Baldwin Investment Management, LLC

Baldwin Investment Management, LLC is a registered investment adviser established on July 5, 1999, offering continuous supervisory services to various clients, including retail investors, trusts, estates, charitable organizations, and corporations. The firm manages accounts on both discretionary and non-discretionary bases, providing investment supervisory services tailored to individual client needs. Baldwin's services include portfolio management, financial planning, and investment in private funds after a client suitability review. The firm requires clients to complete an Investment Policy Statement to manage assets according to their objectives and risk profile. With assets under management totaling $1,234,272,924 as of December 31, 2024, Baldwin generally requires a minimum of $1,000,000 for accounts, with exceptions based on client negotiations. Fees for discretionary investment management are percentage-based, with equity and balanced portfolios charged at 1.0% on the first $1 million and negotiable for amounts over $1 million. Baldwin does not charge performance-based fees and provides non-discretionary advisory services for a fee of $300/hour or a flat retainer fee. The firm's investment strategies involve asset allocation, fundamental analysis, and a combination of quantitative and qualitative stock selection methods. Baldwin does not participate in ESG mandates for discretionary accounts but may consider ESG criteria for non-discretionary accounts upon client direction. The firm's investment strategies aim to meet clients' growth and income needs while managing risks associated with equities, fixed income, and private funds. Clients receive quarterly reports for discretionary accounts and reports as per the client agreement for non-discretionary accounts. Baldwin's brokerage practices prioritize best execution, considering factors such as commissions, research services, and trade execution quality. The firm primarily recommends Schwab Institutional for custody and trading services, with clients receiving quarterly statements from the custodian. Baldwin exercises investment discretion with client authorization and votes proxies to protect clients' interests. The firm has no disciplinary information and maintains financial stability to meet client commitments.