Zevin Asset Management, LLC (Boston)

Name: Zevin Asset Management, LLC
Address: 2 Oliver Street, Boston, MA, 02109
Telephone: 617-742-6666

Zevin Asset Management, LLC is a large advisory firm based in Boston. It manages $451.91 million of regulatory assets for 562 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Colorado, Connecticut, and 13 other states.

Zevin Asset Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and advisory services to employee trustees.. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Zevin Asset Management: assets under management

The assets under management (AUM) of Zevin Asset Management, LLC is $451.91 million. The firm's AUM has grown by 41% since the beginning of its operation, and $9.27 million of the total AUM is attributable to clients outside of the United States.

The firm manages $445.86 million in discretionary accounts and $6.05 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $803.35 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $864.65 thousand.

Zevin Asset Management has custody of $20.77 million in cash and securities for 17 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 82% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 13% of the firm’s portfolio. Investments in government bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Zevin Asset Management, LLC for their services and products based on a percentage of assets under management and hourly charges. 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.

What kind of clients Zevin Asset Management serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Zevin Asset Management is high net worth individuals with 258 clients and $255.86 million of assets under management. Among the 10 most similar advisory firms, Zevin Asset Management has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $429.87 million for 412 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.

Zevin Asset Management doesn't advise any private funds.

Careers at Zevin Asset Management, LLC

The company employs 10 people that are either part- or full-time employees. 50 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
Robert Brooke Zevin	Chairman, founder, cio, member of elected board of mgrs, owner of 100% preferred partnership units	1 Dec 1997	75% - 100%	4367618
Jennifer Lynne Kelley	Cco, coo, member elected board of managers, owner of 30% of common partnership units	1 Jan 2000	25% - 50%	6011190
Benjamin Crocker Lovell	Member elected board of managers, owner of 26.5% common parnership units	1 Jan 2007	25% - 50%	1685416
Amber Lynn Fairbanks	Senior securities analyst/portfolio manager. owner of 12.5% common partnership units	1 Sep 2007	Other	6011307
Philip Alberto Hergel	Senior quantitative analyst, owner of 10.5% common partnership units	1 Aug 2008	Other	6011312
Daniel Luke Thorn	Senior securities analyst/portfolio manager. owner of 10.5% common partnership units	1 Mar 2009	Other	6011311
Sonia Carissa Kowal	President, owner 10% common partnership units	1 Sep 2014	Other	6428690
Sonia Larissa Kowal	President, member board of managers	1 Sep 2014	Other	6428690
Jennifer Lynne Kelley	Cco, coo, member elected board of managers, owner of 30% of common partnership units	1 Oct 2014	25% - 50%	6011190
Stig Eric Zarle	Senior securities analyst	1 Nov 2015	Other	4655947
Steven Andrew Dray	Chief investment officer, senior portfolio manager, member board of managers	1 Nov 2016	Other	2963066

Based in Boston

The principal office where Zevin Asset Management, LLC performs its advisory services is located at 2 Oliver Street, Boston, MA 02109, 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 617-742-6666 or by fax 617-742-6660. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at zevin.com.