Manchester Capital Management LLC is a large advisory firm based in Manchester. It manages $3.43 billion of regulatory assets for 1,421 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Colorado, Delaware, and 11 other states.
Manchester Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Manchester Capital Management LLC is $3.43 billion. The firm's AUM has grown by 1243% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Manchester Capital Management LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Manchester Capital Management is high net worth individuals with 153 clients and $3.22 billion of assets under management. Among the 9 most similar advisory firms, Manchester Capital Management has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $3.43 billion for 252 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.
Manchester Capital Management also advises several private funds. Namely, five hedge funds, one other private fund, two private equity funds, and five venture capital funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.
The company employs 35 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. 13 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people 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.
The principal office where Manchester Capital Management LLC performs its advisory services is located at 3657 Main Street, Manchester, VT 05254 The mailing address of the firm is Po Box 416, Manchester, VT 05254. An additional office of the firm is in Charlottesville, VA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 802-362-4410 or by fax 802-362-1377. The normal business hours are 8:30 - 5:00 on Monday - Friday. You can find more information about the New York firm at mcmllc.com.