Equity Resource Investments, LLC (Cambridge)

Name: Equity Resource Investments, LLC
Address: 1280 Massachusetts Ave, Cambridge, MA, 02138
Telephone: 617-876-4800

Equity Resource Investments, LLC is a large advisory firm based in Cambridge. It manages $1.22 billion of regulatory assets for 103 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Massachusetts.

Equity Resource Investments 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.

Equity Resource Investments: assets under management

The assets under management (AUM) of Equity Resource Investments, LLC is $1.22 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 233% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.22 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $11.89 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Equity Resource Investments, LLC for their services and products based on 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 Equity Resource Investments serves?

The only and largest group of clients of Equity Resource Investments is pooled investment vehicles with 103 clients and $1.22 billion of assets under management. Among the 5 most similar advisory firms, Equity Resource Investments has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.22 billion for 103 clients. None of the firm’s clients are foreign persons or businesses.

Equity Resource Investments also advises several private funds. Namely, eighty real estate funds, one private equity fund, and one securitized asset fund. The minimum investment commitment required of non-related persons ranges from $0 to $250,000.

Careers at Equity Resource Investments, LLC

The company employs 19 people that are either part- or full-time employees. 84 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
Eggert Dagbjartsson	Managing member	1 Oct 2002	25% - 50%	1775759
James Earl Brooks	Member	1 Oct 2002	Other	1572854
Mark Smith Thompson	Member	1 Oct 2002	Other	1572857
Victor J Paci	Managing member	1 May 2005	25% - 50%	6026896
Richard J Zeckhauser	Member	1 Mar 2008	Other	6027685
Douglas Fraser Maclean	Chief compliance officer	1 Apr 2012	Other	5776021
Robert Porcelli	Chief compliance officer	1 Mar 2013	Other	6170519

Based in Cambridge

The principal office where Equity Resource Investments, LLC performs its advisory services is located at 1280 Massachusetts Ave, Cambridge, MA 02138, 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 617-876-4800 or by fax 617-876-7616. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at equityresources.com.