Lee Munder Capital Group, LLC (Boston)

Lee Munder Capital Group, LLC is a large advisory firm based in Boston. It manages $5.96 billion of regulatory assets for 2,137 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Lee Munder Capital Group 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.

Lee Munder Capital Group: assets under management

The assets under management (AUM) of Lee Munder Capital Group, LLC is $5.96 billion. The firm's AUM has grown by 52% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.83 billion in discretionary accounts and $131.73 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.9 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $205.83 thousand.

Lee Munder Capital Group has custody of $331.82 million in cash and securities for 172 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lee Munder Capital Group, 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.

Careers at Lee Munder Capital Group, LLC

Jeffrey Parker Davis has served as the Chief Investment Officer since 1 Jul 2009. Richard Scott Gershen joined the executive team most recently as the Board Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lp Lee Munder Capital Group	Member	1 May 2009	50% - 75%	52-2249333
Lee Munder Investments Ltd.	Member	1 May 2009	50% - 75%	108440
Iii Joseph F Tower	Chief compliance officer	1 May 2009	Other	2489335
Jeffrey Parker Davis	Chief investment officer	1 Jul 2009	Other	2083043
Kenneth Leslie Swan	President, chief executive officer, board member	1 Jul 2009	Other	4875165
Llc Convergent Capital Management	Member	1 Jul 2009	50% - 75%	34-1975129
Richard Howard Adler	Board member	1 Jul 2009	Other	2102059
Jon Cowell Hunt	Board member	1 Jul 2009	Other	2452038
William Jay Freeman	Board member	1 Jul 2009	Other	4650630
Lee Paul Munder	Board member	1 Jul 2009	Other	2042028
R Todd Vingers	Board member	1 Jul 2009	Other	2556035
Lp Rednum Family Investments	Member	1 Jul 2009	25% - 50%	65-1065369
Richard Scott Gershen	Board member	1 Nov 2011	Other	2192421

Indirect Owners

The SEC currently registers 14 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Lee Munder Capital Group	General partner	1 May 2000	Other	52-2249331
Lee Paul Munder	Owner	1 May 2000	75% - 100%	2042028
Llc Lee Munder Investments	General partner	1 May 2000	Other	65-0985322
Lp Lee Munder Capital Group	Owner	1 May 2000	75% - 100%	52-2249333
Lp Rednum Family Investments	Limited partner	1 Aug 2000	25% - 50%	65-1065369
Lee Paul Munder	Principal owner	1 Aug 2000	75% - 100%	2042028
Llc Castanea Family Investments	Limited partner	1 Mar 2002	Other	33-0997265
Llc Castanea Family Holdings	Limited partner	1 Mar 2002	Other	02-0548737
Robert Alan Smith	Member	1 Mar 2002	25% - 50%	4521393
Brian Jonathan Knez	Member	1 Mar 2002	25% - 50%	4521397
Philip Smith Trust	Owner	1 Mar 2002	75% - 100%	04-6065280
Nancy L Marks	Trustee	1 Mar 2002	Other	4521408
Richard A Smith	Trustee	1 Mar 2002	Other	4521410
City National Corporation	Member	1 Jul 2009	75% - 100%	95-2568550

Based in Boston

The principal office where Lee Munder Capital Group, LLC performs its advisory services is located at 200 Clarendon St., Boston, MA 02116, 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 617-380-5600 or by fax 617-380-5598. The normal business hours are 9 am to 5 pm on Monday - Friday.