Baxter Investment Management
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$1,116,726,990
Clients
425
Advisors
5
of 7 employees
About
Baxter Investment Management provides personalized, discretionary portfolio management to individuals, high net worth clients, corporate pension and profit-sharing plans, charitable organizations, and corporations. The firm reports approximately $1.165 billion in discretionary assets under management and may recommend private investment funds or other private offerings to qualified clients while performing initial and ongoing due diligence on those opportunities.
The firm’s investment approach is long-term and value-oriented, seeking securities priced below management’s estimate of intrinsic value and often holding positions for multiple years until value is realized. Baxter tailors portfolios to individual needs, accepts reasonable client-imposed restrictions in writing, exercises discretionary trading authority, and delivers quarterly account reports (with a small minority of clients receiving performance information as part of those reports).
Compared with many peer teams, Baxter combines a long institutional history and multi-generation family ownership with an unusually large asset base per advisor — managing roughly $1.17 billion across five advisors, which yields AUM per advisor above $200 million. The brochure also notes that the firm provides performance information in client materials and, unlike most peers in its category, presents hypothetical performance in its materials while offering structured due diligence and monitoring for recommended private fund investments.
Client services
Expertise
Fee options
1.0% annually
Main office
1030 East Putnam Avenue
Riverside CT 06878
Advisors at this office
5
Most active in
Arizona · California · Connecticut · Florida · Georgia · Louisiana · Massachusetts · New Jersey · New York · Pennsylvania · South Carolina · Texas · Washington
Also doing business as
Baxter Brothers Inc. · Baxter Investment Management
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
Jonathan S
Series 65
Greenwich, CT
Baxter Investment Management
Jonathan Smith is a Series 65-licensed financial advisor with 28 years of industry experience. He has worked at Baxter Brothers Inc. since 2000. Baxter Investment Management provides discretionary portfolio management to individuals, corporate pension and profit-sharing plans, charitable organizations, and corporations. The firm emphasizes long-term, company-level research with a value/GARP orientation and offers tailored advice with discretionary implementation.
Damon H
Series 63, Series 65
Riverside, CT
Baxter Investment Management
Damon Hart is a financial advisor at Baxter Investment Management with six years of industry experience. He holds Series 63 and Series 65 licenses and has worked at Baxter since 2018. Prior to that, he spent 17 years at Raylor Asset Management Group and has been president of DLH Technical Services, a technology consulting firm, since 2001. Baxter Investment Management is a team of five advisors managing approximately $1.0 billion, providing discretionary portfolio management to individuals, institutions, and charitable organizations. The firm employs a long-term, value/GARP investment approach tailored to client needs and offers private investment fund due diligence for qualified investors.
John B
Series 66
Greenwich, CT
Baxter Investment Management
John Baxter is a Series 66-licensed financial advisor at Baxter Investment Management in Greenwich, CT, with 22 years of industry experience. He has been with Baxter Investment Management since 2000. Baxter Investment Management provides personalized, discretionary portfolio management to individuals, corporate pension and profit-sharing plans, charitable organizations, and corporations. The firm employs a long-term, company-level research approach with a value/GARP orientation and manages roughly $1.0 billion across a five-advisor team in a multi-generation, family-owned practice.
William B
Series 63, Series 65
Greenwich, CT
Baxter Investment Management
William Baxter III is a financial advisor at Baxter Investment Management with 32 years of industry experience. He has been with Baxter Investment Management since 1989. The firm provides personalized, discretionary portfolio management to individuals, high net worth clients, corporate pension and profit-sharing plans, charitable organizations, and corporations. Baxter Investment Management follows a long-term, value-oriented investment approach and manages approximately $1.165 billion in discretionary assets across five advisors.
William B
Series 66
Riverside, CT
Baxter Investment Management
William Baxter IV is a financial advisor at Baxter Investment Management in Riverside, CT, with eight years of industry experience. He holds a Series 66 designation and previously worked at Bank of America and Merrill. Baxter Investment Management provides personalized, discretionary portfolio management to individuals, high net worth clients, corporate pension and profit-sharing plans, charitable organizations, and corporations. The firm employs a long-term, value-oriented investment approach, managing approximately $1.165 billion in discretionary assets across five advisors.
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