Polen Capital Management, LLC (Boca Raton)
Polen Capital Management, LLC is a large advisory firm based in Boca Raton. It manages $16.7 billion of regulatory assets for 1,413 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Polen Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Polen Capital Management: assets under management
The assets under management (AUM) of Polen Capital Management, LLC is $16.7 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2348% since the beginning of its operation, and $1.4 billion of the total AUM is attributable to clients outside of the United States.
Investments
The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 3% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Polen Capital Management, 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 David Martin Polen serves?
The firm provides services to investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of David Martin Polen is other investment advisers with 48 clients and $7.11 billion of assets under management. Among the 11 most similar advisory firms, Polen Capital Management has the highest percentage of other investment advisers out of all clients.
The amount of regulatory assets under management is $16.65 billion for 1,406 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.
Polen Capital Management doesn't advise any private funds.
Careers at Polen Capital Management, LLC
The company employs 72 people that are either part- or full-time employees. 19 percent of the employees work as investment advisers or researchers. 7 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.
David Martin Polen has been acting as President since 1 Jul 2007. Stan C. Moss Revocable Trust joined the executive team most recently as the Member.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 17 indirect owners.Based in Boca Raton
The principal office where Polen Capital Management, LLC performs its advisory services is located at 1825 Nw Corporate Blvd., Boca Raton, FL 33431, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 1-561-241-2425 or by fax 1-561-241-2710. The normal business hours are 8:30am - 5:30pm on Monday - Friday. You can find more information about the New York firm at polencapital.com.
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