Firm profile

MYSTIC ASSET MANAGEMENT

WARWICK, RICRD 170361Latest ADV March 2, 2026

Mystic Asset Management is an SEC registered investment adviser organized as a corporation with a primary office location in Warwick, RI. Its latest Form ADV filing, dated March 2, 2026, reports $615M in regulatory assets under management, 3 employees, 1 office, and 371 accounts.

Assets Under Management
$615M
Employees
3
Offices
1 office
Total Clients
144
Primary office
WARWICK, RI
1287 POST ROAD, WARWICK, RI, United States
ADV Item 1F location record

Contact and digital presence

ADV profile links

Leadership

3 roles identified
CEOSotirios M. Pappas
CCOSotirios M. Pappas
CFODavid W. Allaire

Advisory services offered

5 types reported
Financial Planning Services
Other advisory services
Portfolio management for businesses

Fee models offered

4 types reported
Asset based fees
Commissions
Fixed fees
Sources checked May 16, 2026

Client Coverage Demographics

Top client segmentHNWI represent 47.2% of total clients.
Top client categories% of clientsClients
1
HNWI
47.2%
68
2
Individuals
43.8%
63
3
Charitable
9.0%
13
Categories with <5 clients
Banking or thrift institutions<5 clients

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$615Mas of March 2, 2026
Discretionary98.2%
$604M
98% of total RAUM98.2%
Non-discretionary1.8%
$11M
2% of total RAUM1.8%
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$615M
Total Accounts371
10Y AUM Change+$408M (+198.1%)

Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees3
Clients per Employee48:1
10Y Employee Change+1 (+50.0%)

* 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.