Advent International Corp (Boston)

Advent International Corp 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.

Advent International Corp: assets under management

The assets under management (AUM) of Advent International Corp is $41.66 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 731% since the beginning of its operation, and $15.79 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $41.66 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $304.05 million each.

Advent International Corp has custody of $31.41 billion in cash and securities for 137 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Advent International Corp for their services and products based on a percentage of assets under management, fixed fees, 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 Mark Hoffman serves?

The only and largest group of clients of Mark Hoffman is pooled investment vehicles with 137 clients and $41.66 billion of assets under management. Among the 7 most similar advisory firms, Advent International Corp has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $41.66 billion for 137 clients. 25% of the firm’s clients are foreign persons or businesses.

Advent International Corp also advises several private funds. Namely, one hundred thirty seven private equity funds.

Careers at Advent International Corp

The company employs 309 people that are either part- or full-time employees. 62 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.

Mark Hoffman has been acting as President since 1 May 1989. Jan (Nmn) Janshen joined the executive team most recently as the Executive Officers' Committee Member.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 19 indirect owners.

Based in Boston

The principal office where Advent International Corp performs its advisory services is located at 800 Boylston Street, Boston, MA 02199, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-951-9400 or by fax 617-951-0566. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at adventinternational.com.

Registered investment advisers similar to Advent International Corp

• Lockheed Martin Investment Management
• Eastsrping Investments (Singapore) Limited
• Prudential Asset Management (Singapore) Limited
• Standish Ayer & Wood
• Fischer Francis Trees & Watts
• Lyxor Asset Management
• Advantus Capital Management
• Milliman Financial Risk Management
• Directed Services
• Iii Capital Management
• Pinebridge Investments
• Industry Funds Management Pty
• Swiss Re Asset Management (Americas)
• Adage Capital Management
• Numeric Investors