Welch & Forbes LLC is an SEC registered investment adviser organized as a limited liability company with a primary office location in Boston, MA. Its latest Form ADV filing, dated March 18, 2026, reports $9.9B in regulatory assets under management, 55 employees, and 3,734 accounts.
Portfolio management for individuals and small businesses
Fee models offered
2 types reported
Asset based fees
Fixed fees
Source verified May 14, 2026
Client Coverage Demographics
Top client segmentHNWI represent 68.4% of total clients.
Top client categories% of clientsClients
1
HNWI
68.4%
478
2
Individuals
23.6%
165
3
Charitable
3.7%
26
4
Corporations
3.1%
22
5
Pension Plans
0.6%
4
Regulatory Assets Under Management Breakdown
Total regulatory assets under management$9.9Bas of May 19, 2026
Discretionary97.5%
$9.7B
98% of total RAUM97.5%
Non-discretionary2.5%
$243M
2% of total RAUM2.5%
Regulatory assets under management are split between discretionary and non-discretionary assets.
Assets under management Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total AUM$9.9B
Total Accounts3,734
10Y AUM Change+$5.7B (+133.3%)
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Employee Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total Employees55
Clients per Employee13:1
10Y Employee Change+3 (+5.8%)
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Historical AUM and employee figures reflect available SEC Form ADV filings under this CRD. Filing gaps may reflect registration status changes, dormant periods, state registration periods, firm restructuring, or other reporting changes. Rialytix does not interpolate missing periods.
* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.