Balter Capital Management LLC (Boston)

Name: Balter Capital Management LLC
Address: 125 High Street, Boston, MA, 02110
Telephone: 617-742-4226

Balter Capital Management LLC is a large advisory firm based in Boston. It manages $694.85 million of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Massachusetts.

Balter Capital Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Balter Capital Management: assets under management

The assets under management (AUM) of Balter Capital Management LLC is $694.85 million. The firm's AUM has grown by 810% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $379.23 million in discretionary accounts and $315.63 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $54.18 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $21.04 million.

Investments

The firm invests in pooled investment vehicles the most. They account for 96% of the total AUM. The second-largest asset type is investment and business development companies, which make up 4% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Balter Capital Management LLC for their services and products based on a percentage of assets under management and fixed 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 Balter Capital Management serves?

The firm provides services to investment companies, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Balter Capital Management is investment companies with 3 clients and $375.07 million of assets under management. Among the 11 most similar advisory firms, Balter Capital Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $694.85 million for 22 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.

Balter Capital Management doesn't advise any private funds.

Careers at Balter Capital Management LLC

The company employs 12 people that are either part- or full-time employees. 33 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

Name	Entity	Date acquired	Ownership	Employer ID
Victor Wen Yuan Chiang	Member and chief compliance officer and chief operating officer	1 Mar 2007	Other	5208663
Bradley Ross Balter	Managing member and chief executive officer	1 Mar 2007	50% - 75%	2197950
Jay Clark Warner	Member and chief investment officer	1 Mar 2007	Other	4783797
James A. Fricano	Chief compliance officer	1 Sep 2015	Other	6567657
Rebecca Elise Gompper	Chief compliance officer	1 Nov 2017	Other	6889453

Based in Boston

The principal office where Balter Capital Management LLC performs its advisory services is located at 125 High Street, Boston, MA 02110, 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 617-742-4226 or by fax 617-742-4224. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at baltercap.com.