Welch & Forbes LLC
SEC RegisteredTrusted advisor for individuals, families, not-for-profits, and endowments for more than seven generations.
About the firm
Welch & Forbes operates in the tradition of a family office offering trust, tax, estate, fiduciary and customized investment management services. Founded in 1838, the firm manages $9.4 billion in assets under management with a staff of 57 professionals.
Firm Focus
Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.
Areas of expertise
Services
Customized investment management, trust and fiduciary services, tax services, estate planning, estate settlement, financial planning, philanthropy, and client service
Who they serve
Individuals, families, not-for-profits, and endowments
| Client segment | Clients | Assets managed |
|---|---|---|
| Individuals (Non-HNW) | 165 | $165M |
| High Net Worth Individuals | 478 | $8.0B |
| Pension/Profit Sharing Plans | 2 | $7k |
| Charitable Organizations | 4 | $8.6M |
| State/Municipal Entities | 26 | — |
| Insurance Companies | 2 | — |
Leadership
Office locations
Advisors at this firm
5 advisors in the directory
Regulatory & compliance
| Asset tier | Annual rate |
|---|---|
| Relationships under $3,000,000 | 1.25% |
| First $3,000,000 (relationships $3M+) | 1.00% |
| Next $2,000,000 | 0.75% |
| Thereafter | 0.50% |
Data as of March 18, 2026 · Source: SEC IAPD & FINRA BrokerCheck
Contact Information
This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. Welch & Forbes LLC has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.
BrokerCheck data is used subject to the FINRA BrokerCheck Terms of Use. Found something inaccurate? Report inaccurate data and we will correct any error we introduced. Errors in the underlying BrokerCheck record itself are referred to FINRA, which maintains that record.
Find the right advisor for you
Take the free 3-minute assessment to get matched with advisors who fit your goals.
Get Matched