Specialties

Wealth Management

The likelihood of a successful retirement depends largely on your ongoing rate of return. Professional management and planning can help you achieve a worry-free future. Custom-tailored portfolio design including asset allocation, risk assessment and daily monitoring of all investment positions will keep you on the right track.

Our Asset Management Specialties

We specialize in financial planning and wealth management for individuals with substantial wealth and incomes. We serve as your personal financial advocate. We provide comprehensive, objective advice but do not sell insurance or investment products. 

Professional Services
As fee-only comprehensive financial advisors, we offer a variety of professional services. Learn more about our services below.

Cash Flow Planning

Our mission is to help our clients develop a comprehensive, integrated approach to managing their financial lives and thereby make the best use of their financial resources. This includes a thorough review of current and projected cash flow. 

Income Tax Planning

We are trained to deal with the complex interactions of your financial life. For example: designing tax-efficient investment portfolios, identifying tax reduction strategies, reviewing past tax filings, and addressing issues such as the Alternative Minimum Tax, stock options, and employee benefits packages. 

Retirement Planning

Maintaining purchasing power over long time periods is the true challenge of retirement planning. Due to the impact of inflation, fixed streams of income gradually lose their value over time. We strive to balance the conflicting goals of sufficient growth to keep pace with inflation versus low portfolio volatility. 


In response to the question "how much can we take out of our portfolio each year?" we model the sustainability of various levels of portfolio withdrawals using probability techniques.

Investment Management

Our investment planning and implementation comes only after a detailed review of your overall financial situation. All decisions are guided by an investment policy statement created and mutually agreed upon as a part of our comprehensive planning. Our portfolios consist primarily of no-load mutual funds, exchange-traded funds and individual bonds.

Risk Management

A key element of long-term financial security is the identification and reduction of various risk exposures including personal insurance needs. We work with our clients to identify these risks and recommend qualified insurance professionals.

Estate & Charitable Planning

Anticipated changes in the estate tax system may require a complete review of existing wills and trusts so that they continue to reflect your wishes. In this regard we help coordinate your needs with estate planning attorneys. Charitable bequests and lifetime gifting techniques also may serve as suitable strategic components of a complete estate plan.

Education Funding

One of the most significant financial challenges facing many parents and grandparents is the ever increasing costs of higher education. For many years these costs have escalated at a rate higher than the rate of inflation. Section 529 plans provide a tax-advantaged method of accumulating for college needs. In some circumstances, direct payment of tuition costs by grandparents may provide estate planning advantages as well.

Asset Management Made Easy

Independent. Objective. Experienced.

Devonshire Asset Management, Inc. was founded to address the complexity of contemporary wealth management. We offer objective advice and solutions based solely on the goals, needs and preferences of our clients. As fiduciaries of the public trust we are required by law to place our clients' interests ahead of our own and to disclose any conflicts of interest.

ABOUT US

Are You Ready For Retirement?

We offer custom plans for all our clients.

The path to retirement may be different for everyone and therefore requires a custom designed plan. Ensuring sufficient income and preserving assets for future generations requires thoughtful and methodical strategies. Contact us today to receive your own Retirement Readiness Assessment!

CONTACT US

Devonshire Asset Management

Plan a Worry-Free Retirement

Whether you're planning your retirement or already retired, you can benefit from a relationship with Devonshire. You need advice you can trust; a financial advisor who is unbiased, who is not influenced by commissions, and who is not paid to sell products. Devonshire Asset Management can give you the peace of mind that comes from planning a secure future. You can be confident in knowing your personal financial matters will be safely and professionally managed.

CONTACT US

Get a Head Start on Your Retirement

Contact us today to receive unbiased and professional asset management and retirement planning services.

Contact Us

Visit Us

92 Montvale Ave., Suite 4170

Stoneham, MA 02180

Asset Management FAQs

  • Can you tell me more about your company?

    Devonshire Asset Management has been in the asset management business for over 39 years. We have helped individuals, couples, families, and businesses receive the most out of their financial situation. We can help you plan a worry-free retirement by providing expert investment management and custom-tailored financial strategies. No one in the asset management industry has a better reputation, and if you give us the chance we’ll show you why. 


    Whether you’re planning your retirement or already retired, you can benefit from a relationship with Devonshire. We know you need advice you can trust from a financial advisor who is not affected by biases, not influenced by commissions, and not paid to sell products. We offer asset management services that put your interests first. We operate by a very strict code of ethics and as fiduciaries of the public trust, we are required by law to place our clients' interests ahead of our own and to disclose any conflicts of interest. We would not have it any other way.


    Devonshire Asset Management can give you the peace of mind that comes from planning a secure future. You can be confident in knowing your personal financial matters will be well-planned and professionally managed. Give us a call today to start planning your worry-free future.

  • Do you have any financial relationships with brokerage firms or companies?

    No. We are fee-only advisors and as such have no financial relationships with any brokerage firms, mutual fund companies, or money managers; the only compensation we receive is from our clients. We offer objective advice and solutions based solely on the goals, needs and preferences of our clients.


    We offer truly comprehensive and fee-only asset management and financial services. We are members of, The National Association of Personal Financial Advisors (NAPFA). NAPFA is the largest professional organization of Fee-Only comprehensive financial advisors in the United States. With more than 1,500 members and affiliates nationwide, NAPFA members provide consumers and institutions with objective comprehensive financial advice on a Fee-Only basis.

  • How can I contact your company?

    You can contact us at 781-435-0063 or tomwade@devonshireonline.com. Alternatively, you could use one of the contact forms on our website. We look forward to hearing from you!

  • What is the purpose of asset management?

    There are many reasons to take advantage of asset management services. Asset management services from Devonshire can grow your portfolio over time while mitigating risk. Our team will manage your investments on your behalf. We determine what investments to make, or avoid, that will grow your portfolio. We conduct rigorous research utilizing both macro and micro analytical tools and have over 39 years of experience backing us. To learn more about our complete asset management services, call us at 781-435-0063.

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