Battery Global Advisors, LLC (Boston)


Battery Global Advisors, LLC is a large advisory firm based in Boston. It manages $1.24 billion of regulatory assets for 57 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and Massachusetts.

Battery Global Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Battery Global Advisors: assets under management

The assets under management (AUM) of Battery Global Advisors, LLC is $1.24 billion. The firm's AUM has grown by 181% since the beginning of its operation, and $226 million of the total AUM is attributable to clients outside of the United States.

The firm manages $817.9 million in discretionary accounts and $425.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $19.02 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $30.4 million.
Battery Global Advisors has custody of $890.9 million in cash and securities for 52 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in cash and cash equivalents the most. They account for 39% of the total AUM. The second-largest asset type is exchange traded securities, which make up 22% of the firm’s portfolio. Investments in pooled investment vehicles form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Battery Global Advisors, LLC for their services and products based on a percentage of assets under management and fixed 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 Philip Lindsey Bullen serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Philip Lindsey Bullen is pooled investment vehicles with 28 clients and $735 million of assets under management. Among the 7 most similar advisory firms, Battery Global Advisors has the lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.24 billion for 57 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 14% of the firm’s clients are foreign persons or businesses.

Battery Global Advisors also advises several private funds. Namely, thirteen hedge funds, five real estate funds, six other private funds, and four venture capital funds.

Careers at Battery Global Advisors, LLC

The company employs 18 people that are either part- or full-time employees. 33 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.

Philip Lindsey Bullen has been acting as President since 1 Apr 2011. Alexander Redpath Cobb joined the executive team most recently as the Director Of Investments.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John Michael O'connor Ceo, cio, manager, director 1 Apr 2011 25% - 50% 4352859
Daniel Louis Burns Cco (3/2013), cfo (4/2011) 1 Apr 2011 Other 4942024
John Wagner Dinneen Coo, director of financial & estate planning 1 Apr 2011 Other 6013288
Richard David Frisbie Director, member, preferred shareholder 1 Apr 2011 Other 6012165
Philip Lindsey Bullen Director 1 Apr 2011 Other 2618050
Oliver Denham Curme Member, preferred shareholder 1 Apr 2011 Other 4071156
Thomas Joseph Crotty Member, preferred shareholder 1 Apr 2011 Other 6028325
Scott Russell Tobin Member, preferred shareholder 1 Apr 2011 Other 6028321
Robert David Tabors Member, preferred shareholder 1 Apr 2011 Other 4071123
Kenneth Patrick Lawler Member, preferred shareholder 1 Apr 2011 Other 6028298
John M. O'connor Ceo, cio, manager, director 1 Apr 2011 Other 4352859
John Dinneen Coo, director of financial & estate planning 1 Apr 2011 Other 6013288
Richard Frisbie Director, member, preferred shareholder 1 Apr 2011 Other 6012165
Chris Hanson Cco 1 Apr 2011 Other 5889942
Oliver Dedham Curme Member, preferred shareholder 1 Apr 2011 Other 4071156
Kenneth P Lawler Member, preferred shareholder 1 Apr 2011 Other 6028298
Christopher Alan Hanson Cco 1 Apr 2011 Other 5889942
Alexander Redpath Cobb Director of investments 1 Sep 2012 Other 2647429

Based in Boston

The principal office where Battery Global Advisors, LLC performs its advisory services is located at One Marina Park Drive, Boston, MA 02210, 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 617-948-3800. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at batteryglobaladvisors.com.

Registered investment advisers similar to Battery Global Advisors, LLC