Asset Manager

Updated:

Worcester Advisors

Worcester Investments is a multifamily investment company founded in 2006 in Kansas City, Missouri. It acquires, repositions, and manages multifamily and...

Worcester Advisors

Worcester Investments is a multifamily investment company founded in 2006 in Kansas City, Missouri. It acquires, repositions, and manages multifamily and commercial real estate properties. The company offers equity investments, private lending, and property management services to accredited investors.

General information

Firm type

Asset Manager

AUM

$100 million (per firm website)

Location

Region

North America

Country

United States

City

Worcester

Corporate office

Worcester, MA, United States

Principals

David M. Frazier

President

Joseph J. Bourque

Chief Compliance Officer, Investment Advisor

Sangam Dahal

Investment Advisor Representative

Jacob Wharton

Investment Advisor Representative

Frequently asked questions

How does Worcester Advisors manage client assets?

The firm operates as a registered investment adviser providing tailored wealth management, trust administration, retirement planning, and tax-and-cash-management services. It does not publicly report a proprietary fund structure, direct-deal program, or pooled investment vehicle. Client portfolios are managed on a discretionary or non-discretionary basis through individual advisory relationships.

Who makes investment decisions at Worcester Advisors?

President David M. Frazier leads the firm. Investment-advisor representatives Joseph Bourque, Sangam Dahal, and Jacob Wharton are listed on the firm's website as part of the advisory team, alongside an investment-advisor intern. The firm does not publicly detail its investment-committee structure or external sub-advisor relationships.

Does Worcester Advisors serve institutional or family-office investors?

The firm's public materials target individuals and families seeking help with retirement, trust oversight, and tax planning. There is no disclosed institutional or family-office mandate, pooled vehicle, or co-investment program. The firm's scale — $100 million in AUM and a five-person team — aligns with a private-wealth advisory practice.

What is Worcester Advisors' geographic focus?

The firm operates from a single office in Worcester, Massachusetts, and its contact page explicitly invites prospects in the Worcester area to connect. No other office locations, regional satellite hubs, or multi-state licensing details are disclosed on the firm's website.

How is Worcester Advisors regulated?

Worcester Advisors operates as an SEC- or state-registered investment adviser. Its website lists Joseph J. Bourque as Chief Compliance Officer and investment advisor, indicating a formal compliance program. The firm's public disclosures do not detail the specific registration status or Form ADV filing jurisdiction.

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