Kaspick & Company, LLC is a large advisory firm based in Boston. It manages $11.08 billion of regulatory assets for 6,263 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Colorado, Connecticut, and 15 other states.
Kaspick & Company provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and financial consulting. 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 Kaspick & Company, LLC is $11.08 billion. The firm's AUM has grown by 360% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Kaspick & Company, LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, and pooled investment vehicles. The largest group of clients of Eugene Flood is charitable organizations with 145 clients and $8.15 billion of assets under management. Among the 9 most similar advisory firms, Kaspick & Company has the highest percentage of charitable organizations out of all clients.
The amount of regulatory assets under management is $9.74 billion for 183 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.
Kaspick & Company also advises several private funds. Namely, thirteen hedge funds, one other private fund, and eight private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.
The company employs 140 people that are either part- or full-time employees. 19 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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 receive compensation from other entities for client referrals.
Eugene Flood has been acting as President since 1 Jun 2011. Abigail Benton Mason has served as the Chief Investment Officer since 1 Dec 1997. Vijay Nmn Tunikipati joined the executive team most recently as the Chief Risk Officer.
The principal office where Kaspick & Company, LLC performs its advisory services is located at 70 Franklin Street, Boston, MA 02110 1313, which is also the mailing address of the firm. An additional office of the firm is in Charlotte, NC. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 650-585-4100 or by fax 650-595-1400. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at kaspick.com.