Ssga Funds Management, Inc. is a large advisory firm based in Boston. It manages $481.27 billion of regulatory assets for 275 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Connecticut.
Ssga Funds Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and ssga funds management, inc. provides asset allocation models on a non-discretionary basis.. 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 Ssga Funds Management, Inc. is $481.27 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 852% since the beginning of its operation, and $15.02 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Ssga Funds Management, Inc. for their services and products based on a percentage of assets under management. 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.
The firm provides services to investment companies, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Barry Francis Xavier Smith is investment companies with 265 clients and $455.28 billion of assets under management. Among the 12 most similar advisory firms, Ssga Funds Management has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $481.27 billion for 277 clients. 3% of the firm’s clients are foreign persons or businesses.
Ssga Funds Management also advises several private funds. Namely, five hedge funds and two private equity funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $10,000,000.
The company employs 217 people that are either part- or full-time employees. 95 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.
Barry Francis Xavier Smith has been acting as President since 1 Sep 2013. Kathryn Elizabeth Sweeney joined the executive team most recently as the Cta Chief Marketing Officer.
The principal office where Ssga Funds Management, Inc. performs its advisory services is located at 1 Iron Street, Boston, MA 02210, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 617-786-3000 or by fax 617-664-0481. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday.