1. RhumbLine Advisers

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Founded in 1990 by J.D. Nelson, RhumbLine Advisers is the largest minority-owned institutional investment firm in the U.S.  The Boston-based firm manages more than $14.6 billion in assets–down 26% from the previous year.

RhumbLine’s investment team specializes in crafting ultra-conservative  customized index-based strategies. The asset management firm advises approximately 138 clients in diverse industries including public pension funds, endowments, foundations; high net worth private trusts; and nuclear decommissioning trusts.