Jonathan D. Pond, LLC (Newton)

Name: Jonathan D. Pond, LLC
Address: 300 Washington Street; One Gateway Center, Newton, MA, 02458
Telephone: 617-243-0020

Jonathan D. Pond, LLC is a large advisory firm based in Newton. It manages $280.32 million of regulatory assets for 834 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Maryland, Massachusetts, New Hampshire, and 3 other states.

Jonathan D. Pond provides financial planning services, portfolio management for individuals and small businesses, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Jonathan D. Pond: assets under management

The assets under management (AUM) of Jonathan D. Pond, LLC is $280.32 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 256% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $280.32 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $336.11 thousand each.

Jonathan D. Pond has custody of $4.72 million in cash and securities for 14 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 37% of the total AUM. The second-largest asset type is exchange traded securities, which make up 35% of the firm’s portfolio. Investments in cash and cash equivalents form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jonathan D. Pond, LLC for their services and products based on a percentage of assets under management, hourly charges, and subscription fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jonathan D. Pond serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Jonathan D. Pond is high net worth individuals with 93 clients and $244.98 million of assets under management. Among the 7 most similar advisory firms, Jonathan D. Pond has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $280.32 million for 172 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Jonathan D. Pond doesn't advise any private funds.

Careers at Jonathan D. Pond, LLC

The company employs 3 people that are either part- or full-time employees. 33 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 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan Davidson Pond	Managing member/chief compliance officer	1 Jan 1987	75% - 100%	4825202
Erik Werner Thoresen	Chief operating officer	1 Nov 2013	Other	4970284

Based in Newton

The principal office where Jonathan D. Pond, LLC performs its advisory services is located at 300 Washington Street; One Gateway Center, Newton, MA 02458, 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 617-243-0020 or by fax 617-243-0021. The normal business hours are 8:30am-5:30pm on Monday - Friday. You can find more information about the New York firm at jonathanpondllc.com.