F.L.Putnam Investment Management

What F.L.Putnam Investment Management does

F.L.Putnam Investment Management Company is a Massachusetts-based, SEC-registered investment advisor founded in 1983 and headquartered in Lynnfield. The firm operates as a diversified financial services company delivering investment management, financial planning, retirement, estate, and trust services through 14 US offices supported by 165+ employees and over $11 billion in client assets under management as of mid-2026.

The firm's offering spans four primary client segments: high-net-worth individuals and families; institutions such as endowments and foundations served via OCIO and discretionary investment management; other wealth managers and multi-family offices served through FLP Atrato Consulting's alternative investment research and advisory; and ultra-high-net-worth families and single-family offices served via a dedicated Family Office Solutions practice. Trust services are delivered through the wholly owned Darwin Trust Company subsidiary (acquired October 2024), and the AOG Institutional Fund provides an institutional investment vehicle. The platform runs on standard RIA infrastructure (Orion, Schwab, Fidelity, and eMoney client portals).

F.L.Putnam makes money primarily through recurring fee-based investment advisory, financial planning, OCIO, and consulting engagements. Since 2021 it has executed an aggressive acquisition strategy, completing at least ten advisor and trust-firm acquisitions (Atrato Advisors, Salem Capital, Aurora Financial, Arbor Capital, Four Ponds Financial Planning, Ascension Asset Management, Darwin Trust, AOG Wealth Management, Arcadia Investment Management, and Seascape Capital Management). The firm received a strategic minority investment from Bixby Wealth Solutions in July 2026 to fund further expansion, while employees retain a significant minority equity stake under continuing CEO Tom Manning.

Name

F.L.Putnam Investment Management

Legal name

F.L.Putnam Investment Management Company

Website

https://flputnam.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

F.L.Putnam is a Massachusetts-based, SEC-registered RIA managing over $11 billion in client assets across 14 US offices. It serves high-net-worth individuals, families, institutions, family offices, and other wealth managers through investment management, OCIO, trust, and consulting services.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

OCIO Providers (Outsourced CIO) (FSAAAGAH), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG), Family Office Advisory & Outsourced CIO (OCIO) (FSAAADAC), Institutional Consultants & Fiduciary Management (Investment Consulting) (FSAAAGAJ), Financial Planning–Led RIAs (FSAAACAB)

Keywords

• Investment advisory services
• Wealth management services
• Financial planning services
• Trust services
• OCIO services

Headquarters

HQ city

Portland

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Investment Advisory Fees: Fee-based investment advisory services for individuals, families, and institutions. The firm provides investment management, financial planning, and wealth management services on a fee basis.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

F.L.Putnam Investment Management is a SEC-registered investment adviser that provides fee-based investment management, financial planning, and retirement solutions. The firm delivers discretionary investment management and Outsourced Chief Investment Officer (OCIO) services to institutions, comprehensive financial planning and wealth management to high-net-worth individuals and families, trust services through its Darwin Trust subsidiary, alternative investment consulting through FLP Atrato Consulting for wealth managers and multi-family offices, and custom solutions for ultra-high-net-worth family offices.

Product overview

F.L.Putnam Investment Management is a diversified financial services company offering a unified platform of investment management, financial advisory, and consulting services. The core offering includes discretionary investment management and OCIO services for institutions, complemented by trust services through the acquired Darwin Trust brand. For wealth managers and multi-family offices, FLP Atrato Consulting provides alternative investment research and advisory capabilities. The company serves individuals, families, institutions, endowments, foundations, wealth managers, multi-family offices, and family offices across 14+ U.S. offices with over $11 billion in client assets under management.

Differentiator

Problem solved

Functional benefit

Brands

• FLP Atrato Consulting: Tailored advisory partnership for wealth managers and multi-family offices
• Darwin Trust
• AOG Institutional Fund

Products and services

• Individual & Family Wealth Management Consistent, objective investment advisory and financial planning services delivered to high-net-worth individuals and families to help them make informed decisions about their financial life, including retirement and estate planning.
• Investment Advisory & OCIO Services Outsourced Chief Investment Officer (OCIO) and investment advisory services for institutional clients including endowments, foundations, and other organizations seeking institutional advisory and investment management to advance their organizational purpose.
• Institutional Investment Management Discretionary investment management services for institutional clients, managing assets across various strategies.
• Family Office Solutions Comprehensive, custom solutions for ultra-high-net-worth families and single family offices to manage financial complexity across multi-generational wealth needs.
• FLP Atrato Consulting Advisory partnership for wealth managers and multi-family offices delivering alternative investment research and advisory capabilities to support better client outcomes.
• Darwin Trust Trust company services for high-net-worth clients, offering tax savings and asset protection solutions through a New Hampshire-chartered trust company serving more than 110 clients.
• AOG Institutional Fund Institutional investment fund offering managed by F.L.Putnam for institutional clients.

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves7 records

Expansion highlights3 records

Direct peers

• Mariner Wealth Advisors: Large independent RIA serving HNW individuals, families, and institutions with comprehensive wealth management, OCIO, and family office services — directly comparable diversified RIA platform of similar scale.
• Creative Planning: One of the largest U.S. RIAs offering investment management, financial planning, and institutional OCIO. Highly comparable diversified fee-based RIA with similar multi-channel client segmentation.
• Hightower Advisors: Partnership-based RIA platform that has grown through advisor acquisitions across the U.S. Closely mirrors F.L. Putnam's acquisition-led expansion model and HNW/institutional focus.
• Mercer Advisors: National RIA specializing in HNW individuals, families, and institutional OCIO services. Comparable customer mix and emphasis on integrated wealth management with a strong OCIO offering.
• Focus Financial Partners: Partnership platform for independent RIAs and wealth management firms; explicitly comparable in its roll-up, acquisition-driven model targeting HNW clients and institutions.
• CAPTRUST: Independent investment advisor with strong institutional OCIO and retirement plan focus, alongside HNW private wealth. Comparable in mixing institutional and HNW advisory revenue.
• Bessemer Trust: Private wealth and investment management firm serving ultra-HNW families and institutions with trust and family office services. Comparable to F.L. Putnam's family office and Darwin Trust offerings.
• Carson Group: National wealth management firm serving advisors and their clients through investment management, financial planning, and technology. Comparable in providing comprehensive financial services to HNW clients.

Broad incumbents

• Edelman Financial Engines: One of the largest U.S. RIAs with a national footprint serving HNW and mass-affluent clients. Comparable in scale and fee-based RIA model, though much larger and broader.
• Brown Brothers Harriman Investor Services: Multi-family office and wealth management arm of BBH, offering investment advisory, trust, and OCIO services to HNW families and institutions. Comparable to the family office and institutional OCIO segments of F.L. Putnam.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/f-l-putnam-investment-management-company

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries6 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A10 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about F.L.Putnam Investment Management