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Standish Mellon Asset Management Company LLC (Boston)


Standish Mellon Asset Management Company LLC is a large advisory firm based in Boston. It manages $130.23 billion of regulatory assets for 1,742 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

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Standish Mellon Asset Management Company provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, publication of newsletters, and credit research. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Standish Mellon Asset Management Company: assets under management

The assets under management (AUM) of Standish Mellon Asset Management Company LLC is $130.23 billion. The firm's AUM has grown by 227% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $126.31 billion in discretionary accounts and $3.92 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $73.4 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $186.44 million.

Investments

The firm invests in government bonds the most. They account for 24% of the total AUM. The second-largest asset type is other assets, which make up 20% of the firm’s portfolio. Investments in state and local bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Standish Mellon Asset Management Company LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ronald Philip O'hanley serves?

The firm provides services to insurance companies, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, banking or thrift institutions, business development companies, 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 Ronald Philip O'hanley is pension and profit sharing plans with 119 clients and $44.16 billion of assets under management. Among the 7 most similar advisory firms, Standish Mellon Asset Management Company has the highest percentage of pension and profit sharing plans out of all clients.


The amount of regulatory assets under management is $130.02 billion for 395 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Standish Mellon Asset Management Company doesn't advise any private funds.

Careers at Standish Mellon Asset Management Company LLC

The company employs 158 people that are either part- or full-time employees. 70 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 12 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 receive compensation from other entities for client referrals.

Ronald Philip O'hanley has been acting as President since 1 Jul 2001. David Antonio Daglio joined the executive team most recently as the Board Member.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Edward Homer Ladd Chairman emeritus of standish, board member 1 Jul 2001 Other 4299449
Standish Mellon Asset Management Holdings Llc Sole owner 1 Jul 2001 75% - 100% ?
Richard Sands Wood Vice chairman and director 1 Jul 2001 Other 2079535
Thomas Peter Sorbo Vice chairman and director 1 Jul 2001 Other 1269766
Beverly Emma Banfield Chief compliance officer 1 Jul 2001 Other 1016575
Ronald Philip O'hanley Director 1 Jul 2001 Other 4331592
John Joseph Nagoniak Director 1 Jul 2001 Other 4334095
James Milton Gockley Director 1 Jul 2001 Other 2791166
Jeffrey P Howkins Director 1 Jul 2001 Other 4435255
John Joseph Nagorniak Board manager 1 Jul 2001 Other 4334095
Stephen Robert Burke Vice chairman and director 1 Oct 2001 Other 1054623
William Folwell Adam Board manager 1 Nov 2002 Other 4334099
Patrick James Sheppard Board manager 1 Nov 2002 Other 1779929
Mam (Ma) Holding Trust Formerly Known As Fixed Income (Ma) Trust Sole owner 1 Jul 2003 75% - 100% 86-1067827
Steven Lipiner Treasurer 1 Jul 2003 Other 1707823
Fixed Income (Ma) Trust Sole owner 1 Jul 2003 75% - 100% 86-1067827
Stephen Edward Canter Board manager 1 Jul 2003 Other 1837432
Guy Andrew Hudson Board manager 1 Jul 2003 Other 4432332
Robert Mccormish Board manager, executive vice president, director of new product development, executive management committee member 1 Jul 2003 Other 1976545
Alexander Clemens Huberts Chief investment officer, executive vice president, executive management committee member 1 Jul 2003 Other 2345952
Jennifer Alice Pline Executive management committee member, sr. vice president 1 Jul 2003 Other 2092548
Laurie Ann Carroll Executive management committee member, sr. vice president 1 Nov 2003 Other 1047946
Jan Francis Jumet Director of compliance & administration; secretary 1 Dec 2003 Other 4364002
Francis David Antin Board member 1 Jun 2004 Other 4333847
Mitchell Evan Harris Chief executive officer, board member, executive management committee member 1 Oct 2004 Other 4359464
Mitchell Evan Harris Board member, trustee of sole owner 1 Feb 2005 Other 4359464
James Desmond Mac Intyre Chairman and chief executive officer, board member 1 Feb 2005 Other 4739791
Laurie Ann Carroll Sr. vice president, executive management committee member 1 Apr 2005 Other 1047946
Mitchell Evan Harris Chief executive officer, chairman, board member, executive management committee member 1 Apr 2005 Other 4359464
James Desmond Mac Intyre Chief operating officer, chief compliance officer, secretary, executive management committee member 1 Apr 2005 Other 4739791
Kristie Anna Kraeuter Chief compliance officer 1 Aug 2005 Other 4707771
Scott Edward Wennerholm Board memeber 1 Oct 2005 Other 2398744
Christine Veronica Downton Board member 1 Oct 2005 Other 1610810
Kristie Anna Kraeuter Chief risk officer 1 Feb 2006 Other 4707771
Kelly Lane Mahoney Chief compliance officer 1 Feb 2006 Other 4608062
Corey Anthony Griffin Board member 1 Mar 2006 Other 4333862
Phillip Nicholas Maisano Board member 1 Dec 2006 Other 317558
Brian Flaherty Chief operating officer 1 Jan 2008 Other 5510117
John Michael Little Board member 1 Mar 2008 Other 5504070
Alex Brian Over Director of sales, marketing and consultant relations, board member 1 Mar 2008 Other 5504083
Alexander Brian Over Managing director of sales, marketing and consultant relations, board member 1 Mar 2008 Other 5504083
John Archibald Parks Trustee of sole owner 1 Aug 2008 Other 5654992
Julia Braithwaite Chief compliance officer, secretary 1 Mar 2010 Other 5769405
Charles Patrick Dolan Board member 1 Apr 2011 Other 4359535
Christine Hegenbart Lee Todd President, board member 1 Jan 2012 Other 1884665
Cynthia Fryer Steer Board member 1 May 2012 Other 6091487
Michael Andrew Faloon Chief operating officer 1 Jan 2013 Other 3221621
Mark David Santero Board member 1 Sep 2014 Other 1148011
Kurtis Kurimsky Trustee of sole owner 1 Apr 2015 Other 5510300
David C Leduc Chief executive officer, chief investment officer, board member 1 Aug 2015 Other 2704353
Joseph Patrick Gennaco Board member, trustee of sole owner 1 Jul 2016 Other 1710391
Gregory Allan Brisk Board member, trustee of sole owner 1 Jul 2016 Other 5859270
Mam (Ma) Holdings Llc Sole owner 1 Mar 2017 75% - 100% 13-2614959
Amy Elizabeth Koch Chief administrative officer 1 Mar 2017 Other 3167010
David Antonio Daglio Board member 1 Oct 2017 Other 4588634
Michael Anthony Germano Board member 1 Oct 2017 Other 6368825
Adam Brett Joffe Board member 1 Oct 2017 Other 2413671
Jamie William Lewin Board member 1 Oct 2017 Other 6182484
Linda Tung Lillard Board member 1 Oct 2017 Other 4470322
Thomas Loeb Board member 1 Oct 2017 Other 2280443
James Desmond Mac Intyre Board member 1 Oct 2017 Other 4739791
Matthew John Oomen Board member 1 Oct 2017 Other 6638089
Alexander Brian Over Board member 1 Oct 2017 Other 5504083
Gabriela Franco Parcella Board member 1 Oct 2017 Other 4395858
Jeff Jianfeng Zhang Board member 1 Oct 2017 Other 2773740

Indirect Owners

The SEC currently registers 9 indirect owners.

Name Entity Date acquired Ownership Employer ID
Mellon Financial Corporation Sole owner 1 Jul 2001 75% - 100% 25-1233834
Mellon Financial Corporation Partial owner 1 Jul 2003 25% - 50% 25-1233834
Fixed Income (De) Trust Partial owner 1 Jul 2003 75% - 100% 86-1067827
Formerly Known As Fixed Income (De) Trust Mam (De) Trust Partial owner 1 Jul 2003 75% - 100% 86-1067823
Formerly Known As Fixed Income (Ma) Trust Mam (Ma) Holding Trust Sole owner 1 Jul 2003 75% - 100% 86-1067827
The Bank Of New York Mellon Sole owner 1 Jul 2003 75% - 100% 25-1233834
Bny Mellon Corporation Partial owner 1 Jul 2003 Other 13-2614959
Inc) The Bank Of New York Mellon Corporation(Successor To Merger Of Mellon Financial Corporation & The Bank Of New York Company Sole owner 1 Jul 2007 75% - 100% 13-2614959
Mbc Investments Corporation Indirect owner 1 Mar 2017 75% - 100% 51-0301132

Based in Boston

The principal office where Standish Mellon Asset Management Company LLC performs its advisory services is located at Bny Mellon Center, Boston, MA 02108 4408, which is also the mailing address of the firm. An additional office of the firm is in Pittsburgh, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-248-6000 or by fax 617-248-6050. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at standish.com.


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