Mfs Institutional Advisors Inc. (Boston)

Mfs Institutional Advisors 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, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as asset allocation.

Mfs Institutional Advisors: assets under management

The assets under management (AUM) of Mfs Institutional Advisors Inc. is $118.22 billion. The firm's AUM has grown by 1458% since the beginning of its operation, and $81.07 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $93.57 billion in discretionary accounts and $24.65 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.07 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $122.03 million.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is investment and business development companies, which make up 9% of the firm’s portfolio. Investments in non-exchange traded securities form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mfs Institutional Advisors 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 Robertson George Mansi serves?

The firm provides services to insurance companies, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of Robertson George Mansi is pension and profit sharing plans with 279 clients and $51.46 billion of assets under management. Among the 8 most similar advisory firms, Mfs Institutional Advisors has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $118.18 billion for 7,952 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 6% of the firm’s clients are foreign persons or businesses.

Mfs Institutional Advisors doesn't advise any private funds.

Careers at Mfs Institutional Advisors Inc.

The company employs 1,100 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. 45 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.

Robertson George Mansi has been acting as President since 1 Mar 2013. Michael William Roberge has served as the Chief Investment Officer since 1 Sep 2011. Michael Sean Keenan joined the executive team most recently as the Director.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 23 indirect owners.

Based in Boston

The principal office where Mfs Institutional Advisors Inc. performs its advisory services is located at 111 Huntington Avenue, Boston, MA 02199 7618, 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 617-954-5000. 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 mfs.com and its LinkedIn profile.

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