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.
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 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.
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.
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.
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.