Portolan Capital Management, LLC is a large advisory firm based in Boston. It manages $918.68 million of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Massachusetts.
Portolan Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.
The assets under management (AUM) of Portolan Capital Management, LLC is $918.68 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 113% since the beginning of its operation, and $61.44 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Portolan Capital Management, 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.
The firm provides services to investment companies, high net worth individuals, and pooled investment vehicles. The largest group of clients of Portolan Capital Management is investment companies with 1 clients and $413 million of assets under management. Among the 7 most similar advisory firms, Portolan Capital Management has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $820.99 million for 17 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 11% of the firm’s clients are foreign persons or businesses.
Portolan Capital Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $2,000,000 for each fund.
The company employs 11 people that are either part- or full-time employees. 45 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 Portolan Capital Management, LLC performs its advisory services is located at Two International Place, 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 617-753-6400 or by fax 617-753-6450. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at portolan.com.