Smartleaf Asset Management LLC (Boston)

Name: Smartleaf Asset Management LLC
Address: One Bowdoin Square, Boston, MA, 02114
Telephone: 857-366-9340

Smartleaf Asset Management LLC is an internet adviser based in Boston. It manages $415.51 thousand of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Massachusetts, New York, and Texas.

Smartleaf Asset Management provides portfolio management for individuals and small businesses 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.

Smartleaf Asset Management: assets under management

The assets under management (AUM) of Smartleaf Asset Management LLC is $415.51 thousand, all of which is managed in discretionary accounts. The firm's AUM has grown by 315% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $415.51 thousand in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $138.5 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Smartleaf Asset 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.

Careers at Smartleaf Asset Management LLC

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 6 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
Smartleaf Inc	Managing member, parent company	1 Jun 2014	75% - 100%	04-3466033
Gerard Alexander Michael	Managing member	1 Jun 2014	Other	4380411
Diana W Neuss	Member, chief compliance officer	1 Jan 2015	Other	4085811

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Gerard Alexander Michael	Shareholder	1 Apr 1999	25% - 50%	4380411

Based in Boston

The principal office where Smartleaf Asset Management LLC performs its advisory services is located at One Bowdoin Square, Boston, MA 02114, 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 857-366-9340 or by fax 617-491-5556. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at smartleafam.com.