Domini Impact Investments LLC (New York)

Name: Domini Impact Investments LLC
Address: 180 Maiden Lane, New York, NY, 10038
Telephone: 212-217-1100

Domini Impact Investments LLC is a large advisory firm based in New York. It manages $2.14 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Massachusetts and New York.

Domini Impact Investments 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, and selection of 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.

Domini Impact Investments: assets under management

The assets under management (AUM) of Domini Impact Investments LLC is $2.14 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 41% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.14 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $142.82 million each.

Investments

The firm invests in exchange traded securities the most. They account for 63% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 36% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Domini Impact Investments LLC 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.

What kind of clients Domini Impact Investments serves?

The firm provides services to investment companies, high net worth individuals, and pooled investment vehicles. The largest group of clients of Domini Impact Investments is investment companies with 3 clients and $2.13 billion of assets under management. Among the 8 most similar advisory firms, Domini Impact Investments has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $2.14 billion for 10 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.

Domini Impact Investments also advises several private funds.

Careers at Domini Impact Investments LLC

The company employs 27 people that are either part- or full-time employees. 44 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Amy Domini Thornton	Chairperson, member and manager	1 Apr 1997	Other	69755
James Earl Brooks	Member	1 Apr 1997	Other	1572854
Steven David Lydenberg	Member and strategic vision partner	1 Apr 1997	Other	4375214
Domini Holdings Llc	Member	1 Jul 2002	Other	16-1618091
Dal Lamagna	Member	1 Mar 2005	Other	4935607
Maurizio Tallini	Chief compliance officer and member	1 May 2005	Other	4963915
Carole Mayer Laible	Ceo, member and manager	1 Jul 2005	Other	2572095
Megan Louise Dunphy	General counsel and member	1 Nov 2014	Other	2264765
Christina Marie Povall	Chief financial officer and member	1 Nov 2014	Other	4840045
Adam Michael Kanzer	Managing director	1 Nov 2014	Other	3179154
Thomas Russell Appleton	Trustee, the michael p. thornton qtip trust	1 Feb 2016	Other	5313248
William Bartlett Perkins	Trustee, the michael p. thornton qtip trust	1 Feb 2016	Other	4362049
Wendy Shaw Holding	Trustee, john g. kinder gst trust and john g. kinder non-gst trust	1 Feb 2016	Other	5468811
Charles Frederick David Boit	Trustee, john g. kinder gst trust and john g. kinder non-gst trust	1 Feb 2016	Other	4534823
William Andrew Mims	Trustee, jotham c. kinder gst trust and jotham c. kinder non-gst trust	1 Feb 2016	Other	2937849
Hugh L. Warren	Trustee, jotham c. kinder gst trust and jotham c. kinder non-gst trust	1 Feb 2016	Other	4362055
The Michael P. Thornton Qtip Trust	Member	1 Feb 2016	Other	81-6286893
Brooks Family Foundation	Member	1 Dec 2016	Other	04-3582018

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Amy Domini Thornton	Member, manager	1 Jan 2008	25% - 50%	69755

Based in New York

The principal office where Domini Impact Investments LLC performs its advisory services is located at 180 Maiden Lane, New York, NY 10038, 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 212-217-1100 or by fax 212-217-1101. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at domini.com.