# F L Putnam Investment Management Co.

> F L Putnam Investment Management Co. is an SEC-registered investment advisory firm in Lynnfield, MA, registered since 1984, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 19, 2026.

- CRD: 106223
- Filed as: F L PUTNAM INVESTMENT MANAGEMENT CO.
- Also doing business as: F.L.PUTNAM INVESTMENT MANAGEMENT CO., FLP, FLP ATRATO CONSULTING, FLPUTNAM INVESTMENT MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Lynnfield, MA
- Filing period: October 2026
- Form ADV filing dated: August 19, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/106223
- AdvisorCensus page: https://advisorcensus.com/firm/f-l-putnam-investment-management-co-lynnfield-ma-106223

## Quick answers

**How is F L Putnam Investment Management Co. compensated?**
On its Form ADV (Item 5.E, October 2026), F L Putnam Investment Management Co. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); other.

**How much does F L Putnam Investment Management Co. charge?**
Its Form ADV Part 2A brochure dated July 10, 2026 states: Flat fee: $5,000 (Financial Planning for clients with total assets of less than $5 million). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is F L Putnam Investment Management Co. located?**
F L Putnam Investment Management Co.'s principal office is in Lynnfield, MA, according to its Form ADV; the September 2026 filing also lists 13 other offices (Schedule D, Section 1.F).

**Is F L Putnam Investment Management Co. registered with the SEC or a state?**
F L Putnam Investment Management Co. is an SEC-registered investment advisory firm, registered since 1984. Status as filed: Approved. CRD 106223.

**How much does F L Putnam Investment Management Co. manage?**
F L Putnam Investment Management Co. reports $9,715,433,173 in regulatory assets under management in its Form ADV filing dated August 19, 2026 (99% discretionary).

**How have F L Putnam Investment Management Co.'s assets and staff changed since 2021?**
In the Form ADV data for F L Putnam Investment Management Co.: Regulatory assets under management: $3,721,873,743 in the October 2021 data and $9,715,433,173 in the October 2026 data, up 161%. Total employees: 53 in October 2021 and 160 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does F L Putnam Investment Management Co. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (1,488); individuals (other than high net worth individuals) (1,335); charitable organizations (203).

**Which custodians does F L Putnam Investment Management Co. use?**
F L Putnam Investment Management Co.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., National Financial Services LLC and Northern Trust as custodians holding 10% or more of its separately managed account assets.

**Does F L Putnam Investment Management Co. report any disciplinary disclosures?**
Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.C(1) (SEC or CFTC finding of a false statement or omission), 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/106223

**What changed in F L Putnam Investment Management Co.'s recent Form ADV filings?**
In the September 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated July 10, 2026)

- Flat fee: $5,000 (Financial Planning for clients with total assets of less than $5 million)

> Stand-alone, complete financial planning services are provided as a fixed fee. The fee for Financial Planning is: $5,000 for clients with total assets of less than $5 million

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- National Financial Services LLC
- Northern Trust

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $9,715,433,173
- Discretionary: $9,639,734,328
- Non-discretionary: $75,698,845

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,335 | $522,299,686 |
| High net worth individuals | 1,488 | $7,039,408,994 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 1 | $92,938,201 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 6 | $173,256,772 |
| Charitable organizations | 203 | $1,749,315,515 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 21 | $138,214,005 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 1984 (42 years)
- Employees: 160 total, 90 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, AZ, CA, CO, CT, DC, FL, GA, IL, IN, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NH, NJ, NV, NY, OH, OR, PA, RI, SC, TN, TX, VA, VT, WA, WI
- Disclosures (Item 11): Reports 4 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(1): Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/106223

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Amherst, NY
- Boston, MA
- Kalamazoo, MI
- Los Angeles, CA
- Mashpee, MA
- Needham, MA
- New York, NY
- Pembroke, MA
- Portland, ME
- Portsmouth, NH
- Providence, RI
- Reston, VA
- Wolfeboro, NH

### Websites listed on Form ADV (Item 1.I)
- [flputnam.com](https://flputnam.com)
- LinkedIn @f-l-putnam-investment-management-company

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,721,873,743 | 53 | May 10, 2021 |
| October 2022 | $4,547,177,967 | 63 | June 6, 2022 |
| October 2023 | $4,302,700,958 | 84 | April 17, 2023 |
| October 2024 | $6,168,006,683 | 105 | August 1, 2024 |
| October 2025 | $7,695,902,054 | 134 | July 14, 2025 |
| October 2026 | $9,715,433,173 | 160 | August 19, 2026 |

Regulatory assets under management: $3,721,873,743 in the October 2021 data and $9,715,433,173 in the October 2026 data, up 161%.
Total employees: 53 in October 2021 and 160 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Updated its list of owners and control persons (Schedule A).

### August 2026
- Added an office in Portsmouth, NH.
- Updated its list of owners and control persons (Schedule A).

### June 2026
- Changed its office addresses in Boston, MA.
- Added an office in Los Angeles, CA.

### May 2026
- Added the business name FLP.

### April 2026
- Added the business name F.l.putnam Investment Management Co..
- Added the business name Flputnam Investment Management.
- Employees performing advisory functions went from 73 to 90.
- Regulatory assets under management went from $7,695,902,054 to $9,715,433,173 (+26%).
- Added an office in Kalamazoo, MI.
- No longer lists an office in North Charleston, SC.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Registered or notice-filed in AL.

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. F L Putnam Investment Management Co. (CRD 106223): Form ADV filing data as of October 2026.