Eastward Capital Partners, LLC (West Newton)

Eastward Capital Partners, LLC is a large advisory firm based in West Newton. It manages $295.26 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Massachusetts and New Jersey.

Eastward Capital 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.

Eastward Capital Partners: assets under management

The assets under management (AUM) of Eastward Capital Partners, LLC is $295.26 million. The firm's AUM has grown by 2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $279.63 million in discretionary accounts and $15.63 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $55.93 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $15.63 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Eastward Capital Partners, 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 Eastward Capital Partners serves?

The only and largest group of clients of Eastward Capital Partners is pooled investment vehicles with 6 clients and $295.26 million of assets under management. Among the 10 most similar advisory firms, Eastward Capital Partners has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $295.26 million for 6 clients. None of the firm’s clients are foreign persons or businesses.

Eastward Capital Partners also advises several private funds. Namely, eight other private funds. The minimum investment commitment required of non-related persons ranges from $1,000 to $250,000.

Careers at Eastward Capital Partners, LLC

The company employs 10 people that are either part- or full-time employees. 70 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.

Direct owners and executive officers

Based in West Newton

The principal office where Eastward Capital Partners, LLC performs its advisory services is located at 432 Cherry Street, West Newton, MA 02465, which is also the mailing address of the firm. An additional office of the firm is in Martha's Vineyard, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-969-6700 or by fax 617-969-7900. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at eastwardcp.com.

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