Mellon Hedge Advisors, LLC (Boston)

Mellon Hedge Advisors, LLC is a large advisory firm based in Boston. It manages $195 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2004.

Mellon Hedge Advisors provides portfolio management for investment companies and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mellon Hedge Advisors: assets under management

The assets under management (AUM) of Mellon Hedge Advisors, LLC is $195 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $195 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $195 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Mellon Hedge Advisors, 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 Lawrence Hughes serves?

The only and largest group of clients of Lawrence Hughes is investment companies with 1 clients and $195 million of assets under management. Among the 5 most similar advisory firms, Mellon Hedge Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $195 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Mellon Hedge Advisors doesn't advise any private funds.

Careers at Mellon Hedge Advisors, LLC

The company employs 11 people that are either part- or full-time employees. 55 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.

Lawrence Hughes has been acting as President since 1 Oct 2004. Allison Diana Heilborn joined the executive team most recently as the Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
National Association Mellon Trust Of New England	Trustee	1 Jul 2004	Other	04-1107280
Ridgway Hunter Powell	Vp-chair of investment committee	1 Oct 2004	Other	2719317
Lawrence Paul Keblusek	Senior vice president	1 Oct 2004	Other	2367127
Terry Sylvester Charron	Vice president	1 Oct 2004	Other	4885937
Lawrence Hughes	President	1 Oct 2004	Other	4598763
Equity (Ma) Trust	Owner	1 Oct 2004	75% - 100%	20-1428181
Nicolas Ettore Medina	Chief compliance officer	1 Nov 2004	Other	2413385
Juan Carlos Morales	Treasurer	1 Feb 2005	Other	4972855
Katherine Macbeth Cain	Chief compliance officer	1 May 2005	Other	3178620
Mary Ann O'hara	Chief operating officer	1 May 2005	Other	4970822
David Kent Mossman	Chief operating officer	1 Jan 2006	Other	2503983
Mam (Ma) Holding Trust	Sole member	1 Dec 2006	75% - 100%	86-1067827
The Bank Of New York Mellon Corporation	Sole member	1 Dec 2006	75% - 100%	86-1067827
Fixed Income (Ma) Trust (Fimat)	Sole member	1 Dec 2006	75% - 100%	86-1067827
Leo P. Grohowski	President & sole manager	1 Jun 2010	Other	4359380
Atul Varma	Treasurer	1 Oct 2010	Other	5054638
Scott Jeffrey Barber	Chief compliance officer	1 May 2014	Other	2149866
George Robert Bristow	Chief compliance officer	1 Sep 2014	Other	1187520
Renee Michelle Laroche Morris	Treasurer	1 Oct 2014	Other	4874458
Anthony Joseph Mastrocola	Vp - chair of investment committee	1 Apr 2015	Other	6477539
Ted Allen Berenblum	Chief operating officer	1 Jul 2015	Other	1061206
Allison Diana Heilborn	Treasurer	1 May 2018	Other	5689550

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mellon Financial Corporation	Owner	1 Dec 2000	75% - 100%	25-1233834
Equity (De) Trust 1	Owner	1 Jul 2004	75% - 100%	20-1428198
National Association Mellon Trust Of Delaware	Trustee	1 Jul 2004	Other	02-0666903
National Association Mellon Trust Of New England	Owner	1 Aug 2004	75% - 100%	04-1107280
Fixed Income (De) Trust (Fidet)	Indirect owner	1 Dec 2006	25% - 50%	86-1067823
Mam (De) Trust	Indirect owner	1 Dec 2006	25% - 50%	86-1067823
The Bank Of New York Mellon Corporation	Shareholder	1 Jul 2007	75% - 100%	13-2614959

Based in Boston

The principal office where Mellon Hedge Advisors, LLC performs its advisory services is located at Bny Mellon Center, Boston, MA 02108 4407, 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 617 722 7018 or by fax 617 722 7367. The normal business hours are 8:30am to 5:00pm, et on Monday - Friday.