Fernwood Investment Management, LLC

Fernwood Investment Management, LLC, established in 2003, is an SEC registered investment adviser offering personalized investment management services. Led by Founder Thomas P. Reilly, with over 45 years of experience, the firm manages assets totaling $435,709,535 as of December 31, 2023. Fernwood tailors custom investment portfolios based on client needs, considering factors like risk tolerance and time horizon. Clients can impose investment restrictions if desired. The firm's investment strategies encompass traditional asset classes like stocks and bonds, as well as alternative investments such as private equity and hedge funds. Fernwood focuses on achieving above-market returns with below-market risk through a long-term, fundamentally driven approach. Additionally, Fernwood serves as a general partner of the Pennmont Fund and Fernwood GXT/Praine, facilitating pooled client allocations to alternative asset classes. Fees are assessed quarterly based on a tiered fee schedule, with additional client-borne expenses like transaction fees. Fernwood does not charge direct performance-based fees but receives an incentive profit allocation from the Pennmont Fund. Clients receive regular reports and have access to a secure website for account information. The firm exercises discretionary authority over client investments, ensuring alignment with client objectives. Clients retain responsibility for voting proxies on securities in their portfolios. Fernwood has no financial commitments affecting its ability to fulfill client obligations.