Standish Mellon Asset Management Company LLC (Boston)

Name: Standish Mellon Asset Management Company LLC
Address: Bny Mellon Center, Boston, MA, 02108 4408
Telephone: 617-248-6000

Standish Mellon Asset Management Company LLC is a large advisory firm based in Boston. It manages $130.23 billion of regulatory assets for 1,742 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Standish Mellon Asset Management Company 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, publication of newsletters, and credit research. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Standish Mellon Asset Management Company: assets under management

The assets under management (AUM) of Standish Mellon Asset Management Company LLC is $130.23 billion. The firm's AUM has grown by 227% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $126.31 billion in discretionary accounts and $3.92 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $73.4 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $186.44 million.

Investments

The firm invests in government bonds the most. They account for 24% of the total AUM. The second-largest asset type is other assets, which make up 20% of the firm’s portfolio. Investments in state and local bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Standish Mellon Asset Management Company LLC for their services and products based on a percentage of assets under management, fixed fees, 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 Ronald Philip O'hanley serves?

The firm provides services to insurance companies, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, banking or thrift institutions, business development companies, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Ronald Philip O'hanley is pension and profit sharing plans with 119 clients and $44.16 billion of assets under management. Among the 7 most similar advisory firms, Standish Mellon Asset Management Company has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $130.02 billion for 395 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.

Standish Mellon Asset Management Company doesn't advise any private funds.

Careers at Standish Mellon Asset Management Company LLC

The company employs 158 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 12 people 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.

Ronald Philip O'hanley has been acting as President since 1 Jul 2001. David Antonio Daglio joined the executive team most recently as the Board Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edward Homer Ladd	Chairman emeritus of standish, board member	1 Jul 2001	Other	4299449
Standish Mellon Asset Management Holdings Llc	Sole owner	1 Jul 2001	75% - 100%	?
Richard Sands Wood	Vice chairman and director	1 Jul 2001	Other	2079535
Thomas Peter Sorbo	Vice chairman and director	1 Jul 2001	Other	1269766
Beverly Emma Banfield	Chief compliance officer	1 Jul 2001	Other	1016575
Ronald Philip O'hanley	Director	1 Jul 2001	Other	4331592
John Joseph Nagoniak	Director	1 Jul 2001	Other	4334095
James Milton Gockley	Director	1 Jul 2001	Other	2791166
Jeffrey P Howkins	Director	1 Jul 2001	Other	4435255
John Joseph Nagorniak	Board manager	1 Jul 2001	Other	4334095
Stephen Robert Burke	Vice chairman and director	1 Oct 2001	Other	1054623
William Folwell Adam	Board manager	1 Nov 2002	Other	4334099
Patrick James Sheppard	Board manager	1 Nov 2002	Other	1779929
Mam (Ma) Holding Trust Formerly Known As Fixed Income (Ma) Trust	Sole owner	1 Jul 2003	75% - 100%	86-1067827
Steven Lipiner	Treasurer	1 Jul 2003	Other	1707823
Fixed Income (Ma) Trust	Sole owner	1 Jul 2003	75% - 100%	86-1067827
Stephen Edward Canter	Board manager	1 Jul 2003	Other	1837432
Guy Andrew Hudson	Board manager	1 Jul 2003	Other	4432332
Robert Mccormish	Board manager, executive vice president, director of new product development, executive management committee member	1 Jul 2003	Other	1976545
Alexander Clemens Huberts	Chief investment officer, executive vice president, executive management committee member	1 Jul 2003	Other	2345952
Jennifer Alice Pline	Executive management committee member, sr. vice president	1 Jul 2003	Other	2092548
Laurie Ann Carroll	Executive management committee member, sr. vice president	1 Nov 2003	Other	1047946
Jan Francis Jumet	Director of compliance & administration; secretary	1 Dec 2003	Other	4364002
Francis David Antin	Board member	1 Jun 2004	Other	4333847
Mitchell Evan Harris	Chief executive officer, board member, executive management committee member	1 Oct 2004	Other	4359464
Mitchell Evan Harris	Board member, trustee of sole owner	1 Feb 2005	Other	4359464
James Desmond Mac Intyre	Chairman and chief executive officer, board member	1 Feb 2005	Other	4739791
Laurie Ann Carroll	Sr. vice president, executive management committee member	1 Apr 2005	Other	1047946
Mitchell Evan Harris	Chief executive officer, chairman, board member, executive management committee member	1 Apr 2005	Other	4359464
James Desmond Mac Intyre	Chief operating officer, chief compliance officer, secretary, executive management committee member	1 Apr 2005	Other	4739791
Kristie Anna Kraeuter	Chief compliance officer	1 Aug 2005	Other	4707771
Scott Edward Wennerholm	Board memeber	1 Oct 2005	Other	2398744
Christine Veronica Downton	Board member	1 Oct 2005	Other	1610810
Kristie Anna Kraeuter	Chief risk officer	1 Feb 2006	Other	4707771
Kelly Lane Mahoney	Chief compliance officer	1 Feb 2006	Other	4608062
Corey Anthony Griffin	Board member	1 Mar 2006	Other	4333862
Phillip Nicholas Maisano	Board member	1 Dec 2006	Other	317558
Brian Flaherty	Chief operating officer	1 Jan 2008	Other	5510117
John Michael Little	Board member	1 Mar 2008	Other	5504070
Alex Brian Over	Director of sales, marketing and consultant relations, board member	1 Mar 2008	Other	5504083
Alexander Brian Over	Managing director of sales, marketing and consultant relations, board member	1 Mar 2008	Other	5504083
John Archibald Parks	Trustee of sole owner	1 Aug 2008	Other	5654992
Julia Braithwaite	Chief compliance officer, secretary	1 Mar 2010	Other	5769405
Charles Patrick Dolan	Board member	1 Apr 2011	Other	4359535
Christine Hegenbart Lee Todd	President, board member	1 Jan 2012	Other	1884665
Cynthia Fryer Steer	Board member	1 May 2012	Other	6091487
Michael Andrew Faloon	Chief operating officer	1 Jan 2013	Other	3221621
Mark David Santero	Board member	1 Sep 2014	Other	1148011
Kurtis Kurimsky	Trustee of sole owner	1 Apr 2015	Other	5510300
David C Leduc	Chief executive officer, chief investment officer, board member	1 Aug 2015	Other	2704353
Joseph Patrick Gennaco	Board member, trustee of sole owner	1 Jul 2016	Other	1710391
Gregory Allan Brisk	Board member, trustee of sole owner	1 Jul 2016	Other	5859270
Mam (Ma) Holdings Llc	Sole owner	1 Mar 2017	75% - 100%	13-2614959
Amy Elizabeth Koch	Chief administrative officer	1 Mar 2017	Other	3167010
David Antonio Daglio	Board member	1 Oct 2017	Other	4588634
Michael Anthony Germano	Board member	1 Oct 2017	Other	6368825
Adam Brett Joffe	Board member	1 Oct 2017	Other	2413671
Jamie William Lewin	Board member	1 Oct 2017	Other	6182484
Linda Tung Lillard	Board member	1 Oct 2017	Other	4470322
Thomas Loeb	Board member	1 Oct 2017	Other	2280443
James Desmond Mac Intyre	Board member	1 Oct 2017	Other	4739791
Matthew John Oomen	Board member	1 Oct 2017	Other	6638089
Alexander Brian Over	Board member	1 Oct 2017	Other	5504083
Gabriela Franco Parcella	Board member	1 Oct 2017	Other	4395858
Jeff Jianfeng Zhang	Board member	1 Oct 2017	Other	2773740

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mellon Financial Corporation	Sole owner	1 Jul 2001	75% - 100%	25-1233834
Mellon Financial Corporation	Partial owner	1 Jul 2003	25% - 50%	25-1233834
Fixed Income (De) Trust	Partial owner	1 Jul 2003	75% - 100%	86-1067827
Formerly Known As Fixed Income (De) Trust Mam (De) Trust	Partial owner	1 Jul 2003	75% - 100%	86-1067823
Formerly Known As Fixed Income (Ma) Trust Mam (Ma) Holding Trust	Sole owner	1 Jul 2003	75% - 100%	86-1067827
The Bank Of New York Mellon	Sole owner	1 Jul 2003	75% - 100%	25-1233834
Bny Mellon Corporation	Partial owner	1 Jul 2003	Other	13-2614959
Inc) The Bank Of New York Mellon Corporation(Successor To Merger Of Mellon Financial Corporation & The Bank Of New York Company	Sole owner	1 Jul 2007	75% - 100%	13-2614959
Mbc Investments Corporation	Indirect owner	1 Mar 2017	75% - 100%	51-0301132

Based in Boston

The principal office where Standish Mellon Asset Management Company LLC performs its advisory services is located at Bny Mellon Center, Boston, MA 02108 4408, which is also the mailing address of the firm. An additional office of the firm is in Pittsburgh, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-248-6000 or by fax 617-248-6050. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at standish.com.