Ipswich Investment Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Ipswich Investment Management reports 268 clients. They include 210 individual clients, 42 high-net-worth individuals and 10 charitable organizations. Of its assets, 88.5% ($646M across 540 accounts) are managed with discretion; $83.9M across 9 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 78% | 41% |
| High-net-worth individuals | 16% | 45% |
| Charitable organizations | 4% | 11% |
| Corporations and other businesses | 2% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 210 | $298M | 40.8% | $1.42M |
| High-net-worth individuals | 42 | $330M | 45.2% | $7.85M |
| Charitable organizations | 10 | $82.3M | 11.3% | $8.23M |
| Corporations and other businesses | 6 | $20.6M | 2.8% | $3.43M |
| Total | 268 | $730M | 100% | $2.72M |
- Clients
- 210
- Regulatory AUM
- $298M
- AUM share
- 40.8%
- Avg. per client
- $1.42M
- Clients
- 42
- Regulatory AUM
- $330M
- AUM share
- 45.2%
- Avg. per client
- $7.85M
- Clients
- 10
- Regulatory AUM
- $82.3M
- AUM share
- 11.3%
- Avg. per client
- $8.23M
- Clients
- 6
- Regulatory AUM
- $20.6M
- AUM share
- 2.8%
- Avg. per client
- $3.43M
Total
- Clients
- 268
- Regulatory AUM
- $730M
- AUM share
- 100%
- Avg. per client
- $2.72M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Ipswich Investment Management charges 1.00% a year for its General fee schedule. The fee is billed in arrears and is negotiable.
Fee details and sources
Albert Titcomb owns 25% to 50% of Ipswich Investment Management. The leadership team of Ipswich Investment Management includes President Patricia Bowlin, Chief Investment Officer Eric Jostrom and Chief Compliance Officer David MacDougall. It has 11 employees, 6 of them in advisory roles.
Leadership
- Patricia BowlinSenior Vice President & Managing Director
- Alexander ColbyPresident, CEO & Managing Director
- Karen DuntonAssistant Vice President
- David MacDougallSenior Vice President, Managing Director & Chief Compliance Officer
- James McCallSenior Vice President & Managing Director
- Janell PhillipsExecutive Vice President & Managing Director
- Albert TitcombExecutive Vice President & COO
- Eric JostromChairman & Chief Investment Officer
- Molly MorinVP & CFO
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
Staff
- 11 employees
- 6 in advisory functions
- 6 state-registered reps
- 1 soliciting firm
- Owns 25% to 50% of Ipswich Investment Management Company, Inc.
Albert Titcomb
Control person · since November 2014
- Owns 25% to 50% of Ipswich Investment Management Company, Inc.
Eric Jostrom
Control person · since January 2007
- Owns 5% to 10% of Ipswich Investment Management Company, Inc.
Alexander Colby
Control person · since September 2006
Ipswich Investment Management’s regulatory assets grew from $542M (June 2021) to $730M (March 2026); clients rose from 224 to 268 and employees were 11 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $730M | 268 | 11 | 1 |
| March 2025 | $696M | 258 | 11 | 1 |
| March 2024 | $638M | 242 | 11 | 1 |
| March 2023 | $570M | 250 | 12 | 1 |
| May 2022 | $665M | 241 | 12 | 2 |
| June 2021 | $542M | 224 | 11 | 2 |
Besides its headquarters, Ipswich Investment Management has 0 offices, with 1 listed address in Massachusetts.
Massachusetts · 1 listed address
- 138 Conant Street, Suite 201, BeverlyHQ
Contact and registration details
- Legal name
- Ipswich Investment Management Company, Inc.
- Headquarters
- 138 Conant Street, Suite 201, Beverly, MA 01915
- Website
- ipswichinvestment.com
- Phone
- 978-356-6333
- SEC file
- 801-26465
- Structure
- Massachusetts corporation
- Fiscal year end
- December
Ipswich Investment Management uses Fidelity ($551M, 81%) and Charles Schwab ($132M, 19%) as custodians for its separately managed accounts. Ipswich Investment Management has custody of client assets.
- FidelityNational Financial Services LLC · Boston, MA · $551M81%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $132M19%
At year end, Ipswich Investment Management’s separately managed accounts were mostly in stocks (73%) and bonds (18%). Its reported 13F holdings for the quarter ended 30 June 2026 total $474M across 190 positions; the largest are Apple Inc. (5.1%), Microsoft Corp. (4.9%) and Alphabet Inc. (4.1%).
What the accounts hold
- Stocks73%
- Funds6%
- Bonds18%
- U.S. government and agency bonds14%
- Investment grade corporate bonds4%
- Cash4%
Reported 13F holdings
- $474M
- Reported 13F value
- 190
- Positions
- 34.6%
- In the 10 largest
- +11.2%
- Value vs. prior quarter
- Apple Inc.5.1%
- Microsoft Corp.4.9%
- Alphabet Inc. · Cap Stk CL A4.1%
- Caterpillar Inc.3.5%
- iShares TR · Russell 3000 ETF3.3%
- JPMORGAN Chase & CO3.0%
- Nvidia Corporation2.9%
- Costco Wholesale Corporation2.7%
- Exxonmobil Holdings Corp. Com Shs2.6%
- Palo Alto Networks Inc.2.4%
Together, the ten largest are 34.6% of reported value.
How many clients does Ipswich Investment Management have?
Ipswich Investment Management has 268 clients and manages $730 million for them, as of March 2026. They include 210 individual clients, 42 high-net-worth individuals and 10 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 March 2026
What services does Ipswich Investment Management offer?
Ipswich Investment Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Ipswich Investment Management charge?
Ipswich Investment Management charges 1.00% a year for its General fee schedule. The fee is billed in arrears and is negotiable.
Which custodians does Ipswich Investment Management use?
Ipswich Investment Management’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $551M and Charles Schwab & Co., Inc. (San Francisco, CA), with $132M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 March 2026
How many financial advisors does Ipswich Investment Management have?
Ipswich Investment Management has 6 investment adviser representatives registered with state securities authorities, out of 11 employees, and 6 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 Ipswich Investment Management invest in?
At the end of its last fiscal year, Ipswich Investment Management’s separately managed accounts held 73% exchange-traded equities, 14% U.S. government and agency bonds, 6% registered funds (mutual funds, ETFs, BDCs), 4% investment grade corporate bonds and 4% 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 Ipswich Investment Management?
Ipswich Investment Management’s direct owners are Albert Titcomb, Eric Jostrom and Alexander Colby, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 16 March 2026
How does Ipswich Investment Management get paid?
Ipswich Investment Management is paid through a percentage of assets under management 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 Ipswich Investment Management?
Ipswich Investment Management’s main office is at 138 Conant Street, Suite 201, Beverly, MA 01915. Its phone number is 978-356-6333. Its website is ipswichinvestment.com.