Meketa Investment Group Inc (Westwood)

Meketa Investment Group Inc is a large advisory firm based in Westwood. It manages $11.41 billion of regulatory assets for 46 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Illinois, and 3 other states.

Meketa Investment Group provides portfolio management for businesses and institutional clients, pension consulting services, 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.

Meketa Investment Group: assets under management

The assets under management (AUM) of Meketa Investment Group Inc is $11.41 billion. The firm's AUM has grown by 3866792% since the beginning of its operation, and $19.69 million of the total AUM is attributable to clients outside of the United States.

The firm manages $11.06 billion in discretionary accounts and $346.91 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $251.37 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $173.46 million.

Investments

The firm invests in pooled investment vehicles the most. They account for 57% of the total AUM. The second-largest asset type is investment and business development companies, which make up 15% of the firm’s portfolio. Investments in investment grade corporate bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Meketa Investment Group Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 James Edward Meketa serves?

The firm provides services to charitable organizations, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of James Edward Meketa is pension and profit sharing plans with 163 clients and $9.94 billion of assets under management. Among the 10 most similar advisory firms, Meketa Investment Group has the 2nd highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $11.39 billion for 282 clients. None of the firm’s clients are foreign persons or businesses.

Meketa Investment Group doesn't advise any private funds.

Careers at Meketa Investment Group Inc

The company employs 182 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 7 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

James Edward Meketa has been acting as President since 1 Dec 1978. Neil Allen Rue joined the executive team most recently as the Managing Principal.

Direct owners and executive officers

Based in Westwood

The principal office where Meketa Investment Group Inc performs its advisory services is located at 100 Lowder Brook Drive, Westwood, MA 02090 1150, which is also the mailing address of the firm. An additional office of the firm is in Carlsbad, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 781.471.3500 or by fax 781.471.3411. The normal business hours are 8:30 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at and its LinkedIn profile.