Boston Common Asset Management, LLC (Boston)

Name: Boston Common Asset Management, LLC
Address: 200 State Street, 7 Th Floor, Boston, MA, 02109
Telephone: 617-720-5557

Boston Common Asset Management, LLC is a large advisory firm based in Boston. It manages $2.36 billion of regulatory assets for 343 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of California, Colorado, Connecticut, and 18 other states.

Boston Common Asset 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, selection of other advisers, market timing services, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Boston Common Asset Management: assets under management

The assets under management (AUM) of Boston Common Asset Management, LLC is $2.36 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1004% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.36 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $6.89 million each.

Boston Common Asset Management has custody of $1.54 billion in cash and securities for 227 clients in total but doesn’t act as a qualified custodian.

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 and business development companies, which make up 3% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Boston Common Asset Management, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Boston Common Asset Management serves?

The firm provides services to investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Boston Common Asset Management is pooled investment vehicles with 7 clients and $758.02 million of assets under management. Among the 13 most similar advisory firms, Boston Common Asset Management has the 5th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.26 billion for 332 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Boston Common Asset Management also advises several private funds. Namely, seven other private funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $2,000,000.

Careers at Boston Common Asset Management, LLC

The company employs 36 people that are either part- or full-time employees. 39 percent of the employees work as investment advisers or researchers. 2 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 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Geeta Bhide Aiyer	Member	1 Apr 1958	75% - 100%	4377022
Geeta Bhide Aiyer	Member	1 Sep 2002	50% - 75%	4377022
Geeta Bhide Aiyer	Chief compliance officer	1 Aug 2004	75% - 100%	4377022
Matthew Adam Zalosh	Cio, international	1 Dec 2004	Other	2958801
Kate Poverman	Chief compliance officer	1 Jul 2008	Other	5625792
Lauren Marie Compere	Senior vice president	1 Nov 2008	Other	5680965
Steven F. Heim	Senior vice president	1 Nov 2008	Other	5681112
Lauren Marie Compere	Member	1 Apr 2009	Other	5680965
Matthew Adam Zalosh	Member	1 Apr 2009	Other	2958801
Steven F. Heim	Member	1 Apr 2009	Other	5681112
Nancy Grossman Spady	Member	1 Apr 2009	Other	1589613
Praveen Abichandani	Member	1 Apr 2009	Other	6725059
Kristina Ingrid Eisnor	Chief compliance officer	1 Jan 2013	Other	4312792
Corne Biemans	Member	1 Oct 2016	Other	6725061
Lp Rosemont Partners Iii	Member	1 Oct 2016	Other	27-3667035

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Rosemont Investment Partners Iii	Gp	1 Oct 2010	Other	27-3666961

Based in Boston

The principal office where Boston Common Asset Management, LLC performs its advisory services is located at 200 State Street, 7 Th Floor, Boston, MA 02109, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-720-5557 or by fax 617-720-5665. 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 bostoncommonfunds.com/index.html.