Wellington Alternative Investments LLC (Boston)

Name: Wellington Alternative Investments LLC
Address: 280 Congress Street, Boston, MA, 02210
Telephone: 617-951-5372

Wellington Alternative Investments LLC is a large advisory firm based in Boston. It manages $14.63 billion of regulatory assets for 117 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Delaware and Massachusetts.

Wellington Alternative Investments provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and 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 Alternative Investments: assets under management

The assets under management (AUM) of Wellington Alternative Investments LLC is $14.63 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1% since the beginning of its operation, and $11.74 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $14.63 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $125.02 million each.

Wellington Alternative Investments has custody of $14.03 billion in cash and securities for 117 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Wellington Alternative Investments LLC 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 Christopher George Kirk serves?

The only and largest group of clients of Christopher George Kirk is pooled investment vehicles with 117 clients and $14.63 billion of assets under management. Among the 8 most similar advisory firms, Wellington Alternative Investments has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $14.63 billion for 117 clients. 74% of the firm’s clients are foreign persons or businesses.

Wellington Alternative Investments also advises several private funds. Namely, eighty one hedge funds, five other private funds, and eight private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $2,000,000.

Careers at Wellington Alternative Investments LLC

The company employs 33 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Christopher George Kirk has been acting as President since 1 Mar 2016. 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 Jan 2015	75% - 100%	47-1176289
James Scott Peterson	Chief compliance officer	1 Mar 2016	Other	4077190
Christopher George Kirk	President	1 Mar 2016	Other	2286212
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 Alternative Investments 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 617-951-5372. 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 and its LinkedIn profile.