Par Capital Management, Inc. (Boston)

Name: Par Capital Management, Inc.
Address: 200 Clarendon Street, 48 Fl, Boston, MA, 02116
Telephone: 6175268990

Par Capital Management, Inc. is a large advisory firm based in Boston. It manages $5.32 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Massachusetts.

Par Capital Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Par Capital Management: assets under management

The assets under management (AUM) of Par Capital Management, Inc. is $5.32 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 110% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.32 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.32 billion each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Par Capital Management, Inc. 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 Paul Arlington Reeder serves?

The only and largest group of clients of Paul Arlington Reeder is pooled investment vehicles with 1 clients and $5.32 billion of assets under management. Among the 6 most similar advisory firms, Par Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.32 billion for 1 clients. None of the firm’s clients are foreign persons or businesses.

Par Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Par Capital Management, Inc.

The company employs 19 people that are either part- or full-time employees. 58 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.

Paul Arlington Reeder has been acting as President since 1 May 1992. John Matthew Buchanan joined the executive team most recently as the Shareholder/Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Paul Arlington Reeder	Shareholder/president	1 May 1992	25% - 50%	5895708
Paul A. Reeder	Shareholder/president	1 May 1992	25% - 50%	5895708
Frederick Sheldon Downs	Shareholder/vice president	1 Jun 1992	Other	5895711
Arthur George Epker	Shareholder/vice president	1 Jun 1992	Other	1229504
Frederick S Downs	Shareholder/vice president	1 Jun 1992	Other	5895711
Edward Louis Shapiro	Shareholder/vice president	1 Feb 1999	25% - 50%	1559256
Steven Michael Smith	Shareholder / chief operating officer and general counsel	1 Nov 2010	Other	5511603
Julie Gonthier Sarly	Chief compliance officer	1 Feb 2011	Other	5895714
Julie A Sarly	Chief compliance officer	1 Feb 2011	Other	5895714
William David Moeykens	Vice president of finance	1 Jan 2012	Other	5296549
Michael James Tucker	Shareholder/vice president	1 Jan 2014	Other	2683262
Michael J. Tucker	Shareholder/vice president	1 Jan 2014	Other	2683262
Herbert Anselem Frazier	Shareholder/vice president	1 Jan 2015	Other	6460065
John Matthew Buchanan	Shareholder/vice president	1 Jan 2018	Other	4514442

Based in Boston

The principal office where Par Capital Management, Inc. performs its advisory services is located at 200 Clarendon Street, 48 Fl, 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 6175268990 or by fax 617-556-8875. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at parcapital.com.