Asset ManagerRIA · CRD 313945SEC-RegisteredPrivate Fund Adviser

Updated:

Bench

Bench is an SEC-registered investment adviser in Boca Raton, FL, registered since 2022.

Bench logo

Bench

Bench is an SEC-registered investment adviser in Boca Raton, FL, registered since 2022. The firm manages $708 million in assets, with $514 million on a discretionary basis. It has 15 employees and 13 investment advisers.

General information

Firm type

Asset Manager

Year founded

2012

AUM

Undisclosed

Location

Region

North America

Country

Canada

City

Boca Raton

Corporate office

Vancouver, BC, Canada

Principals

Ian Crosby

Co-Founder

Jordan Menashy

Co-Founder

Sector focus

Enterprise SoftwareFinTech

Frequently asked questions

How does Bench source and retain its bookkeeping workforce?

Bench employs its bookkeepers directly as salaried professionals and organizes them into dedicated, client-facing teams. The firm's operations are primarily run out of Vancouver, BC, where it has centralized its engineering, product, and bookkeeping delivery functions. This in-house, cross-border employment structure distinguishes the model from marketplace platforms that rely on independent contractors, creating a more controllable and consistent client experience.

Is Bench a family office or an asset manager deploying capital into companies?

Bench is neither. It is an operating company providing bookkeeping and tax services to small businesses. The firm has raised venture capital to fund its own operations, most recently closing a $60 million Series C in 2021, but it does not manage third-party capital or maintain an investment portfolio.

What is Bench's geographic coverage for clients and operations?

As of mid-2026, Bench exclusively serves small business owners based in the United States. Its operational headquarters and primary product delivery center are located in Vancouver, British Columbia, Canada, a structure that pairs a Canadian cost base with a U.S. client base. The company has not disclosed additional office locations.

Who runs Bench day to day, and how has the leadership evolved?

Bench was co-founded by Ian Crosby and Jordan Menashy, who led the company through its TechStars accelerator acceptance in 2012 and the subsequent relocation to Vancouver. In late 2021, coinciding with the Series C raise, Jean-Philippe Durrios was appointed Chief Executive Officer to scale the company into the tax advisory segment, while the founders remained active in senior roles until their respective departures in subsequent years. As of early 2024, Bench appointed a new CEO to lead the integration of its tax services following a period of operational restructuring.

Does Bench participate in co-investments or operate philanthropic structures?

No. Bench is a venture-backed operating company, not an investment firm, and it maintains no disclosed philanthropic foundation, donor-advised fund, or co-investment vehicle. The firm's entire capital activity consists of raising equity to fund its own product development, marketing, and service delivery operations.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on registered investment advisers?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

Browse by category

More Boca Raton Asset Manager profiles