Mayflower Financial Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 251–500 clients last fiscal year. The firm advises 2 private funds.
Mayflower Financial Advisors reports 1,225 clients. They include 593 individual clients, 333 high-net-worth individuals, and 249 pension and profit-sharing plans. Of its assets, 30.5% ($1.77B across 2,735 accounts) are managed with discretion; $4.04B across 189 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 48% | 3% |
| High-net-worth individuals | 27% | 20% |
| Pooled investment vehicles | <1% | <1% |
| Pension and profit-sharing plans | 20% | 76% |
| Charitable organizations | 2% | <1% |
| Other client typesCorporations and other businesses | 2% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 593 | $204M | 3.5% | $343K |
| High-net-worth individuals | 333 | $1.15B | 19.7% | $3.44M |
| Pooled investment vehicles | 2 | $1.59M | 0.0% | $794K |
| Pension and profit-sharing plans | 249 | $4.4B | 75.6% | $17.7M |
| Charitable organizations | 21 | $23.5M | 0.4% | $1.12M |
| Corporations and other businesses | 27 | $44.8M | 0.8% | $1.66M |
| Total | 1,225 | $5.82B | 100% | $4.75M |
- Clients
- 593
- Regulatory AUM
- $204M
- AUM share
- 3.5%
- Avg. per client
- $343K
- Clients
- 333
- Regulatory AUM
- $1.15B
- AUM share
- 19.7%
- Avg. per client
- $3.44M
- Clients
- 2
- Regulatory AUM
- $1.59M
- AUM share
- 0.0%
- Avg. per client
- $794K
- Clients
- 249
- Regulatory AUM
- $4.4B
- AUM share
- 75.6%
- Avg. per client
- $17.7M
- Clients
- 21
- Regulatory AUM
- $23.5M
- AUM share
- 0.4%
- Avg. per client
- $1.12M
- Clients
- 27
- Regulatory AUM
- $44.8M
- AUM share
- 0.8%
- Avg. per client
- $1.66M
Total
- Clients
- 1,225
- Regulatory AUM
- $5.82B
- AUM share
- 100%
- Avg. per client
- $4.75M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 2
- Financial planning clients last fiscal year
- 251–500
Mayflower Financial Advisors is paid through a percentage of assets under management and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Mayflower Financial Holdings, LLC owns 75% or more of Mayflower Financial Advisors and is in turn owned by Mayflower Legacy Partners LLC (75% or more). The leadership team of Mayflower Financial Advisors includes Chief Compliance Officer Vinson Brod. It has 33 employees, 27 of them in advisory roles.
Leadership
- Vinson BrodChief Compliance Officer
- Steven DimitriouManaging Partner/CEO
- Lawrence GlazerManaging Partner
- Lloyd GlazerManaging Partner
Investment adviser representatives
27 representatives listed in the SEC register as of 9 October 2026.
- Christopher Barrett
- Danielle Lise Breen
- Jonathan Rollins Brown
- Corydon George Callahan
- Jeff Joseph Cashin
- Louis Francis Chong
- Allison M. Crate
- Ryan Patrick Foley
- Bradley Allen Gorney
- Joseph Paul Kendall
- John Albert Longo
- David John Manukjan
- Jared Jon Manville
- Peter Geary Martin
- Matthew Jason McLoy
- Christopher Ryan McSherry
- Jeffrey Samuel Mehne
- John Henry Mitchell
- Jonida Mucka Papajani
- Maurice Hamilton Patterson
- Philip Thomas Purpura
- Jonathan Arthur Taylor
- John L Wilcox
Staff
- 33 employees
- 27 in advisory functions
- 27 state-registered reps
- 22 broker-dealer reps
- 8 insurance agents
- Owns 75% or more of Mayflower Financial Advisors, LLC
Mayflower Financial Holdings, LLC
since September 2023
- Owns 75% or more of Mayflower Financial Holdings, LLC
Mayflower Legacy Partners LLC
since September 2023
- Owns 25% to 50% of Mayflower Legacy Partners LLC
Steven Dimitriou
Control person · since September 2023
- Owns 25% to 50% of Mayflower Legacy Partners LLC
Lloyd Glazer
Control person · since September 2023
- Owns 25% to 50% of Mayflower Legacy Partners LLC
Lawrence Glazer
Control person · since September 2023
Mayflower Financial Advisors’ regulatory assets grew 6.5× from $902M (April 2021) to $5.82B (August 2026); clients rose from 698 to 1,225 and employees fell from 35 to 33.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $5.82B | 1,225 | 33 | 8 |
| March 2025 | $4.78B | 1,085 | 30 | 7 |
| March 2024 | $4.69B | 1,118 | 28 | 4 |
| March 2023 | $1.03B | 859 | 37 | 5 |
| March 2022 | $1.07B | 796 | 32 | 3 |
| April 2021 | $902M | 698 | 35 | 3 |
Besides its headquarters, Mayflower Financial Advisors has 7 offices (2 private residences, listed without an address), with 6 listed addresses in Massachusetts, North Carolina and Rhode Island.
Massachusetts · 4 listed addresses
- 265 Franklin Street, Suite 401, BostonHQ
- 287 Turnpike Road, Westborough
- 275 Grove Street, Newton
- 5 Elm Street, Danvers
North Carolina · 1 listed address
- 120 West Parrish St, Durham
Rhode Island · 1 listed address
- 225 Dyer Street, Providence
Contact and registration details
- Legal name
- Mayflower Financial Advisors, LLC
- Headquarters
- 265 Franklin Street, Suite 401, Boston, MA 02110
- Website
- Not reported
- Phone
- 617-259-1767
- SEC file
- 801-118381
- Structure
- Delaware LLC
- Fiscal year end
- December
Mayflower Financial Advisors uses Fidelity ($2.46B, 55%), Pershing ($1.44B, 32%) and Adp Broker-Dealer ($597M, 13%) as custodians for its separately managed accounts. Mayflower Financial Advisors has custody of $233M in client assets for 345 clients.
- PershingPershing LLC · Jersey City, NJ · $1.44B32%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $2.46B55%
- Adp Broker-DealerAdp Broker-Dealer, Inc. · Roseland, NJ · $597M13%
At year end, Mayflower Financial Advisors’ separately managed accounts were mostly in stocks (56%) and funds (24%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.16B across 499 positions; the largest are iShares TR (3.7%), SPDR Series Trust (3.6%) and Duke Energy Corp. New (3.2%).
What the accounts hold
- Stocks56%
- Funds24%
- Registered funds22%
- Pooled vehicles2%
- Bonds2%
- Cash18%
Reported 13F holdings
- $1.16B
- Reported 13F value
- 499
- Positions
- 23.9%
- In the 10 largest
- +40.5%
- Value vs. prior quarter
- iShares TR · Core S&P500 ETF3.7%
- SPDR Series Trust · ST Str P500etf3.6%
- Duke Energy Corp. New3.2%
- Mcdonalds Corp.2.3%
- Abbvie Inc.2.2%
- Apple Inc.2.1%
- Exxon Mobil Corp.1.9%
- Altria Group Inc.1.7%
- iShares TR · S&P 500 Grwt ETF1.7%
- Schwab Strategic TR · US Dividend EQ1.6%
Together, the ten largest are 23.9% of reported value.
How many clients does Mayflower Financial Advisors have?
Mayflower Financial Advisors has 1,225 clients and manages $5.82 billion for them, as of August 2026. They include 593 individual clients, 333 high-net-worth individuals, and 249 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 5 August 2026
What services does Mayflower Financial Advisors offer?
Mayflower Financial Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Mayflower Financial Advisors use?
Mayflower Financial Advisors’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $2.46B, Pershing LLC (Jersey City, NJ), with $1.44B and Adp Broker-Dealer, Inc. (Roseland, NJ), with $597M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 August 2026
How many financial advisors does Mayflower Financial Advisors have?
Mayflower Financial Advisors has 27 investment adviser representatives registered with state securities authorities, out of 33 employees, and 27 perform investment advisory functions. 22 employees are registered representatives of a broker-dealer and 8 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 Mayflower Financial Advisors invest in?
At the end of its last fiscal year, Mayflower Financial Advisors’ separately managed accounts held 56% exchange-traded equities, 22% registered funds (mutual funds, ETFs, BDCs), 18% cash and equivalents, 2% state and local bonds and 2% pooled vehicles (private funds and similar). It advises 2 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Mayflower Financial Advisors?
Mayflower Financial Advisors is owned through a chain of holding companies by Steven Dimitriou and Lloyd and Lawrence Glazer. Its direct owner is Mayflower Financial Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 5 August 2026
How does Mayflower Financial Advisors get paid?
Mayflower Financial Advisors 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 Mayflower Financial Advisors?
Mayflower Financial Advisors’ main office is at 265 Franklin Street, Suite 401, Boston, MA 02110. Its phone number is 617-259-1767.