Constellation Advisers
Constellation Advisers is a New York-based boutique investment management consultancy, founded in 2008, providing co-sourced and outsourced operational and managerial support to asset managers and investment firms through a senior-led, customized engagement model.
- Company typePrivate
- Founded2008
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Constellation Advisers does
Constellation Advisers is a privately held, New York-based boutique investment management consultancy founded in 2008 by co-founders Boris Onefater (CEO) and Greg Farrington (President). The firm specializes in co-sourced and outsourced investment management services, providing operational and managerial support to asset managers and investment firms that need senior-level expertise without building full internal infrastructure. With 11 to 50 employees, Constellation Advisers operates at a deliberately small scale, positioning its boutique model as the primary point of differentiation against larger institutional service providers.
The firm's service model spans two delivery modes: co-sourcing (embedding consultants alongside client teams) and outsourcing (full delegation of operational functions). This dual positioning allows it to serve clients across a spectrum of maturity and resourcing needs, from firms augmenting existing capabilities to those seeking turnkey operational support. The firm remains privately held, and the source data does not disclose product line granularity, technology stack, pricing, or specific customer logos.
Constellation Advisers received investment from TZP Group, a private equity firm focused on business and financial services, in a 2020 funding round (referenced as round 4, with the financial amount undisclosed). The firm has operated continuously since 2008 across the U.S. investment management ecosystem, though the source material does not provide explicit information on revenue, headcount trends, customer concentration, or recent strategic initiatives beyond the TZP investment.
Constellation Advisers firmographics
Firmographics- Name
- Constellation Advisers
- Legal name
- IQ-EQ
- Website
- https://constellationadvisers.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Constellation Advisers is a New York-based boutique investment management consultancy, founded in 2008, providing co-sourced and outsourced operational and managerial support to asset managers and investment firms through a senior-led, customized engagement model.
- Ownership category
- akta.pro rank
Constellation Advisers industry classification
Industry- Product category
- Investment Management Consulting
- NAICS
- Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Institutional Consultants & Fiduciary Management (Investment Consulting) (FSAAAGAJ)
- akta.pro secondary industry
- Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)
Keywords
Where Constellation Advisers is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Constellation Advisers business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Professional Services - Fund Administration: Comprehensive fund administration services including accounting, administration, and middle/back office support for fund managers.
- Professional Services - Asset Servicing: Asset servicing solutions for institutional asset owners including governance, risk management, compliance and reporting.
- Regulatory and Compliance Services: Regulatory compliance services including AIFM services, depositary services, AML and KYC services.
- Corporate Administration Services: Corporate administration, global entity management, SPV management, and trust/foundation administration.
- ESG Services: ESG services including sustainability reporting and ESG consulting for asset owners.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Constellation Advisers product offering
Product offeringCore offering
Constellation Advisers provides co-sourced and outsourced investment management consulting services to investment firms, operating with a boutique firm approach. The firm partners with investment managers to deliver specialized expertise across investment management functions, enabling clients to scale operations and access senior practitioner support without expanding internal headcount.
Product overview
IQ-EQ is a global, top-tier investor services group offering a comprehensive, integrated platform for administration, compliance, and reporting needs. The platform provides a unified suite of services organized across three core segments: Fund and Asset Managers Services (covering hedge funds, private equity, venture capital, real assets, digital assets, private debt, and open-ended funds), Asset Owners Services (serving family offices, sovereign wealth funds, pension and endowments), and Debt, Capital Markets and Corporate Services (including aviation leasing, CLO, securitisation, and SPV management). Supporting these segments are key services including Fund Administration Services, Asset Servicing, Regulatory Compliance Services (AML/KYC/AIFM), IQ-EQ Switch, Data Services, CFO Support Services, Outsourcing, ESG Services, and Technology Services. The offering enables clients to consolidate multiple service needs in one place, providing back and middle office operations support with director-led teams having minimum 20 years experience.
Differentiator
Problem solved
Functional benefit
Products and services
- Co-sourced Investment Management Consulting Boutique consulting engagement in which Constellation Advisers' practitioners work alongside an investment firm's internal team to deliver investment management functions on a shared basis. Targeted at investment firms that need senior practitioner support without fully outsourcing the function.
- Outsourced Investment Management Consulting Fully outsourced consulting engagement in which Constellation Advisers assumes responsibility for specified investment management functions on behalf of the client firm. Designed for investment managers seeking external operational support.
Quantifiable outcome
- Director-led teams with minimum 20 years' experience per senior team member
Companies that use Constellation Advisers
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles1 record
Constellation Advisers technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Constellation Advisers partnerships and signals
Strategic signalScale indicators2 records
Recent moves2 records
Expansion highlights3 records
Constellation Advisers competitors and assessment
Company assessmentBroad incumbents
- Mercer (Investment Consulting): Mercer's investment consulting business is a global incumbent offering OCIO, advisory, and manager research to large institutional clients. It competes with Constellation Advisers for outsourced investment mandates but at materially larger scale and as part of a broader HR/benefits consulting portfolio.
- Aon (Investment Solutions): Aon's investment consulting and OCIO practice serves large institutional asset owners. It overlaps with Constellation Advisers in outsourced investment management but operates as part of a global risk and HR advisory franchise rather than as a pure-play boutique.
- Cambridge Associates: Cambridge Associates is a large, established investment consulting and OCIO firm serving institutional and private client segments. It competes with Constellation Advisers in outsourced portfolio management but at significantly greater scale and broader scope, including private investment research.
- Russell Investments: Russell Investments is an established global OCIO and investment solutions provider. It competes with Constellation Advisers for outsourced portfolio mandates but pairs consulting with multi-asset implementation capabilities that are well beyond a boutique firm's scale.
Emerging players
- StepStone Group: StepStone provides investment advisory and OCIO services with a particular focus on private markets. While more specialized in private market solutions, it overlaps with Constellation Advisers in outsourced portfolio construction and institutional advisory.
- Lions Head Investment Partners: Lions Head is a smaller investment consulting and OCIO firm serving institutional clients. It is comparable to Constellation Advisers in scale and boutique positioning, and competes for similar co-sourced and outsourced investment mandates.
- Capstone LLC: Capstone provides investment advisory and OCIO services, often to smaller institutional clients and family offices. Its mid-sized, advisor-led model is comparable to Constellation Advisers' boutique co-sourced/outsourced investment management offering.
Direct peers
- Verus: Verus is an independent investment consulting firm providing OCIO, manager research, and portfolio advisory services. Its mid-sized, consulting-led model with deep OCIO capabilities directly parallels Constellation Advisers' co-sourced/outsourced investment management positioning.
- NEPC: NEPC is one of the larger independent investment consulting firms, providing investment advisory, OCIO, and research services to institutional investors. It is a direct competitor in outsourced investment management consulting, with a comparable client base of pensions, endowments, and foundations.
- Meketa Investment Group: Meketa is a privately held, employee-owned investment consulting and OCIO firm serving institutional clients. Like Constellation Advisers, it operates a boutique, senior-staffed model focused on outsourced investment management consulting, and competes directly for the same mid-sized institutional and public plan mandates.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat3 records
Key risks4 records
Key highlights5 records
Customer concentration
Constellation Advisers social profiles
Digital presenceConstellation Advisers financial estimates
Financial estimateRevenue estimate
Valuation estimate
Constellation Advisers leadership team
Management profileNumber of profiles
Profiles2 records
Constellation Advisers subsidiaries and ownership
Company hierarchySubsidiaries11 records
Constellation Advisers funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Constellation Advisers M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Constellation Advisers
What does Constellation Advisers do?
Constellation Advisers provides co-sourced and outsourced investment management consulting services to investment firms, operating with a boutique firm approach. The firm partners with investment managers to deliver specialized expertise across investment management functions, enabling clients to scale operations and access senior practitioner support without expanding internal headcount.
Is Constellation Advisers a public or private company?
Constellation Advisers is a private company. It is classified as private equity controlled and is currently operating.
When was Constellation Advisers founded?
Constellation Advisers was founded in 2008. It employs 11 to 50 people.
Where is Constellation Advisers based?
Constellation Advisers is headquartered in New York, United States, in the North America region.
How does Constellation Advisers make money?
Five revenue lines are on record. Professional Services - Fund Administration is the primary driver. The others are professional Services - Asset Servicing, regulatory and Compliance Services, corporate Administration Services and ESG Services.
Who are Constellation Advisers's main competitors?
Broad incumbents on record are Mercer (Investment Consulting), Aon (Investment Solutions), Cambridge Associates and Russell Investments. Emerging players are StepStone Group, Lions Head Investment Partners and Capstone LLC. Direct peers are Verus, NEPC and Meketa Investment Group.
Does Constellation Advisers have an API?
No public API is recorded for Constellation Advisers.
What industry is Constellation Advisers in?
Constellation Advisers's product category is Investment Management Consulting. Its primary akta.pro industry code is FSAAAGAJ, Institutional Consultants & Fiduciary Management (Investment Consulting), with a secondary code of FSAAABAD, Advisory Portfolio Management (Non-Discretionary). Its NAICS code is 52394 and its SIC code is 6282.