Cabot Properties L.P. (Boston)

Name: Cabot Properties L.P.
Address: One Beacon Street, Boston, MA, 02108
Telephone: 617-723-7400

Cabot Properties L.P. is a large advisory firm based in Boston. It manages $3 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdiction of Massachusetts.

Cabot Properties 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.

Cabot Properties: assets under management

The assets under management (AUM) of Cabot Properties L.P. is $3 billion. The firm's AUM has grown by 112% since the beginning of its operation, and $193.43 million of the total AUM is attributable to clients outside of the United States.

The firm manages $2.8 billion in discretionary accounts and $193.43 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $700.94 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $96.71 million.

Cabot Properties has custody of $22.55 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cabot Properties L.P. for their services and products based on a percentage of assets under management, fixed fees, 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 Franz Ferdinand Colloredo Mansfeld serves?

The only and largest group of clients of Franz Ferdinand Colloredo Mansfeld is pooled investment vehicles with 6 clients and $3 billion of assets under management. Among the 6 most similar advisory firms, Cabot Properties has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3 billion for 6 clients. 17% of the firm’s clients are foreign persons or businesses.

Cabot Properties also advises several private funds. Namely, four real estate funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Cabot Properties L.P.

The company employs 44 people that are either part- or full-time employees. 39 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.

Franz Ferdinand Colloredo Mansfeld has been acting as President since 1 Dec 2001. Andrew Denison Ebbott has served as the Chief Investment Officer since 1 Dec 2001. Kara Janice Brown joined the executive team most recently as the General Counsel/Compliance Officer/Svp.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Franz Ferdinand Colloredo Mansfeld	Co-chairman of the board/ceo/president/limited partner	1 Dec 2001	25% - 50%	1559347
Inc. Cabot Properties	General partner	1 Dec 2001	Other	04-3583499
Robert Ellmore Patterson	Limited partner/co-chairman of the board	1 Dec 2001	Other	4491028
Andrew Denison Ebbott	Limited partner/chief investment officer/evp, investments	1 Dec 2001	Other	4491031
Howard Bicknell Hodgson	Limited partner/evp	1 Dec 2001	Other	4491030
Mark Anthony Bechard	Limited partner/cfo/cco/evp, finance/clerk	1 Dec 2001	Other	4650240
Ferdinand Mansfield Colloredo	Limited partner	1 Dec 2001	50% - 75%	4379803
Eugene Frederick Reilly	Limited partner	1 Dec 2001	Other	4491029
Franz Ferdinand Mansfeld Colloredo	Managing partner	1 Dec 2001	Other	1559347
Ferdinand Mansfeld Colloredo	Partner	1 Dec 2001	50% - 75%	4379803
Janine Marie Cobb	Principal	1 Dec 2001	Other	4380003
William James Defrancesco	Principal	1 Dec 2001	Other	4650245
Jay Robert Cornforth	Principal	1 Dec 2001	Other	4650250
William James Difrancesco	Principal	1 Dec 2001	Other	4650245
Ferdinand Colloredo Mansfeld	Partner	1 Dec 2001	Other	4379803
C M Cabot Interest Llc	Limited partner	1 Dec 2012	Other	46-1517066
Howard Bicknell Hodgson	Limited partner/evp, asset management/chief compliance officer	1 Jul 2013	Other	4491030
Mark Anthony Bechard	Limited partner/cfo/evp, finance/treasurer/clerk	1 Jul 2013	Other	4650240
Ffc M Family Investment Partnership Llc	Limited partner	1 Jun 2017	Other	82-2164789
Michelle Miller Erb	Svp, general counsel and compliance officer	1 Jun 2017	Other	6839545
Kara Janice Brown	General counsel/compliance officer/svp	1 Sep 2018	Other	5030561

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Franz Ferdinand Colloredo Mansfeld	Partner	1 Dec 2012	25% - 50%	1559347
Rudolf J Colloredo Mansfield	Member	1 Dec 2012	25% - 50%	6201345
Anne E Penfield	Member	1 Dec 2012	25% - 50%	6201353
Rudolf J Colloredo Mansfeld	Member, trustee	1 Dec 2012	25% - 50%	6201345
The Franz F. Colloredo Mansfeld 2012 Irrevocable Family Trust	Member	1 Jun 2017	75% - 100%	46-6415551

Based in Boston

The principal office where Cabot Properties L.P. performs its advisory services is located at One Beacon Street, Boston, MA 02108, 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 617-723-7400 or by fax 617-723-4200. 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 cabotprop.com.