Spectrum Equity Managment, Inc. is a large advisory firm based in Boston. It manages $3.38 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Massachusetts.
Spectrum Equity Managment 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.
The assets under management (AUM) of Spectrum Equity Managment, Inc. is $3.38 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 43% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Spectrum Equity Managment, Inc. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Christopher Thomas Mitchell is pooled investment vehicles with 15 clients and $3.38 billion of assets under management. Among the 13 most similar advisory firms, Spectrum Equity Managment has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.38 billion for 15 clients. None of the firm’s clients are foreign persons or businesses.
Spectrum Equity Managment also advises several private funds. Namely, one other private fund and fourteen private equity funds. The minimum investment commitment required of non-related persons ranges from $10,000 to $5,000,000.
The company employs 55 people that are either part- or full-time employees. 71 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.
Christopher Thomas Mitchell has been acting as President since 1 Nov 2014. Brian Matthew Regan joined the executive team most recently as the Treasurer, Chief Financial Officer & Assistant Secretary.
The principal office where Spectrum Equity Managment, Inc. performs its advisory services is located at One International Place, 35 Th Floor, Boston, MA 02110, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 617-464-4600 or by fax 888-261-8152. The normal business hours are 8:30 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at spectrumequity.com.