Windham Capital Management, LLC (Boston)

Name: Windham Capital Management, LLC
Address: 800 Boylston Street, Boston, MA, 02199
Telephone: 617-419-3900

Windham Capital Management, LLC is a large advisory firm based in Boston. It manages $854.68 million of regulatory assets for 204 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Massachusetts.

Windham Capital Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and portfolio and risk management software and related consulting services, advisor to brokerage platforms. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as financial risk management software and consulting.

Windham Capital Management: assets under management

The assets under management (AUM) of Windham Capital Management, LLC is $854.68 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -88% since the beginning of its operation, and $402.3 million of the total AUM is attributable to clients outside of the United States.

The firm manages $854.68 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.19 million each.

Windham Capital Management has custody of $401.75 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

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

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Windham Capital Management is pooled investment vehicles with 3 clients and $401.75 million of assets under management. Among the 8 most similar advisory firms, Windham Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $854.68 million for 88 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

Windham Capital Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Windham Capital Management, LLC

The company employs 20 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Mark Paul Kritzman	Member	1 Jul 1993	25% - 50%	1647019
John Ronald Dewdney	Chief compliance officer	1 Jan 2000	Other	4942790
Scott Taylor Carleton	Vice president	1 Jan 2000	Other	4993059
Timothy Robert Adler	Vice president	1 Jul 2004	Other	4993042
Lucas F Turton	Vice president	1 Jul 2004	Other	4993050
Lucas F Turton	Member	1 Jul 2005	Other	4993050
Timothy Robert Adler	Member	1 Jul 2005	Other	4993042
Scott Taylor Carleton	Member	1 Jul 2005	Other	4993059
Stanley Wade Shelton	Managing director	1 Mar 2009	Other	4515329
Charles C Cutrell	Chief compliance officer	1 Apr 2009	Other	4512048
Charles C Cutrell	Member & cco	1 Oct 2013	Other	4512048
Stanley Wade Shelton	Member	1 Oct 2013	Other	4515329

Based in Boston

The principal office where Windham Capital Management, LLC performs its advisory services is located at 800 Boylston Street, Boston, MA 02199, 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 617-419-3900 or by fax 617-507-8552. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at windhamgs.com.