93 Financial Group provides financial planning, portfolio management for individuals and small businesses, and insurance. Financial planning was provided to 26–50 clients last fiscal year.
93 Financial Group reports 1,175 clients. They include 873 individual clients and 302 high-net-worth individuals. Of its assets, 100.0% ($900M across 2,466 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 74% | 42% |
| High-net-worth individuals | 26% | 58% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 873 | $381M | 42.3% | $436K |
| High-net-worth individuals | 302 | $519M | 57.7% | $1.72M |
| Total | 1,175 | $900M | 100% | $766K |
- Clients
- 873
- Regulatory AUM
- $381M
- AUM share
- 42.3%
- Avg. per client
- $436K
- Clients
- 302
- Regulatory AUM
- $519M
- AUM share
- 57.7%
- Avg. per client
- $1.72M
Total
- Clients
- 1,175
- Regulatory AUM
- $900M
- AUM share
- 100%
- Avg. per client
- $766K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
93 Financial Group charges 1.00% a year for its Investment Management. The whole portfolio is charged at the rate of its band. The fee is billed in arrears and is negotiable.
Fee details and sources
Paul Welch owns 50% to 75% of 93 Financial Group. The leadership team of 93 Financial Group includes Chief Compliance Officer John Welch. It has 8 employees, 5 of them in advisory roles.
Staff
- 8 employees
- 5 in advisory functions
- 5 state-registered reps
- 6 insurance agents
- Owns 50% to 75% of 93 Financial Group, LLC
Paul Welch
Control person · since August 2003
- Owns 50% to 75% of 93 Financial Group, LLC
Lawrence Welch
Control person · since August 2003
93 Financial Group’s regulatory assets grew 1.7× from $532M (February 2021) to $900M (March 2026); clients rose from 1,080 to 1,175 and employees fell from 9 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $900M | 1,175 | 8 | 1 |
| Mar 2025March 2025 | $780M | 1,172 | 8 | 1 |
| Mar 2024March 2024 | $639M | 1,152 | 8 | 1 |
| Mar 2023March 2023 | $564M | 1,152 | 8 | 1 |
| Mar 2022March 2022 | $629M | 1,123 | 8 | 1 |
| Feb 2021February 2021 | $532M | 1,080 | 9 | 1 |
Besides its headquarters, 93 Financial Group has 0 offices, with 1 listed address in 1 state.
Massachusetts · 1 listed address
- 600 Unicorn Park Drive, WoburnHQ
Contact and registration details
- Legal name
- 93 Financial Group, LLC
- Headquarters
- 600 Unicorn Park Drive, Woburn, MA 01801
- Website
- 93fg.com
- Phone
- 781-938-6361
- SEC file
- 801-78076
- Founded
- 2004
- Structure
- Massachusetts LLC
- Fiscal year end
- December
93 Financial Group’s named custodian for separately managed accounts is Charles Schwab ($900M). 93 Financial Group does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $900M100%
At year end, 93 Financial Group’s separately managed accounts were mostly in funds (99%). Its reported 13F holdings for the quarter ended 30 June 2026 total $253M across 9 positions; the largest are Vanguard Scottsdale Fds (30.3%), Schwab Strategic TR (21.8%) and Schwab Strategic TR (21.5%).
What the accounts hold
- Funds99%
- Cash1%
How many clients does 93 Financial Group have?
93 Financial Group has 1,175 clients and manages $900 million for them, as of March 2026. They include 873 individual clients and 302 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026
What services does 93 Financial Group offer?
93 Financial Group provides financial planning, portfolio management for individuals and small businesses, and insurance.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does 93 Financial Group charge?
93 Financial Group charges 1.00% a year for its Investment Management. The whole portfolio is charged at the rate of its band. The fee is billed in arrears and is negotiable.
Which custodians does 93 Financial Group use?
93 Financial Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $900M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 March 2026
How many financial advisors does 93 Financial Group have?
93 Financial Group has 5 investment adviser representatives registered with state securities authorities, out of 8 employees, and 5 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 6 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does 93 Financial Group invest in?
At the end of its last fiscal year, 93 Financial Group’s separately managed accounts held 99% registered funds (mutual funds, ETFs, BDCs) and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns 93 Financial Group?
93 Financial Group’s direct owners are Paul Welch (50% to 75%) and Lawrence Welch (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 23 March 2026
How does 93 Financial Group get paid?
93 Financial Group is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact 93 Financial Group?
93 Financial Group’s main office is at 600 Unicorn Park Drive, Woburn, MA 01801. Its phone number is 781-938-6361. Its website is 93fg.com.