Park Street Capital Advisers, L.L.C. (Boston)

Name: Park Street Capital Advisers, L.L.C.
Address: 470 Atlantic Ave, Boston, MA, 02210
Telephone: 617-897-9200

Park Street Capital Advisers, L.L.C. is a large advisory firm based in Boston. It manages $1.53 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdiction of Massachusetts.

Park Street Capital Advisers, L.L.C provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Park Street Capital Advisers, L.L.C: assets under management

The assets under management (AUM) of Park Street Capital Advisers, L.L.C. is $1.53 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 639% since the beginning of its operation, and $68.33 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.53 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $101.82 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Park Street Capital Advisers, L.L.C. 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 Park Street Capital Advisers, L.L.C serves?

The only and largest group of clients of Park Street Capital Advisers, L.L.C is pooled investment vehicles with 15 clients and $1.53 billion of assets under management. Among the 10 most similar advisory firms, Park Street Capital Advisers, L.L.C has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.53 billion for 15 clients. None of the firm’s clients are foreign persons or businesses.

Park Street Capital Advisers, L.L.C also advises several private funds. Namely, fifteen other private funds. The minimum investment commitment required of non-related persons ranges from $15,000 to $50,000.

Careers at Park Street Capital Advisers, L.L.C.

The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. No 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
Kristine Dailey	Director and executive vice president - park street capital, l.l.c. (relying adviser)	1 Feb 2001	Other	2383675
Robert Gary Segel	Member, managing director and president	1 Dec 2001	75% - 100%	418037
Kristine Dailey	Director and executive vice president	1 Dec 2001	Other	2383675
Dorr Buckley Begnal	Director and executive vice president	1 Dec 2001	Other	4360753
Harry Austin Turner	Director and vice president	1 Dec 2001	Other	2123188
Kenneth Gaines Smith	Director and vice president	1 Nov 2002	Other	2605619
Heather Foley	Cfo, coo and treasurer (park street capital advisers, l.l.c. and all relying advisers)	1 Dec 2002	Other	5030391
John Fantozzi	Director and vice president	1 Sep 2005	Other	5102062
Robert Gary Segel	Member, managing director - park street capital ii, l.l.c. (relying adviser)	1 Sep 2006	50% - 75%	418037
Dorr Buckley Begnal	Member, managing director - park street capital ii, l.l.c. (relying adviser)	1 Sep 2006	25% - 50%	4360753
Kristine Dailey	Member, managing director - park street capital ii, l.l.c. (relying adviser)	1 Sep 2006	25% - 50%	2383675
John Fantozzi	Director and vice president - park street capital, l.l.c. (relying adviser)	1 Sep 2006	Other	5102062
Kenneth Gaines Smith	Director and vice president - park street capital, l.l.c. (relying adviser)	1 Sep 2006	Other	2605619
Sascha Ann Rosebush	General counsel and chief compliance officer (park street capital advisers, l.l.c. and all relying advisers)	1 Mar 2011	Other	5907360
Kenneth Gaines Smith	Managing director and vice president	1 Jun 2011	Other	2605619
John Fantozzi	Managing director and vice president	1 Jun 2011	Other	5102062
Kristine Dailey	Member, managing director and executive vice president	1 Jul 2011	25% - 50%	2383675
Dorr Buckley Begnal	Member, managing director and executive vice president	1 Jul 2011	25% - 50%	4360753
Kenneth Gaines Smith	Member, managing director and executive vice president	1 Jul 2011	Other	2605619
John Fantozzi	Member, managing director and executive vice president	1 Jul 2011	Other	5102062
Robert Gary Segel	Member, managing director - park street capital iii, l.l.c. (relying adviser)	1 Sep 2011	25% - 50%	418037
Dorr Buckley Begnal	Member, managing director - park street capital iii, l.l.c. (relying adviser)	1 Sep 2011	25% - 50%	4360753
Kristine Dailey	Member, managing director - park street capital iii, l.l.c. (relying adviser)	1 Sep 2011	25% - 50%	2383675
John Fantozzi	Member, managing director - park street capital iii, l.l.c. (relying adviser)	1 Sep 2011	Other	5102062
Kenneth Gaines Smith	Member, managing director - park street capital iii, l.l.c. (relying adviser)	1 Sep 2011	Other	2605619
L.P. Psc Management	Sole member psc management, l.l.c - relying adviser	1 Jan 2014	75% - 100%	38-3920606
John Fantozzi	Member and managing director	1 Jan 2014	Other	5102062
Kenneth Gaines Smith	Member and managing director	1 Jan 2014	Other	2605619
L.L.C. Psc Management	Sole member (park street capital, l.l.c.; park street capital ii, l.l.c. and park street capital iii, l.l.c -- relying advisers)	1 Jan 2014	75% - 100%	90-1034360

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.L.C. Psc Management Gp	General partner	1 Jan 2014	Other	46-4317294
Robert Gary Segel	Limited partner	1 Jan 2014	25% - 50%	418037
Dorr Buckley Begnal	Limited partner	1 Jan 2014	25% - 50%	4360753
Kristine Dailey	Limited partner	1 Jan 2014	25% - 50%	2383675

Based in Boston

The principal office where Park Street Capital Advisers, L.L.C. performs its advisory services is located at 470 Atlantic Ave, Boston, MA 02210, 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 617-897-9200 or by fax 617-897-9201. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at parkstreetcapital.com.