Boston is one of the top financial centers in the US and home to many prestigious investment management firms. With a educated talent pool and proximity to top universities like MIT and Harvard, Boston has cultivated a vibrant investment community over the years. Here is an overview of some of the top investment firms in the Boston area.
Wellington Management is Boston based investment firm managing over $1 trillion in assets
Founded in 1928, Wellington Management is one of the oldest and largest private investment management firms in Boston area. With over $1 trillion in client assets under management, Wellington offers services like equity, fixed income, multi-asset, alternative investments across a range of vehicles. It serves clients ranging from sovereign wealth funds to individuals worldwide.
Fidelity Investments HQ based in Boston, a leading provider in workplace savings plans
Headquartered in Boston, Fidelity Investments is financial giant serving over 35 million individuals. It has over $11 trillion assets under administration. Fidelity Investments offers services including mutual funds, 401k plans, wealth management and trading platforms. It’s one of the largest providers of workplace savings plans in the US.
Putnam Investments a privately owned investment firm manages $200B in assets
Established in 1937, Putnam Investments provides investment management servives to individuals and institutions. It manages about $200 billion in assets across equities, fixed income securities, alternative investments and multi-asset strategies. Putnam is a privately owned firm headquartered in Boston that is majority owned by Great-West Lifeco U.S.
Boston Partners known for value-oriented investment approach manages $75B
Boston Partners is a investment firm specializing in value investing across all market capitalizations. With around $75 billion in assets under management, it serves a global mix of clients including pension funds, financial institutions, endowments among others. Boston Partners utilizes fundamental analysis approach aiming to achieve superior long-term results.
GMO LLC offering quantitative investment strategies founded in Boston
GMO LLC is an investment management firm offering quantitative-based investment strategies across global equities, fixed income and multi-asset classes. Founded in 1977 and headquartered in Boston, GMO manages over $60 billion in client assets. GMO utilizes in-house research expertise aiming to deliver superior risk-adjusted returns over the long run.
In summary, the Boston metro area is home to many top investment management firms managing trillions in client assets like Wellington, Fidelity, Putnam, Boston Partners and GMO. The educated workforce and proximity to top universities contribute to Boston’s strength as a premier destination for investment management sector.