Little Harbor Advisors, LLC is an investment adviser to an investment company based in Marblehead. It manages $9.2 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Massachusetts.
Little Harbor Advisors provides portfolio management for investment companies and 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.
The assets under management (AUM) of Little Harbor Advisors, LLC is $9.2 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 67% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Little Harbor Advisors, 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.
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of John Joseph Hassett is investment companies with 1 clients and $5.8 million of assets under management. Among the 2 most similar advisory firms, Little Harbor Advisors has the 0th lowest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $9.2 million for 2 clients. None of the firm’s clients are foreign persons or businesses.
Little Harbor Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.
The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. No 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.
John Joseph Hassett has been acting as President since 1 Apr 2012. Jeffrey Charles Landle has served as the Chief Investment Officer since 1 Jul 2013. Gt Holdings Llc joined the executive team most recently as the Member.
The principal office where Little Harbor Advisors, LLC performs its advisory services is located at 30 Doaks Lane, Marblehead, MA 01945, 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 781-639-3000 or by fax 781-639-8549. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at littleharboradvisors.com.