Adamas Partners, LLC (Boston)

Name: Adamas Partners, LLC
Address: The Pilot House At Lewis Wharf, Boston, MA, 02110
Telephone: 617-854-3700

Adamas Partners, LLC is a large advisory firm based in Boston. It manages $1.77 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Massachusetts.

Adamas Partners provides portfolio management for pooled investment vehicles 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.

Adamas Partners: assets under management

The assets under management (AUM) of Adamas Partners, LLC is $1.77 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.77 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $884.2 million each.

Adamas Partners has custody of $1.77 billion in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Adamas Partners, 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 Adamas Partners serves?

The only and largest group of clients of Adamas Partners is pooled investment vehicles with 2 clients and $1.77 billion of assets under management. Among the 3 most similar advisory firms, Adamas Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.77 billion for 2 clients. None of the firm’s clients are foreign persons or businesses.

Adamas Partners also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Adamas Partners, LLC

The company employs 3 people that are either part- or full-time employees. 100 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
Steven Richard Berger	Managing member	1 May 2000	25% - 50%	2599718
Heidi Carter Pearlson	Managing member	1 May 2000	25% - 50%	2805605
Rebecca Emmons Duseau	Managing member & chief compliance officer	1 May 2000	25% - 50%	2808546

Based in Boston

The principal office where Adamas Partners, LLC performs its advisory services is located at The Pilot House At Lewis Wharf, 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 617-854-3700 or by fax 617-854-3701. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at adamaspartners.com.