CallataGuidesBusiness phone system for investment advice firms in Portland, ME
Investment advice firms in the Portland-South Portland, ME metro area: 51 establishments in 2023, the local area codes, and what phone service costs a 5-person team.
- Establishments
- 51CBP 2023
- Per 100k residents
- 8.9U.S. 6.9
- Rank
- 76th of 478areas by count
Investment advice firms in Portland, ME by the numbers
There were 51 investment advice firms in the Portland-South Portland, ME metro area in 2023, according to Census County Business Patterns (NAICS 523930, Investment Advice). By establishment count the area is 76th out of 478 areas with published figures for investment advice firms.
Measured against its 572,000 residents (2024 estimate), the area has 8.9 investment advice firms per 100,000 people; the U.S. rate is 6.9, so Portland, ME is 29.9% above the national figure.
| Measure | Portland, ME | Maine | United States |
|---|---|---|---|
| Establishments | 51 | 90 | 23,359 |
| Mid-March employees | 134 (high noise) | 222 (high noise) | 110,125 |
| Annual payroll | $11,468,000 | $18,300,000 | $18,481,170,000 |
| Employees per establishment | — | — | 4.7 |
| Payroll per employee | — | — | $167,820 |
| Establishments per 100,000 residents | 8.9 | 6.4 | 6.9 |
Census County Business Patterns 2023 (mid-March employment; annual payroll). Employees and payroll flagged high-noise are shown but not used in the text. Residents: Census Vintage 2024 estimates.
How big investment advice firms in Portland, ME are
Of the investment advice firms in Portland, ME that had employees in March 2023, 85.7% had fewer than five (the U.S. share is 84.5%). 100.0% had fewer than ten. When a business has only a few people, whoever is free answers the phone, and calls that arrive while everyone is busy go to voicemail unless they are routed somewhere else.
| Employment size | Establishments | Share | U.S. share |
|---|---|---|---|
| 1–4 employees | 42 | 85.7% | 84.5% |
| 5–9 employees | 7 | 14.3% | 9.4% |
| 10–19 employees | not published | — | 3.4% |
| 20–49 employees | not published | — | 1.7% |
| 50 or more employees | 0 | 0.0% | 1.1% |
Employment-size classes count establishments by mid-March 2023 employment. Establishments with no March employees are excluded from the size classes, so shares are of establishments with employees. Source: Census County Business Patterns 2023.
Why the phone matters for investment advice firms in Portland, ME
Advisory firms build long relationships, so the phone experience reflects on the practice. Clients call about market moves, transfers and planning meetings, and those conversations often need to be documented. That holds for investment advice firms in Portland, ME as much as anywhere.
Typical inbound and outbound calls for investment advice firms in Portland, ME:
- A client calls during a volatile market to talk with their advisor.
- A prospect calls after a referral from a friend.
- A client calls to schedule an annual review.
Business texting for investment advice firms
Firms text meeting reminders; many keep account discussions off text to meet recordkeeping rules.
Texts sent from a local business number in Portland, ME have to be registered with carriers first (10DLC); on Callata that is a one-time $49 fee, after which the whole team can text from the shared number.
What a phone system costs a financial advisory firm in Portland, ME
Census did not publish a reliable employee count for investment advice firms in Portland, ME, so this comparison uses the U.S. average of 5 people per establishment. Per-seat business phone plans bill every one of those people. At month-to-month list prices checked September 28, 2026, 5 users on RingCentral RingEX Core cost $150.00 a month and 5 on Ooma Office Pro cost $124.75. Callata comes to $99.00 a month for 5 users ($99 a month with 5 users included, then $20 per additional user), below both.
Over a year, that is $612 less than RingCentral for a financial advisory firm in Portland, ME of that size. Annual contracts lower some competitors' prices, so compare the plan you would actually sign.
| Provider (plan) | Pricing basis | Per month | Per year |
|---|---|---|---|
| Callata (Callata Office) | $99 incl. 5 users, $20 per extra user | $99.00 | $1,188.00 |
| Quo (Starter) | $19.00 per user | $95.00 | $1,140.00 |
| Nextiva (Core) | $23.00 per user | $115.00 | $1,380.00 |
| Ooma (Office Pro) | $24.95 per user | $124.75 | $1,497.00 |
| Dialpad (Standard) | $27.00 per user | $135.00 | $1,620.00 |
| RingCentral (RingEX Core) | $30.00 per user | $150.00 | $1,800.00 |
Competitor prices are each vendor's published month-to-month list price per user for its lowest plan that includes business calling and texting, checked September 28, 2026: Quo Starter $19, Nextiva Core $23, Ooma Office Pro $24.95 (Essentials excludes texting; one-time $29.95 activation not included), Dialpad Standard $27, RingCentral RingEX Core $30 ($20 billed annually). Prices exclude taxes and fees and may change; annual contracts lower some competitors' prices.
Getting a local number in Portland, ME
The exchanges in the area's named cities and towns are all in area code 207 (269 exchanges in NANPA's file). A local number lets clients in Portland, ME call without dialing out of area. Callata includes up to 3 local numbers, and which numbers are open in an area code depends on carrier inventory when you choose.
| Area code | Exchanges | Time zone | In service since | Overlay with |
|---|---|---|---|---|
| 207 | 269 | Eastern | 1947 | none |
Exchanges are NANPA-assigned central office codes (NPA-NXX) in the rate centers matched to the area's named places. Source: NANPA utilized code and NPA reports.
What investment advice firms in Portland, ME get with Callata
Callata is a business phone system priced at $99 a month with 5 users included, then $20 per additional user. Callata Office includes up to 3 local business numbers, unlimited inbound calling, 1,500 pooled outbound US and Canada minutes per user each month, a browser softphone that can also ring your cell, voicemail with transcription, call recording with AI summaries, business-hours routing and E911 on every number.
Porting a number you already use in Portland, ME is free, and business texting is available once the carrier registration (10DLC) is approved; the registration carries a one-time $49 fee. Which specific numbers are open in a given area code depends on carrier inventory at the time you sign up.
AI agents are optional: an AI receptionist or scheduler can pick up when the team is busy or closed, take a message, send a text or email, or transfer the call. They draw on prepaid AI minutes ($0.25/minute), disclose that they are AI, and outbound AI calls require prior consent and are limited to 8am–9pm.
Registered firms should check their books-and-records obligations before texting clients about accounts.
Frequently asked questions
How many investment advice firms are there in Portland, ME?
Census County Business Patterns counted 51 investment advice firms in the Portland-South Portland, ME metro area in 2023.
What does a business phone system cost for a 5-person financial advisory firm?
At month-to-month list prices checked September 28, 2026, 5 users cost $150.00 a month on RingCentral RingEX Core and $124.75 on Ooma Office Pro. On Callata, $99 a month with 5 users included, then $20 per additional user, the same team pays $99.00.
What area code should a financial advisory firm in Portland, ME use?
Area code 207 has the most assigned exchanges among the area's named places. If you already have a local number, you can port it to Callata for free.
Can an AI receptionist answer calls for a financial advisory firm?
Yes. Callata's optional AI agents can answer when the team is busy or closed, take a message, text, email or transfer the call. They disclose that they are AI and are billed from prepaid AI minutes at $0.25 per minute. Registered firms should check their books-and-records obligations before texting clients about accounts.