Entrepreneurshares LLC (Boston)

Name: Entrepreneurshares LLC
Address: 175 Federal Street, Boston, MA, 02110
Telephone: 617-279-0045

Entrepreneurshares LLC is an investment adviser to an investment company based in Boston. It manages $52.91 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Massachusetts.

Entrepreneurshares provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio models provided to uma. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Entrepreneurshares: assets under management

The assets under management (AUM) of Entrepreneurshares LLC is $52.91 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 276% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $52.91 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $26.45 million each.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Entrepreneurshares LLC for their services and products based on a percentage of assets under management. 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 Entrepreneurshares serves?

The only and largest group of clients of Entrepreneurshares is investment companies with 1 clients and $52.29 million of assets under management. Among the 3 most similar advisory firms, Entrepreneurshares has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $52.29 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Entrepreneurshares doesn't advise any private funds.

Careers at Entrepreneurshares LLC

The company employs 8 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There’s a single person 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
Joel Mark Shulman	Managing member	1 Jun 2010	75% - 100%	2267287
David Ryan Cragg	Chief compliance officer	1 Jun 2010	Other	2344003
Pentegra Db Plan For Financial Institutions	Member	1 Apr 2013	25% - 50%	13-5645888
Alissa Hattie Shulman	Cco & cfo	1 Dec 2017	Other	6916089
Jessica Sara Taylor	Chief compliance officer	1 Jan 2019	Other	7085668
Mihai Rares Prisacariu	Chief compliance officer	1 Jun 2019	Other	7134482

Based in Boston

The principal office where Entrepreneurshares LLC performs its advisory services is located at 175 Federal Street, Boston, MA 02110, 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 617-279-0045 or by fax 617-904-1614. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at ershares.com and its LinkedIn profile.