Updated:
F.L.Putnam Investment Management
F.L.Putnam Investment Management is an SEC-registered investment adviser in Boston, MA, since 1971. The firm manages $117.2 billion in assets, with $110.6...
F.L.Putnam Investment Management
F.L.Putnam Investment Management is an SEC-registered investment adviser in Boston, MA, since 1971. The firm manages $117.2 billion in assets, with $110.6 billion on a discretionary basis. It has 139 employees and 72 investment advisers.
General information
Firm type
Bank / Wealth / Trust
Year founded
1983
Location
Region
North America
Country
United States
City
Boston
Corporate office
Portland, ME, United States
Principals
Thomas F. Putnam
Chairman
Sector focus
Frequently asked questions
How is F.L.Putnam structured — is it a single-family office or a multi-client RIA?
F.L.Putnam is a multi-client registered investment advisor (RIA), not a family office. It serves high-net-worth individuals, families, endowments, and foundations. The firm is employee-owned and has not taken outside private-equity capital, an unusual profile for an RIA managing more than $6 billion.
Who holds decision-making authority for investment strategy at F.L.Putnam?
Thomas F. Putnam founded the firm and remains chairman. The firm runs its own internal equity and fixed-income strategies — meaning in-house portfolio managers make direct security-selection decisions for public-markets allocations. For private-markets and alternative exposures, the firm selects and monitors external managers.
Does F.L.Putnam manage private equity or venture capital directly?
No. F.L.Putnam does not run direct private equity or venture funds. The firm accesses private equity, private credit, and real estate by selecting external managers on behalf of clients — functioning as an allocator in private markets rather than a direct sponsor.
What kind of clients does F.L.Putnam serve?
The firm works with high-net-worth individuals and families, plus institutional clients — primarily endowments and foundations — concentrated in the northeastern United States. The firm's Portland, Maine, location makes it a regional anchor for New England wealth, though its client base is not publicly disclosed in detail.
Does F.L.Putnam have any external affiliations or network-based sourcing advantages?
No public indication suggests F.L.Putnam participates in co-investment clubs like Tiger 21, R360, or YPO, nor does it operate a family-office network. Deal flow arrives through traditional RIA channels — direct manager relationships, institutional research, and custody-platform access — rather than a peer-network model.
Is F.L.Putnam's ownership settled for the next generation of leadership?
Thomas Putnam has led the firm since founding in 1983. There is no publicly available detail on a formal succession plan or the sale of equity to a next-generation leadership group. The firm's continued independence suggests internal succession is the default path, but this has not been confirmed in public filings or statements.
What investment stages or market caps does F.L.Putnam typically target in public equities?
The firm's internal equity strategies cover large-cap, small-cap, and international equities. There is no public evidence of a dedicated micro-cap or emerging-markets mandate. The portfolio construction typically blends Putnam's own strategies with third-party active and passive funds to fill any mandate gaps.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on registered investment advisers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: