ALPha Windward LLC (Westwood)

Name: ALPha Windward LLC
Address: 200 Lowder Brook Drive, Westwood, MA, 02090 1178
Telephone: 781-326-8880

ALPha Windward LLC is a large advisory firm based in Westwood. It manages $140.62 million of regulatory assets for 144 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Massachusetts and New Hampshire.

ALPha Windward 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.

ALPha Windward: assets under management

The assets under management (AUM) of ALPha Windward LLC is $140.62 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 64% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $140.62 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $976.49 thousand each.

ALPha Windward has custody of $64 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 49% of the total AUM. The second-largest asset type is exchange traded securities, which make up 47% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay ALPha Windward LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients ALPha Windward serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of ALPha Windward is pooled investment vehicles with 1 clients and $64 million of assets under management. Among the 10 most similar advisory firms, ALPha Windward has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $139.61 million for 103 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.

ALPha Windward also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $50,000 for each fund.

Careers at ALPha Windward LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Inc. S.B. Carr Investments	Member, owner	1 Apr 1998	50% - 75%	110082
Samuel Baldwin Carr	Managing director	1 Apr 1998	Other	4336195
Margaret W. G. Carr	Member, owner	1 Apr 1998	50% - 75%	4362966
Benjamin Gardner Dawson	Managing director, chief compliance officer	1 May 1998	Other	1173024
Inc. B.G. Dawson Investments	Member, owner	1 Jul 1998	50% - 75%	04-3424066
Cornelia A. B. Dawson	Member, owner	1 Jul 1998	50% - 75%	4374693
Patricia Ann Leighfield	Chief compliance officer	1 Mar 2004	Other	5029718

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Samuel Baldwin Carr	President, owns 100% jointly with wife, margaret w. g. carr	1 Apr 1990	75% - 100%	4336195
Margaret W. G. Carr	Owns 100% jointly with husband, samuel b. carr, jr.	1 Apr 1990	75% - 100%	4362966
The Awbg Nominee Trust	50% economic interest	1 Feb 2018	50% - 75%	1
Benjamin Gardner Dawson	100% voting control of and 50% economic interest, trustee of awbg nominee trust	1 Feb 2018	50% - 75%	1173024
Cornelia A. B. Dawson	Trustee and 100% beneficiary of awbg nominee trust	1 Feb 2018	75% - 100%	4374693

Based in Westwood

The principal office where ALPha Windward LLC performs its advisory services is located at 200 Lowder Brook Drive, Westwood, MA 02090 1178, 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 781-326-8880 or by fax 781-326-3446. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at alphawindward.com.