Howland Capital has continued to build upon our successful strategy of controlled and sustainable growth, and we now manage over $2.6 billion in assets for over 466 relationships (e.g., individuals, families, and institutions). We have always focused on providing the highest level of service through our investment, administrative, and tax advisory/prep teams, whose foremost objective is to be a dependable partner and fiduciary. We have continued building out our senior leaders’ ranks to effectively manage our existing clients and prudently resource our future growth.
- Peter Dixon joined us five years ago after a successful career in funds management at Fidelity. He now serves as our Chief Investment Officer and Partner.
- More recently, we added Pam Halter as our Chief Fiduciary Officer. She brings a wealth of trust and estate experience from her prior job as a partner at a leading law firm in Boston and has already proven to be a valuable internal and external resource.
- Faisal Butt joined in the fall of 2022 to deepen our research capability. He has been an essential addition to the investment process and was recently promoted to Director of Research.
- Daniella MacRitchie, who joined Howland Capital 16 years ago, is our new Chief Operating Officer and has already brought valuable advice and continuity to me as CEO. She became a Partner in 2023.
- Carolyn Beatty and Patricia Wachsmuth continue to lead our tax department, having been with the firm for 14 and 16 years, respectively. Both are CPAs with considerable industry experience.
Our assets under management have grown steadily as a result of business from new clients, consolidation of assets from existing clients, and market performance. This growth was more recently augmented by multiple client relationships that came to Howland Capital as referrals from a sole proprietor adviser and friend of the firm. Our portfolio team, led by Lexi Gibbs, worked hard to assimilate these clients onto the Howland platform. We have since expanded our custodial network, which now includes Charles Schwab as well as National Advisors Trust Company.
One of our fundamental tenets is to build a firm dedicated to remaining independent. To accomplish this objective, we converted to a limited liability company several years ago and began the process of broadening the employee ownership of HCM. We have been successful in doing so, such that Charlie Clapp’s and my ownership interests are now each below 25%, and our ownership group has grown from three Partners to nine. Despite our decrease in ownership however, Charlie and I are committed to providing continuity for all client relationships as well as the ownership of the firm and will remain fully engaged in the operations of the firm.
Because the mutual trust we have with our clients is foundational to our collective success, you may rest assured that we will continue to keep you informed of how the firm is doing and any meaningful changes in leadership.
Weston Howland, III CFA
Chairman & CEO
