Worcester Advisors
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$88,535,121
Clients
193
Advisors
3
of 3 employees
About
Worcester Advisors provides investment advisory and portfolio management services to individuals, high‑net‑worth clients, trusts, estates, charitable organizations, pension plans, business entities and municipal clients, managing roughly $120 million across about 193 accounts. Services include security analysis and selection, trade execution, monthly asset position statements, performance measurement and financial planning that is offered exclusively to clients who maintain an active investment management agreement at no additional charge.
The firm employs a fundamentally driven, value-oriented equity approach that seeks discounts in historic price‑to‑earnings ratios and earnings growth opportunities, typically constructing separate accounts comprised of at least 50 stocks with diversification managed through index weighting, holding‑size limits and sector controls. Fixed‑income work emphasizes targeted maturities and duration consistent with the firm’s interest‑rate outlook, and the adviser uses third‑party research (Zacks, Morningstar) and Black Diamond reporting to support both discretionary and non‑discretionary accounts.
Compared with many peers, Worcester Advisors retains several trust‑style capabilities: it serves municipal clients, manages trust accounts where it may act as trustee or executor, and undergoes annual surprise audits for accounts where it is deemed to have custody; one existing trust account involves a disclosed fee‑sharing arrangement with the trustee custodian. The firm’s origin as a community fiduciary provider, its emphasis on specialized/custom reports and its direct custodial interface for reporting distinguish its operational focus on fiduciary and institutional administrative support.
Client services
Expertise
Fee options
Fees may be negotiated at a flat rate.
$0 - $1,000,000: 1.00% annually $1,000,000 - $5,000,000: 0.75% annually $5,000,000 - $10,000,000: 0.60% annually $10,000,000 - $20,000,000: 0.50% annually $20,000,000+: Negotiable
Account minimum: $100,000 Minimum fee: Minimum annual fee of $500 Fee-only: Fees are asset-based, no commissions charged.
Main office
446 Main Street
Worcester MA 01608-2421
Advisors at this office
3
Most active in
Connecticut · Florida · Massachusetts
Also doing business as
Worcester Advisors · Worcester County Fiduciary Advisors Inc
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.
Forms ADV
Quick links
Advisors at this firm
Joseph B
Series 63, Series 65
Worcester, MA
Worcester Advisors
Joseph Bourque is an advisor at Worcester Advisors with 12 years of industry experience. He holds Series 63 and Series 65 registrations and has worked at Worcester County Fiduciary Advisors Inc. since 2011 as well as Fidelity Brokerage Services LLC and Fidelity Investments Institutional Services Company, Inc. since 2008 and 1999, respectively. Worcester Advisors provides investment advisory and portfolio management services to individuals, trusts, estates, pension and profit-sharing plans, charitable organizations, and municipalities. The firm uses a fundamental, value-oriented equity approach with an emphasis on risk control and fixed-income management tailored to interest-rate outlooks, and it serves a range of clients including municipal entities and fiduciary roles.
Jacob W
Series 65
Worcester, MA
Worcester Advisors
Jacob Wharton is a financial advisor at Worcester Advisors with a Series 65 designation and one year of industry experience. Prior to his current role, he has held various positions including a consultant for small businesses at the Small Business Development Center in Worcester, MA, where he assists business owners in organizing and assembling financial statements. Worcester Advisors provides investment advisory and portfolio management services to individuals, high-net-worth clients, trusts, estates, charitable organizations, pension plans, business entities, and municipal clients. The firm employs a fundamentally driven, value-oriented equity approach and maintains trust-style capabilities, including managing trust accounts and serving municipal clients.
Sangam D
Series 65
Worcester, MA
Worcester Advisors
Sangam Dahal is a financial advisor at Worcester Advisors with three years of industry experience and holds a Series 65 designation. Prior to joining Worcester Advisors, he worked at Clark University, Swopna Events Pvt Ltd, Nabil Investment Banking Limited, and WaterForEveryone-Nepal. Worcester Advisors provides investment advisory and portfolio management services to a diverse client base including individuals, trusts, charitable organizations, pension plans, and municipal clients. The firm employs a fundamentally driven, value-oriented equity investment approach and offers specialized fiduciary and institutional administrative support.
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