WELLINGTON MANAGEMENT GROUP LLP

Wellington Management Group LLP is a privately owned investment manager that was founded in 1928 by Walter Morgan, who established the first balanced mutual fund in the United States. Although hit hard by the stock market crash just a year later, the company slowly grew. In the 1960s, four talented individuals – W. Nicholas Thorndike, Robert Doran, Stephen Paine, and George Lewis – took leadership roles. They refocused the business and turned Wellington Management Group into a privately owned company by 1979, bringing back 29 of the original partners. After its first international office in London in 1983, the firm began to aggressively expand its international offices, opening in Singapore in 1996, Tokyo and Sydney in 1997, Hong Kong in 2003, and Beijing in 2007. Wellington Management Group utilizes a great deal of quantitative analysis and various stock picking approaches to make its investments, conducting in-house research and ensuring that its investments are placed in diversified sectors. Although its products and services are diverse, the firm focuses on investment management to maintain its focus on taking care of its clients. Today Wellington Management Group has over $900 billion total assets under management from over 2000 clients. It has expanded to 12 offices worldwide that provide service to the 50+ countries that clients come from. The firm currently employs almost 600 investment professionals who provide over 200 investment approaches to clients. The current CEO Brendan Swords believes in maintaining a “small-company feel of an independent, privately held partnership” while fully utilizing the resources that are available to an investment manager company of its size. Wellington Management Group has maintained a focus on creating an open, collaborative environment and conducting research through fundamental, quantitative, macroeconomic, and technical lenses in order to create a structure that is able to expertly provide “solutions tailored to each client’s circumstances.”