Marcus Partners, Inc. (Boston)
Marcus Partners, Inc. is a large advisory firm based in Boston. It manages $490.59 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Massachusetts.
Marcus Partners 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.
Marcus Partners: assets under management
The assets under management (AUM) of Marcus Partners, Inc. is $490.59 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 335% since the beginning of its operation, and $1 thousand of the total AUM is attributable to clients outside of the United States.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Marcus Partners, Inc. for their services and products based on a percentage of assets under management and performance-based fees. 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 Shawn M Hurley serves?
The only and largest group of clients of Shawn M Hurley is pooled investment vehicles with 2 clients and $490.59 million of assets under management. Among the 9 most similar advisory firms, Marcus Partners has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $490.59 million for 2 clients. None of the firm’s clients are foreign persons or businesses.
Marcus Partners also advises several private funds. Namely, two real estate funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.
Careers at Marcus Partners, Inc.
The company employs 41 people that are either part- or full-time employees. 29 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.
Shawn M Hurley has been acting as President since 1 Sep 2017. William M Mcavoy has served as the Chief Investment Officer since 1 Mar 2008. Frank Wuest joined the executive team most recently as the Senior Vice President.
Direct owners and executive officers
Based in Boston
The principal office where Marcus Partners, Inc. performs its advisory services is located at 260 Franklin Street, Boston, MA 02110 3112, which is also the mailing address of the firm. An additional office of the firm is in Falls Church, VA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 617-556-5200 or by fax 617-556-5299. The normal business hours are 8:30 am-5:30 pm on Monday - Friday. You can find more information about the New York firm at marcuspartners.com.
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