Vestmark Advisory Solutions, Inc. (Washington)

Vestmark Advisory Solutions, Inc. is a large advisory firm based in Washington. It manages $680.69 million of regulatory assets for 1,696 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of District of Columbia and New Jersey.

Vestmark Advisory Solutions provides 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.

Vestmark Advisory Solutions: assets under management

The assets under management (AUM) of Vestmark Advisory Solutions, Inc. is $680.69 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -4% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $680.69 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $401.35 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is state and local bonds, which make up 2% of the firm’s portfolio. Investments in government bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Vestmark Advisory Solutions, Inc. 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.

Careers at Vestmark Advisory Solutions, Inc.

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Vestmark	Owner	1 Apr 2015	75% - 100%	99-9999999
David Louis Littleton	Cco	1 Apr 2015	Other	5066624

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
David Bransford Blundin	Chairman	1 May 2001	75% - 100%	5164845

Based in Washington

The principal office where Vestmark Advisory Solutions, Inc. performs its advisory services is located at 3050 K Street Nw, Washington, DC 20007, which is also the mailing address of the firm. An additional office of the firm is in Jersey City, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 202-256-1914. The normal business hours are 9 am - 5 pm on Monday - Friday.