Impresa Management LLC is a large advisory firm based in Boston. It manages $9.11 billion of regulatory assets for 46 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Massachusetts.
Impresa Management provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and portfolio management of employees' securities companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Impresa Management LLC is $9.11 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 379% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Impresa Management LLC 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.
The only and largest group of clients of Paul L. (Mi Only) Mucci is pooled investment vehicles with 45 clients and $8.83 billion of assets under management. Among the 11 most similar advisory firms, Impresa Management has the 5th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $8.83 billion for 45 clients. 2% of the firm’s clients are foreign persons or businesses.
Impresa Management also advises several private funds. Namely, six private equity funds and twenty four venture capital funds.
The company employs 39 people that are either part- or full-time employees. 95 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 L. (Mi Only) Mucci has been acting as President since 1 Jul 2013. Steven Franklin Schiffman joined the executive team most recently as the Chief Financial Officer.
The principal office where Impresa Management LLC performs its advisory services is located at 255 State Street, Boston, MA 02110 The mailing address of the firm is 245 Summer St, Q9 B, Boston, MA 02210. An additional office of the firm is in Cambridge, MA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 617-392-0785 or by fax NA. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.