Abry Partners, LLC (Boston)

Name: Abry Partners, LLC
Address: 888 Boylston Street, Suite 1600, Boston, MA, 02199 8193
Telephone: 617-859-2959

Abry Partners, LLC is a large advisory firm based in Boston. It manages $1.41 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Massachusetts.

Abry Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Abry Partners: assets under management

The assets under management (AUM) of Abry Partners, LLC is $1.41 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -80% since the beginning of its operation, and $785.07 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.41 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $100.52 million each.

Abry Partners has custody of $1.41 billion in cash and securities for 14 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Abry Partners, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Samuel Andrew Banks serves?

The only and largest group of clients of Samuel Andrew Banks is pooled investment vehicles with 14 clients and $1.41 billion of assets under management. Among the 12 most similar advisory firms, Abry Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.41 billion for 14 clients. 27% of the firm’s clients are foreign persons or businesses.

Abry Partners also advises several private funds. Namely, two hedge funds and eleven private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Abry Partners, LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Samuel Andrew Banks has been acting as President since 1 Feb 1995. Kostantinos Sofronas joined the executive team most recently as the Chief Compliance Officer / Counsel.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Royce G. Yudkoff	President and managing member	1 Feb 1995	Other	6028834
Samuel Andrew Banks	Chairman	1 Feb 1995	Other	4377056
Debra J. Johnson	Chief financial officer	1 Jan 2001	Other	6028830
Ltd. Stafford Insurance Company	Member	1 Feb 2002	75% - 100%	75-3007169
Debra J. Johnson	Chief compliance officer	1 Mar 2012	Other	6028830
Kostantinos Sofronas	Chief compliance officer / counsel	1 Apr 2012	Other	6054557

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Stafford Financial	Sole shareholder	1 Feb 2002	75% - 100%	03-0395923
Royce G. Yudkoff	Managing member	1 Feb 2002	75% - 100%	6028834

Based in Boston

The principal office where Abry Partners, LLC performs its advisory services is located at 888 Boylston Street, Suite 1600, Boston, MA 02199 8193, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-859-2959 or by fax 617-859-8797. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at abry.com.