Telemark Asset Management, LLC (Boston)

Telemark Asset Management, LLC is a large advisory firm based in Boston. It manages $652.93 million 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.

Telemark Asset 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.

Telemark Asset Management: assets under management

The assets under management (AUM) of Telemark Asset Management, LLC is $652.93 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 162% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $652.93 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $652.93 million each.

Telemark Asset Management has custody of $652.93 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Telemark Asset Management, LLC 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 Colin Mcnay serves?

The only and largest group of clients of Colin Mcnay is pooled investment vehicles with 1 clients and $652.93 million of assets under management. Among the 7 most similar advisory firms, Telemark Asset Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $652.93 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Telemark Asset 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 Telemark Asset Management, LLC

The company employs 3 people that are either part- or full-time employees. 67 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.

Colin Mcnay has been acting as President since 1 Oct 2003. Miley C. Brian joined the executive team most recently as the Chief Compliance Officer And Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Colin Mcnay	President	1 Oct 2003	75% - 100%	2831486
Miley C. Brian	Chief compliance officer and chief financial officer	1 Oct 2003	Other	5896291

Based in Boston

The principal office where Telemark Asset Management, LLC performs its advisory services is located at One International Place, Boston, MA 02110, 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 617-526-8912 or by fax 617-526-8909. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday.