Cottage Street Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, educational seminars, business succession planning, education planning, estate planning, insurance, philanthropic planning, and tax planning. Financial planning was provided to 11–25 clients last fiscal year.
Cottage Street Advisors reports 135 clients. They include 84 individual clients and 51 high-net-worth individuals. Of its assets, 100.0% ($334M across 405 accounts) are managed with discretion. Of its clients, 2% are outside the U.S. It advised 16 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 62% | 9% |
| High-net-worth individuals | 38% | 90% |
| Pension and profit-sharing plans | Fewer than 5 | <1% |
| Charitable organizations | Fewer than 5 | <1% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 84 | $31.2M | 9.4% | $372K |
| High-net-worth individuals | 51 | $300M | 89.9% | $5.88M |
| Pension and profit-sharing plans | Fewer than 5 | $346K | 0.1% | — |
| Charitable organizations | Fewer than 5 | $2.02M | 0.6% | — |
| Corporations and other businesses | Fewer than 5 | $134K | 0.0% | — |
| Total | 135 | $334M | 100% | — |
- Clients
- 84
- Regulatory AUM
- $31.2M
- AUM share
- 9.4%
- Avg. per client
- $372K
- Clients
- 51
- Regulatory AUM
- $300M
- AUM share
- 89.9%
- Avg. per client
- $5.88M
- Clients
- Fewer than 5
- Regulatory AUM
- $346K
- AUM share
- 0.1%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $2.02M
- AUM share
- 0.6%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $134K
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 135
- Regulatory AUM
- $334M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 2%
- Clients advised without assets under management last fiscal year
- 16
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Cottage Street Advisors charges 0.75%–1.00% a year for its Investment management. The fee is billed in arrears. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial consulting services
- Consulting beyond the planning scope is billed on a negotiated hourly basis, typically $250 to $500 per hour, in arrears.
- Financial planning services
- Included in the investment management fee, or a fixed price typically of $2,500 to $10,000 for clients who want planning only.
Michael Davis owns 75% or more of Cottage Street Advisors. The leadership team of Cottage Street Advisors includes Chief Compliance Officer Jason Haviland. It has 4 employees, 2 of them in advisory roles.
Staff
- 4 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Cottage Street Advisors, LLC
Michael Davis
Control person · since October 2014
- Owns 10% to 25% of Cottage Street Advisors, LLC
Jason Haviland
Control person · since October 2017
Cottage Street Advisors’ regulatory assets grew 1.8× from $184M (March 2021) to $334M (March 2026); clients rose from 84 to 135 and employees from 3 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $334M | 135 | 4 | 3 |
| Mar 2025March 2025 | $290M | 127 | 3 | 3 |
| Mar 2024March 2024 | $238M | 127 | 3 | 2 |
| Mar 2023March 2023 | $191M | 114 | 3 | 3 |
| Mar 2022March 2022 | $234M | 100 | 3 | 2 |
| Mar 2021March 2021 | $184M | 84 | 3 | 2 |
Besides its headquarters, Cottage Street Advisors has 2 offices (2 private residences, listed without an address), with 1 listed address in 1 state.
Massachusetts · 1 listed address
- 9 Cottage Street, MarionHQ
Contact and registration details
- Legal name
- Cottage Street Advisors, LLC
- Headquarters
- 9 Cottage Street, Marion, MA 02738
- Website
- cottagestreetadvisors.com
- Phone
- 508-748-0709
- @10515216
- SEC file
- 801-80574
- Founded
- 2014
- Structure
- Massachusetts LLC
- Fiscal year end
- December
Cottage Street Advisors’ named custodians for separately managed accounts are Charles Schwab ($298M, 89%) and PNC Wealth Management ($36.1M, 11%). Cottage Street Advisors has custody of $8.96M for 11 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $298M89%
- PNC Wealth ManagementPNC Wealth Management LLC · Pittsburgh, PA · $36.1M11%
At year end, Cottage Street Advisors’ separately managed accounts were mostly in stocks (53%) and funds (37%). Its reported 13F holdings for the quarter ended 30 June 2026 total $259M across 149 positions; the largest are Pimco ETF TR (5.7%), Nvidia Corporation (5.0%) and Apple Inc. (4.4%).
What the accounts hold
- Stocks53%
- Funds37%
- Bonds2%
- Cash8%
How many clients does Cottage Street Advisors have?
Cottage Street Advisors has 135 clients and manages $334 million for them, as of March 2026. They include 84 individual clients and 51 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 6 March 2026
What services does Cottage Street Advisors offer?
Cottage Street Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, educational seminars, business succession planning, education planning, estate planning, insurance, philanthropic planning, and tax planning.
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 Cottage Street Advisors charge?
Cottage Street Advisors charges 0.75%–1.00% a year for its Investment management. The fee is billed in arrears.
Source: 03 06 2026 CSA FORM ADV PART 2A AND 2B FINAL, filed 6 March 2026
Which custodians does Cottage Street Advisors use?
Cottage Street Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $298M and PNC Wealth Management LLC (Pittsburgh, PA), with $36.1M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 6 March 2026
How many financial advisors does Cottage Street Advisors have?
Cottage Street Advisors has 2 investment adviser representatives registered with state securities authorities, out of 4 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Cottage Street Advisors invest in?
At the end of its last fiscal year, Cottage Street Advisors’ separately managed accounts held 53% exchange-traded equities, 37% registered funds (mutual funds, ETFs, BDCs), 8% cash and equivalents and 2% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Cottage Street Advisors?
Cottage Street Advisors’ direct owners are Michael Davis (75% or more) and Jason Haviland (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 6 March 2026
How does Cottage Street Advisors get paid?
Cottage Street Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. 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 Cottage Street Advisors?
Cottage Street Advisors’ main office is at 9 Cottage Street, Marion, MA 02738. Its phone number is 508-748-0709. Its website is cottagestreetadvisors.com.