Domini Impact Investments LLC (New York)


Domini Impact Investments LLC is a large advisory firm based in New York. It manages $2.14 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Massachusetts and New York.

Logo

Domini Impact Investments 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 selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Domini Impact Investments: assets under management

The assets under management (AUM) of Domini Impact Investments LLC is $2.14 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 41% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $2.14 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $142.82 million each.

Investments

The firm invests in exchange traded securities the most. They account for 63% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 36% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Domini Impact Investments LLC for their services and products based on a percentage of assets under management. 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 Domini Impact Investments serves?

The firm provides services to investment companies, high net worth individuals, and pooled investment vehicles. The largest group of clients of Domini Impact Investments is investment companies with 3 clients and $2.13 billion of assets under management. Among the 8 most similar advisory firms, Domini Impact Investments has the highest percentage of investment companies out of all clients.


The amount of regulatory assets under management is $2.14 billion for 10 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.

Domini Impact Investments also advises several private funds.

Careers at Domini Impact Investments LLC

The company employs 27 people that are either part- or full-time employees. 44 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.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Amy Domini Thornton Chairperson, member and manager 1 Apr 1997 Other 69755
James Earl Brooks Member 1 Apr 1997 Other 1572854
Steven David Lydenberg Member and strategic vision partner 1 Apr 1997 Other 4375214
Domini Holdings Llc Member 1 Jul 2002 Other 16-1618091
Dal Lamagna Member 1 Mar 2005 Other 4935607
Maurizio Tallini Chief compliance officer and member 1 May 2005 Other 4963915
Carole Mayer Laible Ceo, member and manager 1 Jul 2005 Other 2572095
Megan Louise Dunphy General counsel and member 1 Nov 2014 Other 2264765
Christina Marie Povall Chief financial officer and member 1 Nov 2014 Other 4840045
Adam Michael Kanzer Managing director 1 Nov 2014 Other 3179154
Thomas Russell Appleton Trustee, the michael p. thornton qtip trust 1 Feb 2016 Other 5313248
William Bartlett Perkins Trustee, the michael p. thornton qtip trust 1 Feb 2016 Other 4362049
Wendy Shaw Holding Trustee, john g. kinder gst trust and john g. kinder non-gst trust 1 Feb 2016 Other 5468811
Charles Frederick David Boit Trustee, john g. kinder gst trust and john g. kinder non-gst trust 1 Feb 2016 Other 4534823
William Andrew Mims Trustee, jotham c. kinder gst trust and jotham c. kinder non-gst trust 1 Feb 2016 Other 2937849
Hugh L. Warren Trustee, jotham c. kinder gst trust and jotham c. kinder non-gst trust 1 Feb 2016 Other 4362055
The Michael P. Thornton Qtip Trust Member 1 Feb 2016 Other 81-6286893
Brooks Family Foundation Member 1 Dec 2016 Other 04-3582018

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Amy Domini Thornton Member, manager 1 Jan 2008 25% - 50% 69755

Based in New York

The principal office where Domini Impact Investments LLC performs its advisory services is located at 180 Maiden Lane, New York, NY 10038, 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 212-217-1100 or by fax 212-217-1101. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at domini.com.