Polen Capital Management, LLC (Boca Raton)

Name: Polen Capital Management, LLC
Address: 1825 Nw Corporate Blvd., Boca Raton, FL, 33431
Telephone: 1-561-241-2425

Polen Capital Management, LLC is a large advisory firm based in Boca Raton. It manages $16.7 billion of regulatory assets for 1,413 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Polen Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Polen Capital Management: assets under management

The assets under management (AUM) of Polen Capital Management, LLC is $16.7 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2348% since the beginning of its operation, and $1.4 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $16.7 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $11.82 million each.

Polen Capital Management has custody of $768.23 million in cash and securities for 1,809 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 3% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Polen Capital Management, 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.

What kind of clients David Martin Polen serves?

The firm provides services to investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of David Martin Polen is other investment advisers with 48 clients and $7.11 billion of assets under management. Among the 11 most similar advisory firms, Polen Capital Management has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $16.65 billion for 1,406 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.

Polen Capital Management doesn't advise any private funds.

Careers at Polen Capital Management, LLC

The company employs 72 people that are either part- or full-time employees. 19 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

David Martin Polen has been acting as President since 1 Jul 2007. Stan C. Moss Revocable Trust joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Stanley Charles Moss	Chief executive officer	1 Jul 2007	Other	3182592
Inc. Polen Capital Management	Member	1 Jul 2007	25% - 50%	13-2984374
Daniel Adam Davidowitz	Chief investment officer and portfolio manager	1 Jul 2007	Other	5403878
Damon Anson Ficklin	Portfolio manager and analyst	1 Jul 2007	Other	4720164
David Martin Polen	President/director/ceo/cio	1 Jul 2007	Other	602110
John Edward Gunther	Relationship manager	1 Oct 2008	Other	3007911
Ian Seth Podbelski	Relationship manager	1 Jul 2010	Other	4320282
James Todd Morris	Research analyst	1 Dec 2012	Other	5755595
Kevin Christopher Schneider	Chief compliance officer	1 Jan 2014	Other	2274777
Brian David Goldberg	Chief compliance officer	1 Oct 2014	Other	6403077
Stan C. Moss Revocable Trust	Member	1 Jan 2016	Other	xxx-xx-xxxx
Im Square Holding 1 Llc	Member	1 Jan 2016	Other	81-0761936

Indirect Owners

The SEC currently registers 17 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Crédit Agricole S.A.	Bank holding company	1 Nov 1978	75% - 100%	00-0000000
David Martin Polen	Sole shareholder	1 Jan 1979	75% - 100%	602110
Sas Rue De La Boétie	Holding company	1 Nov 2001	50% - 75%	00-0000000
Stuart A Rader	Trustee	1 Sep 2010	Other	6100807
Amundi Sa	Holding company	1 Dec 2010	75% - 100%	00-0000000
David Polen Living Trust	Shareholder	1 Jun 2012	Other	46-6209146
David Polen Family Irrevocable Trust #2	Shareholder	1 Jun 2012	25% - 50%	27-6796454
David Polen Family Irrevocable Trust #1	Shareholder	1 Jun 2012	25% - 50%	27-6796466
Pcmi A Trust (Fourth C Of David's Rev Trust)	Shareholder (10% equity)	1 Jun 2012	Other	45-7015351
Eurazeo Sa	Holding company	1 Apr 2014	75% - 100%	00-0000000
Legendre Holding 36	Holding company	1 Jun 2015	25% - 50%	00-0000000
Amundi Ventures	Holding company	1 Jun 2015	25% - 50%	00-0000000
Coral Gables Trust	Trust company	1 Sep 2015	Other	03-0536836
Solomon Enrico Polen	Co-trustee	1 Sep 2015	Other	6626513
Stanley Charles Moss	Trustee	1 Oct 2015	Other	3182592
Im Square Sas	Parent	1 Dec 2015	75% - 100%	98-1277295
Daniel (Nmn) Polen	Co-trustee	1 Dec 2015	Other	6628790

Based in Boca Raton

The principal office where Polen Capital Management, LLC performs its advisory services is located at 1825 Nw Corporate Blvd., Boca Raton, FL 33431, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 1-561-241-2425 or by fax 1-561-241-2710. The normal business hours are 8:30am - 5:30pm on Monday - Friday. You can find more information about the New York firm at polencapital.com.