9AT: FERNWOOD INVESTMENT MANAGEMENT, LLC

FERNWOOD INVESTMENT MANAGEMENT, LLC

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other names

FERNWOOD INVESTMENT MANAGEMENT, LLC
POINT ALLERTON LLC

Adviser Profile

Registration status

Registration Changed to POINT ALLERTON LLC

As of Date	02/14/2025
ADV Location	QUINCY, MA, United States
Adviser Type - Large advisory firm
Number of Employees	6
of those in investment advisory functions	4

AUM^*	435,709,535 0%
of that, discretionary	430,393,888 0%
Private Fund GAV^*	0 -100%
Avg Account Size	584,845 -1%
% High Net Worth	56.63% 8%
SMA’s	Yes
Private Funds	0 2
Contact Info	617 xxxxxxx
Websites

Client Types

- Individuals (other than high net worth individuals)
- High net worth individuals
- Pooled investment vehicles

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles
- Selection of other advisers

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Reported AUM

435M 373M 311M 249M 186M 124M 62M

2015 2016 2017 2018 2019 2020 2021 2022 2023

Discretionary

Non-discretionary

Private Funds

GAV Count

Employees

Brochure Summary

Overview

Fernwood Investment Management, LLC, A Delaware Limited Liability Company has been in business since 2003. Thomas P. Reilly is Fernwood’s Founder, Managing Member, CCO and Portfolio Manager. Tom has been in the investment business for over 45 years. As of December 31, 2023, Fernwood had total assets under management of $435,709,535 on a discretionary and non-discretionary basis. Fernwood Investment Management, LLC (“Fernwood”), is an SEC registered investment adviser providing investment management services and personalized investment advice. Fernwood will create a custom investment portfolio for each client that is suited to meet unique needs and takes into consideration a client’s time horizon, income needs, risk tolerances, outside holdings and tax status. If desired, clients have the right to impose restrictions on their investments. Fernwood manages a variety of investment strategies including traditional asset classes such as stocks and bonds, directly and through mutual fund and exchange traded fund (“ETF”) investments, and non-traditional investments such as private equity funds, venture capital, real estate, and hedge funds that result in a well-rounded portfolio based on a client’s tolerance for risk. Fernwood’s investment policy is to adhere to a long-term, fundamentally driven discipline to achieve above-market rates

of return with below market risk. Fernwood also currently serves as a general partner [or investment manager] of a private investment fund, Pennmont Fund (the “Private Fund”) and Fernwood GXT/Praine, LLC. These Alternative Investments allow Fernwood to facilitate pooled client allocations to alternative asset classes where the minimum size of direct investments would result in too large and concentrated an investment for the client. The Private Fund(s) have their own set of private offering documents that must be reviewed by a client prior to an investment in that Private Fund. This Brochure does not constitute an offer to sell or the solicitation of an offer to purchase an interest in any of the Private fund. Such an offer may be made only by means of the Private Fund’s offering documents addressed to the intended recipient. In 2018, Fernwood entered into an agreement with SMArtX Advisory Solutions (“SmartX”). Through SmartX, Fernwood can access third-party managers using the SmartX Platform. Charels Schwab still remains the custodian for these accounts. In November of 2021, one of our clients entered into an Advisory agreement with Lind Capital Partners, to manage the investments in one of his accounts, custodied at Charles Schwab. Page 2 of 9