Sirios Capital Management, L.P. is a large advisory firm based in Boston. It manages $2.21 billion of regulatory assets for 132 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Delaware, Florida, and 8 other states.
Sirios Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. 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 Sirios Capital Management, L.P. is $2.21 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -4% since the beginning of its operation, and $1.36 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Sirios Capital Management, L.P. 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.
The firm provides services to investment companies, high net worth individuals, and pooled investment vehicles. The largest group of clients of Sirios Capital Management is pooled investment vehicles with 9 clients and $1.81 billion of assets under management. Among the 8 most similar advisory firms, Sirios Capital Management has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.21 billion for 131 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.
Sirios Capital Management also advises several private funds. Namely, five hedge funds. The minimum investment commitment required of non-related persons ranges from $2,000,000 to $5,000,000.
The company employs 25 people that are either part- or full-time employees. 68 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people 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.
The principal office where Sirios Capital Management, L.P. performs its advisory services is located at One International Place, Boston, MA 02110, 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 617-598-5100 or by fax 617-598-5180. 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 sirioslp.com.