Wellington Management Canada LLC (Boston)

Name: Wellington Management Canada LLC
Address: 280 Congress Street, Boston, MA, 02210
Telephone: 617-951-5000

Wellington Management Canada LLC is a large advisory firm based in Boston. It manages $16.62 billion of regulatory assets for 53 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Massachusetts.

Wellington Management Canada provides 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.

Wellington Management Canada: assets under management

The assets under management (AUM) of Wellington Management Canada LLC is $16.62 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 12% since the beginning of its operation, and $16.62 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $16.62 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $313.5 million each.

Investments

The firm invests in exchange traded securities the most. They account for 90% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 4% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wellington Management Canada 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 Wellington Management Canada serves?

The firm provides services to pooled investment vehicles, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of Wellington Management Canada is pooled investment vehicles with 20 clients and $6.92 billion of assets under management. Among the 11 most similar advisory firms, Wellington Management Canada has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $16.42 billion for 50 clients. 100% of the firm’s clients are foreign persons or businesses.

Wellington Management Canada doesn't advise any private funds.

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Wellington Management Group Llp	Managing partner	1 May 2014	75% - 100%	04-2683227
Wellington Group Holdings Llp	Managing partner	1 May 2014	75% - 100%	47-1167553
Llp Wellington Management Company	Managing partner	1 May 2014	75% - 100%	106595

Based in Boston

The principal office where Wellington Management Canada LLC performs its advisory services is located at 280 Congress Street, Boston, MA 02210, 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 617-951-5000. The normal business hours are 8:30 - 5:30 on Monday - Friday. You can find more information about the New York firm at wellington.com.