F.L.Putnam Investment Management Company (FLP) announced that it has acquired Seascape Capital Management, an independent registered investment adviser based in Portsmouth, New Hampshire, as part of its strategy to expand its presence across the Northeast.
Founded in 2003, Seascape Capital Management oversees more than $500 million in assets under management as of June 30, 2026. The firm specializes in wealth and investment management services for high-net-worth individuals and families, with expertise serving business owners, high-income executives, and retirees.
The acquisition builds on FLP’s expansion into Portsmouth, where the firm opened an office last year. By adding Seascape, FLP strengthens both its footprint in New Hampshire and its financial planning and investment management capabilities.
As part of the transaction, the entire Seascape team has joined FLP, including CEO Monica McCarthy, CFA, CDFA, CPWA, Andrew Litzerman, CFA, CMT, CPWA, and Christian (Chrissy) Sullivan, CFP, CDFA. Financial terms of the deal, which closed on June 30, 2026, were not disclosed.
Colchester Partners served as the exclusive financial advisor to Seascape Capital Management.
Founded more than 40 years ago and headquartered in Lynnfield, Massachusetts, FLP is an independent registered investment adviser serving individuals, family offices, endowments, foundations, and wealth managers with investment management, financial planning, trust, and family office services.
KEY QUOTES:
“A core part of our long-term growth strategy has been to expand FLP’s presence in the communities where our clients live and work. The opening of our Portsmouth office last year marked an important step in that strategy, and it has quickly become one of our key growth markets in the Northeast. The addition of Seascape further strengthens our presence in New Hampshire and deepens our financial planning and investment expertise. Seascape serves clients with thoughtful, personalized advice, and we are excited to welcome Monica and her team to FLP.”
— Tom Manning, CEO of F.L.Putnam Investment Management Company
“Joining FLP allows us to expand the breadth and depth of the services we provide while preserving the personalized approach and relationships our clients have come to expect over the past 23 years. From our very first conversations with Tom and his team, it was clear we share the same client-first philosophy and long-term approach to helping families preserve and grow their wealth. We’re excited to begin this next chapter together and provide our clients with access to the additional resources and expertise that come with being part of FLP.”
— Monica McCarthy, CEO of Seascape Capital Management
