Means Investment Co., Inc.
- Regulatory AUM
- $1.6B
- Discretionary
- $1.4B
- Clients
- 1,375
- Avg AUM / client
- $1.2M
- Accounts
- 3,520
- Employees
- 24
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Jul 29, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 908 | $321M | 20.1% |
| High net worth individuals | 394 | $1.1B | 68.4% |
| Pension and profit sharing plans | 20 | $108M | 6.77% |
| Charitable organizations | 16 | $43.4M | 2.72% |
| State or municipal government entities | 3 | $916K | 0.06% |
| Corporations and other businesses | 34 | $31.1M | 1.95% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Sep 2024 · $5.6M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Penobscot Associates, Inc | Other Private Fund | Maine | $5.6M | 50 |
People (16)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Paul Banwell Means | Chairman | Jul 2010 (16y) | 25% – 50% | |
| Zachary Paul Means | President | Oct 2011 (15y) | 75% or more | |
| Erin Leigh Barry | Chief Executive Officer | Jul 2019 (7y) | Less than 5% | |
| Hatch, Dawn, Ann | Chief Compliance Officer & Operations Manager | Mar 2021 (5y) | Less than 5% | |
| John Russell Dudley | Registered representative | Jul 2010 (16y) | ||
| David Allen Cust | Registered representative | May 2011 (15y) | ||
| Alexander Michael Means | Registered representative | Jan 2017 (10y) | ||
| Eric Ord Baker | Registered representative | Nov 2019 (7y) | ||
| Thomas J Herlihy | Registered representative | Jan 2022 (5y) | ||
| Jamie Tabor Stone | Registered representative | CFP Chartered Financial Consultant | Feb 2022 (4y) | |
| David Gay Means | Registered representative | Aug 2022 (4y) | ||
| Chad William Kelley | Registered representative | CFP | Jan 2024 (3y) | |
| Karen Oeser | Registered representative | CFA | Aug 2024 (2y) | |
| Bryce Christopher Lausier | Registered representative | Sep 2025 (1y) | ||
| Stacey J Young | Registered representative | Nov 2025 (1y) | ||
| Tinsley Kate Newton | Registered representative | Jan 2026 (1y) |
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $5.6M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Penobscot Associates, Inc | Other Private Fund | $5.6M | $10.0K | 50 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/13/2026 | 1.1 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Other fees
- • PROVIDE FINANCIAL & EXIT PLANNING SVCS FOR A NEGOTIATED FEE
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Pension consulting services
- • Publication of periodicals or newsletters
- • Educational seminars/workshops
- • Other services
Custody
Reported custodians
- Fidelity Brokerage Services $1.5B (93% of AUM) Jul 2026
- Means Investment Co., Inc. $298M (100% of AUM) Mar 2018
- American Funds Distributors, Inc. $4.2M (0% of AUM) Nov 2022
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 29, 2026.
View current Form ADV (SEC/IAPD) ↗