Long Wharf Capital LLC (Boston)


Long Wharf Capital LLC is a large advisory firm based in Boston. It manages $714 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Massachusetts.

Long Wharf Capital provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Long Wharf Capital: assets under management

The assets under management (AUM) of Long Wharf Capital LLC is $714 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -9% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $714 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $238 million each.
Long Wharf Capital has custody of $30.3 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Long Wharf Capital LLC 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 Long Wharf Capital serves?

The only and largest group of clients of Long Wharf Capital is pooled investment vehicles with 3 clients and $714 million of assets under management. Among the 9 most similar advisory firms, Long Wharf Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $714 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Long Wharf Capital also advises several private funds. Namely, three real estate funds. The minimum investment commitment required of non-related persons ranges from $150,000 to $5,000,000.

Careers at Long Wharf Capital LLC

The company employs 22 people that are either part- or full-time employees. 27 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
Long Wharf Capital Holdings Llc Sole member 1 Jun 2011 75% - 100% 45-2508107
Tammy Lynn Plotkin Chief compliance officer 1 Oct 2015 Other 6572766

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Jeffrey S Gandel Manager and managing director 1 Jun 2011 25% - 50% 2270710
Michael Lee Elizondo Manager, managing director and chief executive officer 1 Jun 2011 50% - 75% 5939594

Based in Boston

The principal office where Long Wharf Capital LLC performs its advisory services is located at One Federal Street, 26 Th Floor, Boston, MA 02110 2009, 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 617-250-7260 or by fax 617-695-6368. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at longwharf.com/.