Weatherbie Capital, LLC (Boston)


Weatherbie Capital, LLC is a large advisory firm based in Boston. It manages $1.29 billion of regulatory assets for 101 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Massachusetts.

Weatherbie Capital 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.

Weatherbie Capital: assets under management

The assets under management (AUM) of Weatherbie Capital, LLC is $1.29 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 27% since the beginning of its operation, and $99.84 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.29 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.74 million each.
Weatherbie Capital has custody of $149.69 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 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Weatherbie Capital, LLC for their services and products based on a percentage of assets under management, fixed fees, 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 Matthew Alexander Weatherbie serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Matthew Alexander Weatherbie is investment companies with 4 clients and $394.05 million of assets under management. Among the 8 most similar advisory firms, Weatherbie Capital has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $1.29 billion for 101 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.

Weatherbie Capital also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Weatherbie Capital, LLC

The company employs 9 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 are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Matthew Alexander Weatherbie has been acting as President since 1 Nov 1995. Llc Alger Weatherbie Holdings joined the executive team most recently as the Direct Parent Of Applicant.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Matthew Alexander Weatherbie President 1 Nov 1995 Other 4363972
Mildred Mary Mallen Principal, chief compliance officer 1 Aug 2004 Other 4934310
Joshua Daniel Bennett Principal 1 Jul 2007 Other 5573996
Daniel Joseph Brazeau Principal 1 Jul 2007 Other 5573999
Matthew Galletta Principal 1 Jul 2007 Other 2252446
Carla Marie Mora Principal 1 Jul 2007 Other 5574018
Mark Christopher Militello Managing director 1 Jul 2007 Other 2810306
Alan Crane Kirby Principal 1 Jun 2010 Other 2552817
Haiyan George Dai Senior managing director 1 Mar 2012 Other 5574008
Edward Michael Brandt Minn Principal 1 Dec 2013 Other 4857476
Inc. Weatherbie Holding Direct owner 1 Jan 2014 75% - 100% 46-4377482
Elizabeth Ann Flanders Chief compliance officer 1 Jul 2016 Other 6196657
Llc Alger Weatherbie Holdings Direct parent of applicant 1 Mar 2017 75% - 100% 81-5449061
Cynthia Anne O'neil Director of administration & corporate operations 1 Mar 2017 Other 1784323

Indirect Owners

The SEC currently registers 6 indirect owners.

Name Entity Date acquired Ownership Employer ID
Matthew Alexander Weatherbie Direct owner 1 Jan 2014 75% - 100% 4363972
Alexandra Dewey Alger Stockholder 1 Mar 2017 25% - 50% 1794665
Nicole Demarigny Alger Stockholder 1 Mar 2017 25% - 50% 1794667
Hilary Miller Alger Stockholder 1 Mar 2017 25% - 50% 1164468
Inc. Alger Associates Indirect parent of applicant 1 Mar 2017 75% - 100% 13-3017981
Inc. Alger Weatherbie Holdings Stockholder 1 Mar 2017 75% - 100% 81-5449061

Based in Boston

The principal office where Weatherbie Capital, LLC performs its advisory services is located at 265 Franklin Street, 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 617-951-2550 or by fax 617-951-2531. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at weatherbiecapital.com and its LinkedIn profile.