Ta Realty LLC (Boston)


Ta Realty LLC is a large advisory firm based in Boston. It manages $1.66 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Massachusetts, and Texas.

Ta Realty provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and advice on the selection, acquisition/development, management and disposition of real estate assets. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ta Realty: assets under management

The assets under management (AUM) of Ta Realty LLC is $1.66 billion, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $1.66 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $829.12 million each.
Ta Realty has custody of $94.84 million in cash and securities for 13 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ta Realty 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 Ta Realty serves?

The only and largest group of clients of Ta Realty is pooled investment vehicles with 2 clients and $1.66 billion of assets under management. Among the 10 most similar advisory firms, Ta Realty has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.66 billion for 2 clients. 20% of the firm’s clients are foreign persons or businesses.

Ta Realty also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Ta Realty LLC

The company employs 84 people that are either part- or full-time employees. 67 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
Michael Austin Ruane Board member and chief executive officer 1 Dec 1996 Other 4347930
Michael Ruane Member, president and chief executive officer 1 Dec 1996 75% - 100% 4347930
Andrew Maysilles Neher Senior vice president and chief financial officer 1 Dec 1996 Other 2384045
Realty Associates Advisors Trust Manager 1 Dec 1996 Other 04-3101169
Realty Associates Advisors Llc Manager 1 Dec 1996 Other 107512
Michael A Ruane Member, president and chief executive officer 1 Dec 1996 75% - 100% 4347930
Scott D Freeman Director of acquisitions 1 Apr 2002 Other 2372600
Mark M Harmeling Director of portfolio management 1 Apr 2002 Other 4649880
James Paul Raisides Partner, portfolio management 1 Dec 2002 Other 5657052
Richard G Egan Chief financial officier 1 Jul 2003 Other 4780449
James O Buckingham Board member and managing partner 1 Mar 2004 Other 4780448
James Otis Buckingham Board member and managing partner 1 Mar 2004 Other 4780448
Scott L Dalrymple Partner, chief financial officer, chief compliance officer 1 Oct 2004 Other 5030858
Scott Loring Dalrymple Partner, chief financial officer, chief compliance officer 1 Oct 2004 Other 5030858
Scott L Dalrymple Chief compliance officer 1 Jan 2005 Other 5030858
Scott L Dalrymple Partner, chief compliance officer 1 Dec 2006 Other 5030858
Lp Ta Enterprises I Member 1 Dec 2007 Other 26-1608777
Atsushi Nakajima Board member 1 Jan 2015 Other 6172555
Thomas Ewing Landry Board member and managing partner 1 Jan 2015 Other 6443972
Toshihiko Kazama Board member 1 Jan 2015 Other 6445941
Masaki Sakagawa Board member 1 Jan 2015 Other 6445943
Naoki Kuwabara Board member 1 Jan 2015 Other 6445945
Junji Inagawa Board member 1 Jan 2015 Other 6445947
Rockefeller Group Ta Inc. Member 1 Jan 2015 50% - 75% 47-2045130
Nathan Leslie Foss Partner, finance & operations 1 Jan 2015 Other 1296712
Naoki (Nmn) Kuwabara Board member 1 Jan 2015 Other 6445945
Junji (Nmn) Inagawa Board member 1 Jan 2015 Other 6445947
Masaki (Nmn) Sakagawa Board member 1 Jan 2015 Other 6445943
Tetsuji (Nmn) Arimori Board member 1 Apr 2016 Other 6647276
Tetsuya (Nmn) Masuda Board member 1 Apr 2016 Other 6644021
Tetsuji Arimori Board member 1 Apr 2016 Other 6647276
Tetsuya Masuda Board member 1 Apr 2016 Other 6644021
Keiji (Nmn) Takano Board member 1 Apr 2017 Other 6779449
Shojiro (Nmn) Kojima Board member 1 Apr 2018 Other 6936360
Masanori (Nmn) Iwase Board member 1 Apr 2018 Other 6936364

Indirect Owners

The SEC currently registers 16 indirect owners.

Name Entity Date acquired Ownership Employer ID
Ltd. Mitsubishi Estate Co. Shareholder 1 Feb 1997 75% - 100% foreign entity
Inc. Rockefeller Group Shareholder 1 Nov 1997 75% - 100% 13-1227600
Realty Associates Advisors Trust Managing member 1 Dec 1998 75% - 100% 04-3101169
Michael Austin Ruane Trustee, stockholder 1 Dec 1998 75% - 100% 4347930
Michael A Bass Trustee 1 Jun 2007 Other 5657144
Michael Alan Bass Trustee 1 Jun 2007 Other 5657144
Llc Ta Enterprises Management General partner 1 Dec 2007 Other 26-1608701
Michael Austin Ruane Limited partner 1 Dec 2007 Other 4347930
Michael A Bass Trustee 1 Dec 2007 Other 5657144
Michael Alan Bass Trustee 1 Dec 2007 Other 5657144
The Ruane Irrevocable Gst Trust Of 2007 Limited partner 1 May 2008 75% - 100% 26-6157281
The Ruane Irrevocable Trust Of 2007 Member 1 May 2008 25% - 50% 26-6163057
Scott L Dalrymple Trustee 1 Feb 2009 Other 5030858
Scott Loring Dalrymple Trustee 1 Feb 2009 Other 5030858
Inc. Rockefeller Group International Shareholder 1 Oct 2014 75% - 100% 13-3975924
The Ruane Irrevocable Trust Of 2007 General partner 1 Dec 2016 Other 26-6163057

Based in Boston

The principal office where Ta Realty LLC performs its advisory services is located at 28 State St 10 Th Floor, Boston, MA 02109, which is also the mailing address of the firm. An additional office of the firm is in Palm Beach Gardens, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (617) 476-2700 or by fax (617) 476-2799. 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 tarealty.com and its LinkedIn profile.