Domini Impact Investments LLC is a large advisory firm based in New York. It manages $2.14 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Massachusetts and New York.
Domini Impact Investments provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, 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.
The assets under management (AUM) of Domini Impact Investments LLC is $2.14 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 41% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Domini Impact Investments LLC for their services and products based on a percentage of assets under management. 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.
The firm provides services to investment companies, high net worth individuals, and pooled investment vehicles. The largest group of clients of Domini Impact Investments is investment companies with 3 clients and $2.13 billion of assets under management. Among the 8 most similar advisory firms, Domini Impact Investments has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $2.14 billion for 10 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.
Domini Impact Investments also advises several private funds.
The company employs 27 people that are either part- or full-time employees. 44 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.
The principal office where Domini Impact Investments LLC performs its advisory services is located at 180 Maiden Lane, New York, NY 10038, 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 212-217-1100 or by fax 212-217-1101. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at domini.com.