Audax Management Company, LLC (Boston)

Name: Audax Management Company, LLC
Address: 101 Huntington Avenue, Boston, MA, 02199
Telephone: 617-859-1500

Audax Management Company, LLC is a large advisory firm based in Boston. It manages $8.26 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and Massachusetts.

Audax Management Company 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.

Audax Management Company: assets under management

The assets under management (AUM) of Audax Management Company, LLC is $8.26 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 252% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $8.26 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $550.38 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Audax Management Company, 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 Audax Management Company serves?

The only and largest group of clients of Audax Management Company is pooled investment vehicles with 15 clients and $8.26 billion of assets under management. Among the 6 most similar advisory firms, Audax Management Company has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $8.26 billion for 15 clients. None of the firm’s clients are foreign persons or businesses.

Audax Management Company also advises several private funds. Namely, fifteen private equity funds. The minimum investment commitment required of non-related persons ranges from $1 to $10,000,000.

Careers at Audax Management Company, LLC

The company employs 199 people that are either part- or full-time employees. 42 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
Marc B. Wolpow 1995 Family Trust	Member	1 Nov 1995	Other	04-6794561
Marc Brian Wolpow	Co-ceo	1 Jul 1999	25% - 50%	1294486
Geoffrey Scott Rehnert	Co-ceo	1 Jul 1999	25% - 50%	6001101
Daniel Harris Weintraub	General counsel	1 Jun 2006	Other	6002608
Richard Thomas Joseph	Chief operating officer	1 Jan 2008	Other	6002606
Daniel Harris Weintraub	General counsel, managing director	1 Dec 2011	Other	6002608
Aileen Cecille Keaney	Chief compliance officer	1 Jan 2012	Other	6021686
Heather Ross Zuzenak	Chief compliance officer	1 Apr 2012	Other	6060600
Daniel Harris Weintraub	Chief compliance officer, general counsel, managing director	1 Jul 2013	Other	6002608
Byron Pavano	Chief compliance officer	1 Aug 2013	Other	6244688
Jason Currier	Executive vice president, finance & chief financial officer, private equity	1 May 2017	Other	7091857
Llc Audax Management Company Holdings	Sole member	1 Jul 2019	75% - 100%	04-3477377

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ronald Bradford Malt	Trustee	1 Jun 1997	Other	6026779
Barry Stuart Volpert	Trustee	1 Nov 2002	Other	1659566
Marc Brian Wolpow	Member	1 Jun 2019	25% - 50%	1294486
Geoffrey Scott Rehnert	Member	1 Jun 2019	25% - 50%	6001101

Based in Boston

The principal office where Audax Management Company, LLC performs its advisory services is located at 101 Huntington Avenue, Boston, MA 02199, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-859-1500 or by fax 617-859-1600. The normal business hours are 8:30 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at audaxgroup.com.