Standish Mellon Asset Management Company LLC is a large advisory firm based in Boston. It manages $130.23 billion of regulatory assets for 1,742 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Standish Mellon Asset Management Company 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, publication of newsletters, and credit research. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Standish Mellon Asset Management Company LLC is $130.23 billion. The firm's AUM has grown by 227% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Standish Mellon Asset Management Company LLC for their services and products based on a percentage of assets under management, fixed fees, 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.
The firm provides services to insurance companies, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, banking or thrift institutions, business development companies, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Ronald Philip O'hanley is pension and profit sharing plans with 119 clients and $44.16 billion of assets under management. Among the 7 most similar advisory firms, Standish Mellon Asset Management Company has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $130.02 billion for 395 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.
Standish Mellon Asset Management Company doesn't advise any private funds.
The company employs 158 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 are 12 people 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 receive compensation from other entities for client referrals.
Ronald Philip O'hanley has been acting as President since 1 Jul 2001. David Antonio Daglio joined the executive team most recently as the Board Member.
The principal office where Standish Mellon Asset Management Company LLC performs its advisory services is located at Bny Mellon Center, Boston, MA 02108 4408, which is also the mailing address of the firm. An additional office of the firm is in Pittsburgh, PA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 617-248-6000 or by fax 617-248-6050. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at standish.com.