Tac Partners, Inc. (Boston)

Name: Tac Partners, Inc.
Address: 75 State Street, Boston, MA, 02109
Telephone: 617-345-7200

Tac Partners, Inc. is a large advisory firm based in Boston. It manages $611.05 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of Massachusetts.

Tac Partners 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.

Tac Partners: assets under management

The assets under management (AUM) of Tac Partners, Inc. is $611.05 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -42% since the beginning of its operation, and $3.09 million of the total AUM is attributable to clients outside of the United States.

The firm manages $611.05 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $101.84 million each.

Tac Partners has custody of $611.05 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tac Partners, Inc. for their services and products based on a percentage of assets under management 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.

What kind of clients David Dunbar Croll serves?

The only and largest group of clients of David Dunbar Croll is pooled investment vehicles with 6 clients and $611.05 million of assets under management. Among the 10 most similar advisory firms, Tac Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $611.05 million for 6 clients. None of the firm’s clients are foreign persons or businesses.

Tac Partners also advises several private funds. Namely, six private equity funds. The minimum investment commitment required of non-related persons ranges from $50,000 to $1,000,000.

Careers at Tac Partners, Inc.

The company employs 16 people that are either part- or full-time employees. 63 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.

David Dunbar Croll has been acting as President since 1 Apr 1976. Robert Pierre Savignol joined the executive team most recently as the Executive Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Dunbar Croll	Director	1 Apr 1976	25% - 50%	4347293
James Francis Wade	Director	1 Aug 1982	50% - 75%	5934456
John Winslow Watkins	Executive officer	1 Jan 2004	Other	1198964
John W Watkins	Executive officer	1 Jan 2004	Other	1198964
Edward Joseph Keefe	Chief compliance officer	1 Oct 2004	Other	5934446
Gillis Shanahan Cashman	Executive officer	1 Jan 2008	Other	2773640
Brian Michael Clark	Chief administrative officer, executive officer	1 Jan 2008	Other	4016648
Robert Pierre Savignol	Executive officer	1 Apr 2015	Other	6808787

Based in Boston

The principal office where Tac Partners, Inc. performs its advisory services is located at 75 State Street, Boston, MA 02109, 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 617-345-7200 or by fax 617-345-7201. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at mcpartners.com and its LinkedIn profile.