Ffcm LLC (Boston)


Ffcm LLC is a large advisory firm based in Boston. It manages $1.36 billion of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Massachusetts.

Ffcm provides 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.

Ffcm: assets under management

The assets under management (AUM) of Ffcm LLC is $1.36 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2994% since the beginning of its operation, and $445.37 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.36 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $85.1 million each.

Investments

The firm invests in exchange traded securities the most. They account for 94% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Ffcm LLC for their services and products based on a percentage of assets under management. 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.

What kind of clients Judith Gail Goldring serves?

The firm provides services to investment companies, charitable organizations, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Judith Gail Goldring is investment companies with 7 clients and $513.36 million of assets under management. Among the 10 most similar advisory firms, Ffcm has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $1.36 billion for 16 clients. 30% of the firm’s clients are foreign persons or businesses.

Ffcm doesn't advise any private funds.

Careers at Ffcm LLC

The company employs 8 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Judith Gail Goldring has been acting as President since 1 Nov 2015. William Henry Deroche has served as the Chief Investment Officer since 1 Apr 2010 and William Charles Carey is the Chief Executive Officer of Ffcm LLC family office. Mark William Adams joined the executive team most recently as the Corporate Secretary.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Kishore L Karunakaran President and chief operating officer 1 Dec 2009 25% - 50% 5800236
William Henry Deroche Chief investment officer 1 Apr 2010 Other 2557975
Ronald Charles Martin Chief financial officer 1 Apr 2010 Other 2427138
Philip Lee Chief technology officer 1 Apr 2010 Other 5804759
Dkm Llc Member 1 Apr 2010 50% - 75% 27-0752274
Richard Lewis Block Chief compliance officer 1 Apr 2010 Other 1143388
Ttcer Partners Llc Member 1 Sep 2011 Other 26-1370825
William Henry Deroche Chief compliance officer 1 Jun 2012 Other 2557975
Richard Lewis Block Director 1 Dec 2012 Other 1143388
William Charles Carey Chief executive officer 1 Sep 2013 Other 1261019
Llc M/C Venture Investors Member 1 Nov 2015 Other 04-3459400
Inc. Agf Quantitative Advisors Member 1 Nov 2015 50% - 75% none
Ronald Charles Martin Member 1 Nov 2015 Other 6631200
Judith Gail Goldring Director/chair of the board 1 Nov 2015 Other 5178293
Kevin Andrew Mccreadie Director 1 Nov 2015 Other 3084500
Albert Ashok Moore Chief compliance officer 1 Mar 2017 Other 6007672
Adrian Dmitro Basaraba Director 1 Apr 2017 Other 6690072
Mark William Adams Corporate secretary 1 Jun 2017 Other 6561865

Indirect Owners

The SEC currently registers 6 indirect owners.

Name Entity Date acquired Ownership Employer ID
Goldring Capital Corporation Shareholder 1 Jun 1985 75% - 100% none
Blake Charles Goldring Direct owner 1 Apr 2008 75% - 100% 5031946
Bcg Holding Corporation Shareholder 1 Nov 2008 50% - 75% none
Jr. William H. Deroche Member 1 Apr 2010 50% - 75% 27-0752274
James Francis Wade Member 1 Nov 2015 25% - 50% 5934456
Agf Management Ltd Member 1 Nov 2015 75% - 100% none

Based in Boston

The principal office where Ffcm LLC performs its advisory services is located at 53 State Street, Boston, MA 02109, 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 617-292-9804 or by fax 617-275-8993. The normal business hours are 9:00am- 5:00pm on Monday - Friday. You can find more information about the New York firm at quant-shares.com.