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Manchester Capital Management LLC

Multifamily office listing in Manchester, Vermont, United States.

  • SEC-registered
Regulatory AUM
$2.8 billion
Employees
38
Clients
101-250
SEC CRD
110003

An active, partner-owned multi-family office serving wealthy families through investment management, family office services, and direct real estate.1

Overview

Manchester Capital Management is an active multi-family office guided and owned by its partners and select founding families. The firm reports independent ownership by employees and clients, supporting long-term relationships with families.13

History

Manchester Capital says it has served wealthy families for more than 30 years and reports SEC registration beginning in 1993. Ted Cronin founded the firm as a family office for related families.29

Leadership

Ted Cronin is Founder and Executive Chair.9

Bart Earley is Managing Director of Investment Research and a Partner.10

Morgan Roberts is Head of Wealth Management and a Partner.11

Susan Sofronas is Managing Director, Head of West Coast, and a Partner focused on client relations and wealth-management growth.12

Services

Manchester Capital provides investment management, family office services, and direct real estate advisory.4

Its family office capabilities include consolidated reporting, charitable guidance, trust and estate planning, family education, CFO services, bill pay, and bookkeeping.5

The real estate advisory team helps families source, underwrite, and manage direct property investments.6

In its July 2026 Form ADV filing, the firm reports financial planning, individual portfolio management, pooled investment vehicle management, and selecting other advisers among its advisory services.7

What the firm offers

  • Investment management
  • Financial planning
  • Estate planning
  • Philanthropy
  • Family governance and education
  • Administration and bill pay
  • Private and alternative investments

Client Focus

The firm serves complex and multigenerational wealthy families and presents those families as extensions of its own client community.14

Approach

Manchester Capital describes an approach tailored to each family’s needs, using customized roadmaps that reflect the family’s purpose and priorities.13

The firm reports independent ownership by employees and clients, an ownership structure it associates with long-term family relationships.3

Assets and Registration

Manchester Capital reports $2.83 billion in regulatory assets under management in its July 6, 2026 filing.8

The firm is registered with the U.S. Securities and Exchange Commission under CRD 110003.15

By the numbers

Regulatory AUM by year$0K$1.1B$2.3B$3.4B$4.6B2016201720182019202020212022202320252026
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 110003. As of .
Regulatory assets under management
YearRegulatory AUMDiscretionaryNon-discretionary
2016$3.2 billion$2.4 billion$717 million
2017$3.3 billion$2.4 billion$821 million
2018$3.5 billion$2.7 billion$799 million
2019$3.4 billion$2.6 billion$780 million
2020$4.2 billion$3.1 billion$1.0 billion
2021$3.6 billion$3.0 billion$590 million
2022$3.7 billion$3.2 billion$520 million
2023$3.2 billion$2.6 billion$518 million
2025$3.5 billion$3.0 billion$575 million
2026$2.8 billion$2.8 billion$60 million
Average AUM per client by year$0K$4M$8M$12M$16M20182019202020212022202320252026
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 110003. Regulatory AUM divided by the client count reported in Item 5D. Client types reported as fewer than 5 are not counted, so this is approximate. As of .
Average AUM per client
YearAverage AUM per client
2018$15 million
2019$14 million
2020$10 million
2021$14 million
2022$14 million
2023$12 million
2025$14 million
2026$12 million
Clients by type (2026)High net worth individuals153Individuals58Pooled investment vehicles16Charities7
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 110003. "<5" means the firm reported fewer than 5 clients of that type. As of .
Clients by type
Client typeClients (2026)
Individuals58
High net worth individuals153
Pooled investment vehicles16
Charities7
Employees by year0112233442016201720182019202020212022202320252026
Source: SEC Form ADV data (Part 1A, Items 5A, 5D, 5F) via SEC Information About Registered Investment Advisers files and IAPD, CRD 110003. As of .
Employees reported on Form ADV
YearEmployees
201633
201735
201840
201935
202039
202136
202233
202333
202536
202638

FAQs

What type of firm is Manchester Capital Management?

Manchester Capital Management is an active multi-family office offering investment management, family office services, and direct real estate advisory.14

What services does its family office provide?

Its family office services include consolidated reporting, charitable guidance, trust and estate planning, family education, CFO services, bill pay, and bookkeeping.5

Who leads Manchester Capital Management?

Ted Cronin is Founder and Executive Chair. Other listed leaders include Bart Earley, Morgan Roberts, and Susan Sofronas, who serve in investment research, wealth management, and client relations leadership roles.9101112

  • LocationMultifamily offices in Vermont

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Sources

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.

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