Atlantic Financial Moves to Westboro, April 2001
In a time when many dot-coms are closing their doors, Atlantic
Financial, the Internet's first full service investment firm, has
expanded into a new location in Westboro. Atlantic Financial is an
independent investment firm that offers stocks, bonds, CDs, 401ks
plans, managed accounts and over 10,000 mutual funds to corporate
and individual clients. Founded in 1994, the firm made headlines as
the Internet's first full service investment firm with its
The firm was founded by Bruce Fenton, formerly a representative with
Morgan Stanley Dean Witter in Worcester, eventually expanding to
Wellesley Mass. As the Internet and the stock market grew throughout
the late 1990's, Atlantic Financial grew as well. The firm's asset
allocation strategies and risk reduction investing models attracted
many serious corporate and high-net worth individual investors. The
firm also opened a record number of 401k plans for medium sized
businesses in year 2000. "We took a more conservative approach than
many dot-coms by focusing on real business and helping real clients.
We tried not to get caught up in the venture capital and IPO mania
and focused instead on steady, stable growth of the company." Says
Atlantic's President, Bruce Fenton.
Today Atlantic Financial counts among its clients several law firms,
hedge funds, corporations and some of the nation's wealthiest
families. Atlantic's clients to receive
a good combination of the personalized service they would expect
from a small firm with the large infrastructure and technology they
expect from an industry leader.
"Our former two locations in Wellesley could not accommodate our
growth so we began a New England wide search for the best town or
city to relocate. Westboro has many of the advantages of a large
city but also the small town feeling we enjoyed in Wellesley and
great proximity to Boston and Worcester. Despite the great location
and benefits of the community, Westboro's prices are still far more
reasonable than other towns in its league." Says Fenton.
"It was important to find a location our employees enjoy, the
Westboro location provides just that. We look forward to expanding
in Westboro and becoming a part of this great community."
Atlantic's new office is located about one mile from Route 9 at #6
Colonial Drive next door to the Westboro Health Care Center. The
company plans some landscaping, redecorating and the activation of
their new sign; the office grand opening will be some time toward
the end of the summer. In the meantime, the offices are operational
and open to visitors and guests.