Wellington Funds (Us) LLC (Boston)


Wellington Funds (Us) LLC is a large advisory firm based in Boston. It manages $1.89 billion of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Delaware and Massachusetts.

Wellington Funds (Us) provides general partner or manager of privately offered 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.

Wellington Funds (Us): assets under management

The assets under management (AUM) of Wellington Funds (Us) LLC is $1.89 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1484% since the beginning of its operation, and $897.27 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.89 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $135.19 million each.
Wellington Funds (Us) has custody of $1.89 billion in cash and securities for 14 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Wellington Funds (Us) 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 Amy Beth Kramer serves?

The only and largest group of clients of Amy Beth Kramer is pooled investment vehicles with 14 clients and $1.89 billion of assets under management. Among the 6 most similar advisory firms, Wellington Funds (Us) has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.89 billion for 14 clients. 29% of the firm’s clients are foreign persons or businesses.

Wellington Funds (Us) also advises several private funds. Namely, four hedge funds and eleven other private funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.

Careers at Wellington Funds (Us) LLC

The company employs 4 people that are either part- or full-time employees. No 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Amy Beth Kramer has been acting as President since 1 Jan 2017. Jennifer L. Nye joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Wellington Management Funds Holdings Llp Member 1 Dec 2016 75% - 100% 47-1176289
James Scott Peterson Chief compliance officer 1 Jan 2017 Other 4077190
Amy Beth Kramer President 1 Jan 2017 Other 6787112
Jennifer L. Nye Chief compliance officer 1 Oct 2018 Other 4920561

Indirect Owners

The SEC currently registers 2 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

Based in Boston

The principal office where Wellington Funds (Us) 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 617-951-5786. 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.