Acadian Asset Management LLC (Boston)

Acadian Asset Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and management for family offices, provide model portfolios for other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Acadian Asset Management: assets under management

The assets under management (AUM) of Acadian Asset Management LLC is $84.64 billion. The firm's AUM has grown by 32% since the beginning of its operation, and $31.4 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $84.43 billion in discretionary accounts and $205.29 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $278.65 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $205.29 million.

Acadian Asset Management has custody of $8.79 billion in cash and securities for 26 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is investment and business development companies, which make up 1% of the firm’s portfolio. Investments in pooled investment vehicles form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Acadian Asset Management LLC for their services and products based on a percentage of assets under management and performance-based fees. 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 Ronald Dickson Frashure serves?

The firm provides services to investment companies, charitable organizations, pooled investment vehicles, 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 Dickson Frashure is pooled investment vehicles with 106 clients and $26.91 billion of assets under management. Among the 8 most similar advisory firms, Acadian Asset Management has the 4th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $65.3 billion for 239 clients. 44% of the firm’s clients are foreign persons or businesses.

Acadian Asset Management also advises several private funds. Namely, twelve hedge funds and twenty three other private funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Acadian Asset Management LLC

The company employs 375 people that are either part- or full-time employees. 29 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 don’t receive compensation from other entities for client referrals.

Ronald Dickson Frashure has been acting as President since 1 Jan 2013. John Robert Chisholm joined the executive team most recently as the Co Ceo, Co Cio, Manager.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 12 indirect owners.

Based in Boston

The principal office where Acadian Asset Management LLC performs its advisory services is located at 260 Franklin Street, 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 617-850-3500 or by fax 617-850-3501. The normal business hours are 8:30 a.m. to 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at acadian-asset.com.

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