F.L. Putnam Enhances Its New Hampshire Influence Through Seascape Capital Management Acquisition

F.L. Putnam Expands New Hampshire Presence with Seascape Acquisition

On July 9, 2026, F.L. Putnam Investment Management Company (FLP) announced a strategic acquisition that marks a significant strengthening of its operations in New Hampshire. The firm has acquired Seascape Capital Management, LLC, an independent investment advisory firm based in Portsmouth, New Hampshire, which manages over $500 million in assets. This move aligns with FLP's ambitious growth strategy and emphasizes its commitment to providing comprehensive financial and investment services to its clientele.

Founded in 2003 by CEO Monica McCarthy, Seascape has built a strong reputation by offering tailored wealth management services to high-net-worth individuals and their families. With a team possessing decades of experience in serving business owners, executives, and retirees, Seascape is well-equipped to meet the diverse needs of its clients.

Tom Manning, CEO of FLP, articulated the firm’s strategy by stating, "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." He further emphasized that the integration of Seascape into their operations would enhance their existing capabilities in financial planning and investment management.

By joining forces with FLP, Seascape will be able to offer an even broader array of services while maintaining the personalized approach that has defined its client relationships for the past 23 years. Monica McCarthy echoed this sentiment, stating, "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. 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."

The integration process will see the entire Seascape team, including professionals like Andrew Litzerman and Christian Sullivan, joining FLP. Their collective expertise is expected to bolster FLP’s advisory services and enhance the investment solutions available to clients, further solidifying the firm's position in the highly competitive financial advisory landscape.

The financial terms of the acquisition, which officially closed on June 30, 2026, have not been disclosed. Colchester Partners acted as the exclusive financial advisor to Seascape during this transaction.

F.L. Putnam, headquartered in Lynnfield, Massachusetts, has been a significant player in the investment advisory world for over 40 years. They cater to a diverse range of clients, including individuals, family offices, endowments, and foundations. Their holistic approach encompasses investment management, financial planning, trust services, and family office solutions.

In summary, this acquisition represents a pivotal moment for F.L. Putnam as it continues to cultivate relationships within New Hampshire and enhance its service offerings through heightened expertise and resources. The firm is eager to explore new growth opportunities and deliver unparalleled value to its combined client base, underscoring its commitment to excellence in wealth management through thoughtful and personalized financial solutions.

For more information, visit F.L. Putnam’s website or follow them on LinkedIn.