Wellington Management Company Llp

CRD#106595
Investment Advisor Firm

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Learn more about Wellington Management Company Llp

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Wellington Management Company LLP is located at 280 Congress Street, Boston, MA. The firm employs 541 financial advisors to manage client portfolios and provide financial guidance. Wellington Management Company LLP is not a registered broker-dealer.

    Wellington Management Company LLP oversees $1.3 trillion in assets under management across 1,559 accounts, of which 1,511 are discretionary and 48 are non-discretionary. The services offered include portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for institutional clients. The firm caters to a diverse range of investors, including banking institutions, investment companies, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, other investment advisers, insurance companies, sovereign wealth funds, and corporations. The fee structure at Wellington Management Company LLP includes asset-based, fixed, and performance-based fees. The largest client type by accounts is pooled investment vehicles. The firm maintains affiliations with a broker-dealer or securities dealer, a trust company, and a commodity pool advisor.

    Wellington Management Company LLP is registered in the states of Arizona, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington, and Wisconsin.

    Assets Under Management

    $1.3 trillion

    Number of Advisors

    541

    Disclosures

    No

    Office Location

    280 Congress Street
    Boston, MA 02210

    Wellington Management Company Llp by the Numbers

    Total Assets Under Management

    $1.3 trillion

    National Average: $8.6 billion
    Total Number of Employees

    2,021

    National Average: 64
    Total Number of Accounts

    1,559

    National Average: 375,227
    Average Account Size

    $822.8 million

    National Average: $23.0 thousand
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    Fee Structure

    Financial advisory fees largely depend on which services the firm provides the client. Fees charged by Wellington Management Company Llp most likely consist of some combination of the following fee types: asset-based, fixed, or performance-based. The company does participate in a wrap fee program, in which the company offers a bundle of services for a comprehensive fee.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 26% of firms

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    The company does business with a number of different clients. The firm provides services to banking institutions, investment companies, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, other investment advisers, insurance companies, sovereign wealth funds, corporations, and other. Out of its 11 clients, Wellington Management Company Llp's largest client type by number of accounts is investment companies.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 95.34%
    • Charitable Organizations - 4.66%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Wellington Management Company Llp does not have any disclosures.

    Please visit its Form ADV for more details.

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