Hedge Fund Database

MARSHFIELD ASSOCIATES

MARSHFIELD ASSOCIATES, INC. Legal Name

Adviser information for MARSHFIELD ASSOCIATES last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Corporation
Fiscal Year End DECEMBER
Legal Location District of Columbia, United States

Employees

Total Number of Employees 24
Investment Advisory/Research 12
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 9
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 1

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 5,241 $6.4B
Non-Discretionary 47 $39.0M
Total 5,288 $6.4B

Clients

Type Number RAUM
Individuals 3,409 $1.2B
HNW Individuals 753 $3.0B
Banking or thrift institutions 0 $0
Investment companies 1 $650.6M
Business development companies 0 $0
Pooled investment vehicles 0 $0
Pension and profit sharing plans 4 $43.4M
Charitable organizations 43 $480.2M
State or municipal gov entities 1 $25.9M
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 1 $917.5M
Corporations or other businesses 5 $108.8M
Other 0 $0
Type Number
No. of Non-RAUM Clients 4
No. of Non-U.S. Clients 1
No. of Financial Planning Clients 0

Services

Advisory Services Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for businesses or institutional clients
Compensation % of AUMPerformance-based fees

Wrap Fee Program

Offers Wrap Fee Program Yes
Acting As RAUM
Sponsor 0
Portfolio Manager 2.6B
Both for Same 0
Portfolio Manager to Program Sponsor
HORIZON PROGRAM STIFEL, NICOLAUS & COMPANY, INCORPORATED
MANAGER SELECT LPL FINANCIAL LLC
MANAGER ACCESS SELECT LPL FINANCIAL LLC
MANAGED ACCOUNT PROGRAM RBC CAPITAL MARKETS, LLC
CONSULTING SOLUTIONS RBC CAPITAL MARKETS, LLC
PRIVATE ADVISOR NETWORK WELLS FARGO ADVISORS
OUTSIDE MANAGERS PROGRAM RAYMOND JAMES & ASSOCIATES, INC.
CLASSIC PROGRAM JANNEY MONTGOMERY SCOTT LLC
MANAGED ACCOUNTS CONSULTING UBS FINANCIAL SERVICES INC.
INVESTMENT MANAGEMENT SERVICES MORGAN STANLEY
TGS FINANCIAL ADVISORS WRAP PROGRAM TGS FINANCIAL ADVISORS

Identifiers

SEC RIA File Number 801-70275
SEC ERA File Number 801-70275
SEC CIK Numbers 914976
SEC CRD Numbers 150614
Legal Entity Identifier 254900J8EVGU4V81HV54

Principal Office

21 DUPONT CIRCLE NW
SUITE 500
WASHINGTON
DC
United States
Monday - Friday, 8:30AM-5PM
Tel: 202-828-6200, Fax: 202-828-6208

Websites

twitter.com/marshfieldinc www.marshfieldinc.com www.marshfieldfunds.com www.linkedin.com/company/marshfield-associates/

Chief Compliance Officer

BRIAN WALKER
GENERAL COUNSEL
21 DUPONT CIRCLE NW
SUITE 500
WASHINGTON
DC
United States
Tel: 202-828-6200
Fax: 202-828-6208
(Full email address available in API data)

Regulatory Contact

JUDY BECKER
PRINCIPAL
21 DUPONT CIRCLE NW
SUITE 500
WASHINGTON
DC
United States
Tel: 202-828-6200
Fax: 202-828-6208
(Full email address available in API data)

Industry Affiliates

None

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
NIEMCZEWSKI, CHRISTOPHER, MARTIN Individual – PRINCIPAL 02/1993 < 5%
STOTT, WILLIAM, GILMORE Individual – PRINCIPAL 02/1993 < 5%
MILLER, CAROLYN, SUE Individual – PRINCIPAL 10/1996 < 5%
HOFFMANN, ELISE, JORDAN Individual – PRINCIPAL 10/1996 < 5%
VINICK, MELISSA Individual – PRINCIPAL 12/1997 10-25%
GOLDBERG, CHAD, ANDREW Individual – PRINCIPAL 07/2012 5-10%
CHRISTOPHER M. NIEMCZEWSKI REVOCABLE TRUST U/A DTD JUNE 6, 2014 Domestic Entity – SHAREHOLDER 06/2014 50-75%
ELISE HOFFMANN REVOCABLE TRUST U/A DTD JUNE 6, 2014 Domestic Entity – SHAREHOLDER 06/2014 10-25%
NIEMCZEWSKI, CHRISTOPHER, MARTIN Individual CHRISTOPHER M. NIEMCZEWSKI REVOCABLE TRUST U/A DTD JUNE 6, 2014 TRUSTEE 06/2014 > 75%
HOFFMANN, ELISE, JORDAN Individual ELISE HOFFMANN REVOCABLE TRUST U/A DTD JUNE 6, 2014 TRUSTEE 06/2014 > 75%
WALKER, BRIAN, EDWARD Individual – GENERAL COUNSEL AND CHIEF COMPLIANCE OFFICER 01/2022 < 5%
BECKER, JUDITH, GOLDEN Individual – PRINCIPAL 03/2023 < 5%

No. Employees, Historic

30150201920202021202220232024202519 on 4/1/201919 on 3/31/202019 on 6/25/202019 on 6/30/202019 on 3/31/202119 on 1/11/202219 on 1/11/202219 on 1/12/202219 on 1/12/202221 on 3/28/202221 on 3/29/202223 on 3/30/202323 on 5/4/202324 on 3/29/2024

RAUM, Historic

7B4B020192020202120222023202420252284602597 on 4/1/20193076465602 on 3/31/20203076465602 on 6/25/20203076465602 on 6/30/20203593899923 on 3/31/20213593899923 on 1/11/20223593899923 on 1/11/20223593899923 on 1/12/20223593899923 on 1/12/20224174772861 on 3/28/20224174772861 on 3/29/20224442901880 on 3/30/20234442901880 on 5/4/20236401521223 on 3/29/2024

No. Clients, Historic

5,0002,500020192020202120222023202420251935 on 4/1/20192334 on 3/31/20202334 on 6/25/20202334 on 6/30/20202756 on 3/31/20212756 on 1/11/20222756 on 1/11/20222756 on 1/12/20222756 on 1/12/20223126 on 3/28/20223126 on 3/29/20224279 on 3/30/20234279 on 5/4/20234217 on 3/29/2024

Holdings

From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
SPDR Ser Tr Bloomberg 1-3 Mo 11M 125K –
Vanguard Scottsdale Fds Short Term Treas 2M 27K –
Wisdomtree Tr Floating Rat Trea 373K 7K –
Arch Capital Group Ltd COM 369M 4M –
AutoZone Inc. COM 500M 169K –
Cummins Inc COM 289M 1M –
Disney (Walt) Company COM 158M 2M –
Domino's Pizza Inc COM 368M 713K –
Expeditors International of Wa COM 226M 2M –
Fastenal Co COM 126M 2M –
Mastercard Inc Class A COM 242M 549K –
Moody's Corp. COM 218M 517K –
NVR Inc COM 248M 33K –
O'Reilly Automotive Inc COM 320M 303K –
Progressive Corp COM 180M 867K –
Ross Stores Inc COM 566M 4M –
Strategic Education Inc COM 201M 2M –
TJX Companies Inc COM 256M 2M –
Visa Inc Cl A COM 243M 926K –