Martingale Asset Management LP (Boston)

Name: Martingale Asset Management LP
Address: 888 Boylston Street, Boston, MA, 02199
Telephone: 617.424.4700

Martingale Asset Management LP is a large advisory firm based in Boston. It manages $7.8 billion of regulatory assets for 42 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Massachusetts.

Martingale Asset Management 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 assets under advisement. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Martingale Asset Management: assets under management

The assets under management (AUM) of Martingale Asset Management LP is $7.8 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 537% since the beginning of its operation, and $402.22 million of the total AUM is attributable to clients outside of the United States.

The firm manages $7.8 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $185.75 million each.

Martingale Asset Management has custody of $3.5 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Martingale Asset Management LP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Alan Jay Strassman serves?

The firm provides services to investment companies, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Alan Jay Strassman is pension and profit sharing plans with 10 clients and $2.85 billion of assets under management. Among the 6 most similar advisory firms, Martingale Asset Management has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $6.41 billion for 19 clients. 7% of the firm’s clients are foreign persons or businesses.

Martingale Asset Management also advises several private funds. Namely, one hedge fund and two other private funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $25,000,000.

Careers at Martingale Asset Management LP

The company employs 24 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’s a single person 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.

Alan Jay Strassman has been acting as President since 1 Feb 1988. Iii L.P. Rosemont Partners joined the executive team most recently as the Limited Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Arnold Seton Wood	President	1 Mar 1987	Other	4342229
William Edward Jacques	Executive vice president	1 Mar 1987	Other	4342236
Martingale Asset Management Corp.	General partner	1 Jun 1987	25% - 50%	04-2956649
Arnold Seton Wood	President & ceo	1 Jun 1987	Other	4342229
William Edward Jacques	Executive vice president & cio	1 Jun 1987	Other	4342236
Patricia J. O'connor	Executive vice president & chief administrative officer	1 Jun 1987	Other	4342220
Alan Jay Strassman	Chairman	1 Feb 1988	Other	4342226
Paul Burik	Director	1 Sep 1995	Other	4342245
Douglas Evan Stark	Senior vice president	1 Feb 1996	Other	4342239
Llc Cmmam	General partner	1 Dec 1998	50% - 75%	52-2134231
Mark B Geist	Director	1 Jan 1999	Other	2064630
Samuel Paul Nathans	Senior vice president	1 Jan 2000	Other	2461188
Patricia J. O'connor	Cfo, exec. vp	1 Jan 2000	Other	4342220
Jennifer L. Visco	Vice president/cco	1 Sep 2003	Other	4944420
Jennifer Lynn Visco	Vice president/cco	1 Sep 2003	Other	4944420
James Mcindoe Eysenbach	Senior vice president	1 Apr 2004	Other	2869574
Thomas Anthony Cosmer	Senior vice president	1 Dec 2004	Other	1719101
Jennifer Lynn Visco	Senior vice president/chief compliance officer	1 Dec 2005	Other	4944420
Thomas Anthony Cosmer	Senior vice president	1 Jan 2007	Other	1719101
Jennifer Nicol Cooper	Executive vice president, cco & cfo	1 Jan 2008	Other	5514337
Iii L.P. Rosemont Partners	Limited partner	1 Dec 2017	Other	27-3667035

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Montgomery Asset Management	Member	1 Dec 1998	25% - 50%	94-3273703
Commerzbank Ag	Member	1 Dec 1998	50% - 75%	foreign entity

Based in Boston

The principal office where Martingale Asset Management LP performs its advisory services is located at 888 Boylston Street, Boston, MA 02199, 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 617.424.4700 or by fax 617.424.4747. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at mgale.com.