in the business.

Choate Investment Advisors is a registered investment advisor subsidiary of Choate, Hall & Stewart in Boston.  Choate is a leading law firm with nationally recognized practices in wealth management, intellectual property, private equity, business and technology, litigation, insurance/reinsurance, and labor and employment benefits.  The firm’s clients range from Fortune 100 companies to leading venture capital and buyout funds to technology startups and high net worth individuals.

For more information contact:
Todd Millay, Managing Director of Choate Investment Advisors
tmillay@choate.com
617-248-4770