Century Equity Partners LLC (Boston)

Name: Century Equity Partners LLC
Address: 100 Federal Street, Boston, MA, 02110
Telephone: 617-863-2950

Century Equity Partners LLC is a large advisory firm based in Boston. It manages $875.35 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Connecticut and Massachusetts.

Century Equity Partners provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Century Equity Partners: assets under management

The assets under management (AUM) of Century Equity Partners LLC is $875.35 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 47% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $875.35 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $175.07 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Century Equity Partners 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 Century Equity Partners serves?

The only and largest group of clients of Century Equity Partners is pooled investment vehicles with 5 clients and $875.35 million of assets under management. Among the 11 most similar advisory firms, Century Equity Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $875.35 million for 5 clients. None of the firm’s clients are foreign persons or businesses.

Century Equity Partners also advises several private funds. Namely, five private equity funds.

Careers at Century Equity Partners LLC

The company employs 11 people that are either part- or full-time employees. 82 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
Davis Rand Fulkerson	Elected manager and member	1 Mar 2015	25% - 50%	4356145
Kevin Joseph Maclaughlan	Chief compliance officer, chief financial officer, member	1 Mar 2015	Other	6580699
Frank Bazos	Member	1 Jan 2016	Other	2896457
Charles Kline	Member	1 Jan 2016	Other	6580337
David Carter Sherwood	Member	1 Jan 2016	Other	1740914
Charles Lysle Kline	Member	1 Jan 2016	Other	6580337
Frank Robert Bazos	Member	1 Jan 2016	Other	2896457
Christopher James Lalonde	Member	1 Jan 2016	Other	6621376
Stephen Michael Marquardt	Member	1 Jan 2016	Other	3020547
Peter Stephen Laino	Member	1 Jan 2017	Other	2544210

Based in Boston

The principal office where Century Equity Partners LLC performs its advisory services is located at 100 Federal 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 617-863-2950 or by fax 617-701-5188. 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 cepfunds.com.