Founded in 1928, Wellington Management Company is an investment managing firm headquartered in Boston, Massachusetts. The firm provides services to high net worth individuals, banking and thrift institutions, pension and profit-sharing plans, endowment and foundations, insurers, intermediaries and wealth managers, state and municipal government entities, charitable organizations, family offices, and consultants. The firm invests in growth and value stocks of small-cap, mid-cap, and large-cap companies. It launches and manages equity, fixed income, balanced mutual funds and hedge funds for its clients.