Par Capital Management, Inc. (Boston)
Par Capital Management, Inc. is a large advisory firm based in Boston. It manages $5.32 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Massachusetts.
Par Capital Management 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.
Par Capital Management: assets under management
The assets under management (AUM) of Par Capital Management, Inc. is $5.32 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 110% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Par Capital Management, Inc. 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 Paul Arlington Reeder serves?
The only and largest group of clients of Paul Arlington Reeder is pooled investment vehicles with 1 clients and $5.32 billion of assets under management. Among the 6 most similar advisory firms, Par Capital Management has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $5.32 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.
Par Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
Careers at Par Capital Management, Inc.
The company employs 19 people that are either part- or full-time employees. 58 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.
Paul Arlington Reeder has been acting as President since 1 May 1992. John Matthew Buchanan joined the executive team most recently as the Shareholder/Vice President.
Direct owners and executive officers
Based in Boston
The principal office where Par Capital Management, Inc. performs its advisory services is located at 200 Clarendon Street, 48 Fl, Boston, MA 02116, 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 6175268990 or by fax 617-556-8875. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at parcapital.com.
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