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Boston Provident, L.P. (New York)


Boston Provident, L.P. is a large advisory firm based in New York. It manages $234.47 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2009.

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Boston Provident 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.

Boston Provident: assets under management

The assets under management (AUM) of Boston Provident, L.P. is $234.47 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 74% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $234.47 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $58.62 million each.
Boston Provident has custody of $210.55 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Boston Provident, L.P. 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.

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Orin Stuart Kramer Managing member 1 Jun 1992 75% - 100% 5069950
Orin Kramer Managing member 1 Jun 1992 75% - 100% 5069950

Based in New York

The principal office where Boston Provident, L.P. performs its advisory services is located at 717 Fifth Avenue, 12 A, New York, NY 10022, 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 212-421-3737 or by fax 212-421-3939. The normal business hours are 7:00 am - 7:00 pm on Monday - Friday. You can find more information about the New York firm at bprov.com.


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