Polaris Capital Management, LLC is a large advisory firm based in Boston. It manages $11.57 billion of regulatory assets for 45 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of Massachusetts.
Polaris Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and limited partnership. 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 Polaris Capital Management, LLC is $11.57 billion. The firm's AUM has grown by 342% since the beginning of its operation, and $2.31 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Polaris Capital Management, LLC 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 firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Bernard Robert Horn is investment companies with 7 clients and $5.67 billion of assets under management. Among the 11 most similar advisory firms, Polaris Capital Management has the 2nd highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $11.46 billion for 43 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 21% of the firm’s clients are foreign persons or businesses.
Polaris Capital Management also advises several private funds. Namely, three other private funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.
The company employs 17 people that are either part- or full-time employees. 53 percent of the employees work as investment advisers or researchers. 4 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.
Bernard Robert Horn has been acting as President since 1 Apr 1995. Roberto E. Ramirez joined the executive team most recently as the Chief Financial Officer.
The principal office where Polaris Capital Management, LLC performs its advisory services is located at 121 High Street, Boston, MA 02110 2475, 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 617-951-1365 or by fax 617-772-0248. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at polariscapital.com.