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Welch & Forbes LLC

Welch & Forbes LLC. CRD 115119

Welch & Forbes LLC logo

CRD: 115119

Welch & Forbes LLC

$9.9B Total AUM
$9.7B Disc. AUM
12.9% 3Y CAGR
55 Employees
699 ADV. Clients
24 yrs Firm Age

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Firm Details

Custodian
Reliance Trust Company
Clients
Retail and Institutional
Established Date
08-31-2001
Office Locations
1

Office Locations

45 School Street Boston MA

About Welch & Forbes LLC

Boston-based Welch & Forbes provides investment portfolio management alongside trust & fiduciary, tax, estate planning/settlement, financial planning, and philanthropy services for retail and institutional clients, including business owners and entrepreneurs. Public profile data indicates portfolios are heavily ETF-oriented with an asset-allocation focus, and the firm publishes regular investment review and economic outlook commentary.

Reported data analysis

What the numbers show

Between March 19, 2025 and May 19, 2026, reported AUM increased 8.1%, from $9.2B to $9.9B.

Across 5 reported observations, AUM increased 26.9% between March 31, 2022 and May 19, 2026, from $7.8B to $9.9B.

Of the latest reported AUM, 97.5% is discretionary and 2.5% is non-discretionary.

The firm reports 12 advisory representatives and 699 clients, or 58.3 clients per representative. That equates to $14.2M in reported AUM per client.

The profile lists 1 reported office location and 24 years in operation. The source data was last updated on May 19, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

40 AVG AGE
$825.3M AVG AUM / ADVISOR
$14.2M AVG AUM / CLIENT
8.4 yrs AVG TENURE
55 Employees
12 Advisory Reps
4 RIA Reps
24yrs Firm Age

Additional firm insights

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Available data coverage

  • Asset Classes
  • Client Personas
  • CRM
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Platform
  • Services
  • Technology

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Owner & Executives

TODD R JUNDI

TODD R JUNDI

Chief Compliance Officer, SENIOR VICE PRESIDENT, Vice President

CRD
--
Ownership
Less than 5%
T

THEODORE EDWARD OBER

EXECUTIVE VICE PRESIDENT, Vice President

CRD
--
Ownership
Less than 5%

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Contacts

BRYAN JOHN CIBOROWSKI

BRYAN JOHN CIBOROWSKI

Director of Client Development

CRD
#5563725
N

NAOMI THERESA D'ALESSANDRO

Portfolio Manager

CRD
#4393565

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
03-31-2022
03-27-2023
03-18-2024
03-19-2025
05-19-2026
Category Assets AVG. Account size
Discretionary $9,660,612,610 $2,618,052
Non-Discretionary $242,852,142 $5,519,367
Total $9,903,464,752 $2,652,240

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Separately Managed Accounts

SMA allocation detail is available

Welch & Forbes LLC has reported separately managed account data across 6 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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13F Holdings | Q2 2026

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Welch & Forbes LLC's 13F holdings detail is available for Q2 2026, including issuer, security class, CUSIP, ticker, portfolio weight, and reported value.

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