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.
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