Somerville Associates

Somerville Associates serves individual and high-net-worth clients as well as trusts, estates, charitable institutions and business entities, providing investment supervisory services alongside financial planning, cash‑flow analysis, debt management, insurance/risk management, wills and trusts work, and ongoing financial record‑keeping. The firm offers asset‑management advice covering exchange‑listed and over‑the‑counter securities, debt instruments, mutual funds, variable products and other common investment vehicles.

The adviser uses fundamental analysis to identify investments with moderate valuations and potential for appreciation and may manage accounts on a discretionary or non‑discretionary basis, requesting discretionary authority to execute trades when authorized. Clients receive ongoing monitoring, semi‑annual portfolio summaries and performance analysis, and formal reviews at least every six months conducted by the firm’s two reviewers.

Noteworthy features in the brochure include a lengthy operating history as a small two‑adviser firm and the disclosure of specific asset splits (about $60.36 million on a discretionary basis and about $24.12 million on a non‑discretionary basis as of 12/31/2025), along with operational practices that are less common among peers — for example, the firm may act as trustee for clients (creating indirect custody) and documents safeguards such as independent surprise examinations when applicable. The firm’s reporting is detailed, breaking assets into short‑term, taxable long‑term and tax‑deferred categories and calculating gains and losses net of contributions; it also leaves proxy voting to clients rather than voting proxies on their behalf.