Wainwright Investment Counsel provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars. The firm advises 1 private fund.
Wainwright Investment Counsel reports 214 clients. They include 108 high-net-worth individuals, 68 individual clients and 12 charitable organizations. Of its assets, 2.3% ($127M across 62 accounts) are managed with discretion; $5.39B across 152 accounts are not. Of its clients, 11% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 32% | <1% |
| High-net-worth individuals | 50% | 31% |
| Pooled investment vehicles | <1% | <1% |
| Pension and profit-sharing plans | 2% | <1% |
| Charitable organizations | 6% | 3% |
| Other client typesState or municipal government entities; Corporations and other businesses; Other | 10% | 65% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 68 | $42.3M | 0.8% | $622K |
| High-net-worth individuals | 108 | $1.69B | 30.7% | $15.7M |
| Pooled investment vehicles | 1 | $13.5M | 0.2% | $13.5M |
| Pension and profit-sharing plans | Fewer than 5 | $5.99M | 0.1% | $1.5M |
| Charitable organizations | 12 | $161M | 2.9% | $13.5M |
| State or municipal government entities | 10 | $2.84B | 51.5% | $284M |
| Corporations and other businesses | 9 | $25.3M | 0.5% | $2.81M |
| Other | Fewer than 5 | $732M | 13.3% | $366M |
| Total | 214 | $5.52B | 100% | — |
- Clients
- 68
- Regulatory AUM
- $42.3M
- AUM share
- 0.8%
- Avg. per client
- $622K
- Clients
- 108
- Regulatory AUM
- $1.69B
- AUM share
- 30.7%
- Avg. per client
- $15.7M
- Clients
- 1
- Regulatory AUM
- $13.5M
- AUM share
- 0.2%
- Avg. per client
- $13.5M
- Clients
- Fewer than 5
- Regulatory AUM
- $5.99M
- AUM share
- 0.1%
- Avg. per client
- $1.5M
- Clients
- 12
- Regulatory AUM
- $161M
- AUM share
- 2.9%
- Avg. per client
- $13.5M
- Clients
- 10
- Regulatory AUM
- $2.84B
- AUM share
- 51.5%
- Avg. per client
- $284M
- Clients
- 9
- Regulatory AUM
- $25.3M
- AUM share
- 0.5%
- Avg. per client
- $2.81M
- Clients
- Fewer than 5
- Regulatory AUM
- $732M
- AUM share
- 13.3%
- Avg. per client
- $366M
Total
- Clients
- 214
- Regulatory AUM
- $5.52B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 11%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 1
- Financial planning clients last fiscal year
- 0
Wainwright Investment Counsel is paid through a percentage of assets under management, fixed fees (other than subscription fees), performance-based fees and other compensation; its fees and minimums are set out in its brochures on the SEC website.
Eric Bertonazzi owns 25% to 50% of Wainwright Investment Counsel. Eric Bertonazzi is CEO; the leadership team includes President Gustavo Aristizabal, Chief Investment Officer Matthew Seney and Chief Financial Officer Paul Martins. It has 17 employees, 10 of them in advisory roles.
Staff
- 17 employees
- 10 in advisory functions
- 12 state-registered reps
- 16 broker-dealer reps
- 3 soliciting firms
- Owns 25% to 50% of Wainwright Investment Counsel LLC
Eric Bertonazzi
Control person · since July 2013
- Owns 5% to 10% of Wainwright Investment Counsel LLC
Stephen Barrett
Control person · since January 2005
- Owns 5% to 10% of Wainwright Investment Counsel LLC
Gustavo Aristizabal
Control person · since November 2015
- Owns 5% to 10% of Wainwright Investment Counsel LLC
Matthew Seney
since July 2013
- Owns 5% to 10% of Wainwright Investment Counsel LLC
WCH Holdings Corp.
since October 2015
- Owns 75% or more of WCH Holdings Corp.
Bryan J. Zwan Family Trust
Control person · since October 2015
Brett Hendee
Trustee · Control person · since October 2015
June Zwan
Trustee · Control person · since October 2015
Wainwright Investment Counsel’s regulatory assets grew from $4.09B (July 2021) to $5.52B (September 2026); clients rose from 181 to 214 and employees fell from 20 to 17.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $5.52B | 214 | 17 | 1 |
| Jun 2025June 2025 | $5.55B | 207 | 16 | 1 |
| Jun 2024June 2024 | $4.95B | 210 | 16 | 1 |
| May 2023May 2023 | $4.39B | 203 | 18 | 1 |
| Jun 2022June 2022 | $4.86B | 194 | 18 | 1 |
| Jul 2021July 2021 | $4.09B | 181 | 20 | 1 |
Besides its headquarters, Wainwright Investment Counsel has 0 offices, with 1 listed address in 1 state.
Massachusetts · 1 listed address
- One Boston Place, 29th Floor, BostonHQ
Contact and registration details
- Legal name
- Wainwright Investment Counsel LLC
- Headquarters
- One Boston Place, 29th Floor, Boston, MA 02108
- Website
- Not reported
- Phone
- 617-531-3100
- SEC file
- 801-56485
- Structure
- Delaware LLC
- Fiscal year end
- December
Wainwright Investment Counsel’s named custodian for separately managed accounts is M&T Bank ($2.9B). Wainwright Investment Counsel has custody of client assets.
- M&T BankM&T Bank Corporation · Buffalo, NY · $2.9B100%
At year end, Wainwright Investment Counsel’s separately managed accounts were mostly in funds (64%) and stocks (30%).
What the accounts hold
- Stocks30%
- Funds64%
- Pooled vehicles53%
- Registered funds11%
- Bonds4%
- U.S. government and agency bonds2%
- Investment grade corporate bonds2%
- Cash2%
How many clients does Wainwright Investment Counsel have?
Wainwright Investment Counsel has 214 clients and manages $5.52 billion for them, as of September 2026. They include 108 high-net-worth individuals, 68 individual clients and 12 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 15 September 2026
What services does Wainwright Investment Counsel offer?
Wainwright Investment Counsel provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Wainwright Investment Counsel use?
Wainwright Investment Counsel’s separately managed account assets are held at M&T Bank Corporation (Buffalo, NY), with $2.9B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 15 September 2026
How many financial advisors does Wainwright Investment Counsel have?
Wainwright Investment Counsel has 12 investment adviser representatives registered with state securities authorities, out of 17 employees, and 10 perform investment advisory functions. 16 employees are registered representatives of a broker-dealer and 0 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 Wainwright Investment Counsel invest in?
At the end of its last fiscal year, Wainwright Investment Counsel’s separately managed accounts held 53% pooled vehicles (private funds and similar), 30% exchange-traded equities, 11% registered funds (mutual funds, ETFs, BDCs), 2% U.S. government and agency bonds, 2% investment grade corporate bonds and 2% cash and equivalents. It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Wainwright Investment Counsel?
Wainwright Investment Counsel’s direct owners are Stephen Barrett, Eric Bertonazzi, Gustavo Aristizabal, Matthew Seney and WCH Holdings Corp., each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 15 September 2026
How does Wainwright Investment Counsel get paid?
Wainwright Investment Counsel is paid through a percentage of assets under management, fixed fees, performance-based fees and other compensation. Its Form ADV lists no commissions 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 Wainwright Investment Counsel?
Wainwright Investment Counsel’s main office is at One Boston Place, 29th Floor, Boston, MA 02108. Its phone number is 617-531-3100.
