MAD RIVER INVESTORS

RIASEC RegisteredEst. 2004
Total AUM
$404M
Discretionary
$404M
100% of AUM
Avg account
$2.9M
Accounts
140
Employees
6
Advisory reps
4

Firm details

Headquarters
BOSTON, Massachusetts
CRD number
130585
Registered since
April 22, 2004
Custodians
FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Performance Based Fees
Client types
  • HNWI66.71%
  • Pooled Investment Vehicles17.27%
  • Corporations / Businesses6.55%
  • Pension & Profit Sharing Plans4.83%
  • Individuals4.63%
Services
Portfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

MAD River Investors operates as a multi-strategy manager that combines concentrated public equity positions with pooled-vehicle and hedge fund activity. The firm manages client capital for individuals, families and institutions and charges a mix of asset-based fees plus performance fees. Its advisory scope includes separate account portfolio management, management of pooled investment vehicles and the selection of third‑party advisers. MAD River Investors is also active as a CPO/CTA, which signals involvement in commodity and futures trading or managed-pool strategies alongside its equity work. The firm does not position itself as an ESG-focused allocator. The manager shows a clear preference for exchange‑traded equities as the principal liquidity sleeve of client portfolios, while supplementing public holdings with private fund vehicles and alternative exposures. The presence of both hedge fund and private equity vehicles under management indicates a blended approach between long‑term private allocations and more tactical, performance‑seeking strategies in its hedge funds.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 80%, Private Funds 19%, Cash & Cash Equivalents 1%80%
  • Exchange Traded Equities80%
  • Private Funds19%
  • Cash & Cash Equivalents1%

Owners & executives

2 of 2
  • STEPHEN CARLUCCIO

    Chief Operating Officer & General CounselCRD 4754644

  • RICHARD SILVER

    CEOCRD 1216012

Contacts

2 of 2
  • Michael Gagne

    PrincipalCRD 8020557

  • JOSHUA STEWART

    Portfolio Manager, Managing DirectorCRD 3096378

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 4

Active vs passive

$26.2M in ETFs

Passive

99%

$26M

Active

0%

$210K

ETFProviderStyleCategoryValueShares% of portfolio
GRAYSCALE BITCOIN TRUST ETF (GBTC)GrayscalePassiveDigital Assets$19M360,13972.55%

Location

Primary office

BOSTON, MA

SUFFOLK

Location

BOSTON, MA

Headquartered in BOSTON, MA, anchoring the Boston-Worcester-Providence, MA-RI-NH-CT metro in the Northeast.

Metro area
Boston-Worcester-Providence, MA-RI-NH-CT
Region
Northeast
County
SUFFOLK
Address
84 State St
Time zone
ET (UTC-5)
Office locations

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth