Lehman Brothers Asset Management LLC (Chicago)

Lehman Brothers Asset Management LLC is a large advisory firm based in Chicago. It manages $73.46 billion of regulatory assets for 7,656 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Lehman Brothers Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lehman Brothers Asset Management: assets under management

The assets under management (AUM) of Lehman Brothers Asset Management LLC is $73.46 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 66% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $73.46 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $9.59 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lehman Brothers Asset Management LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Lehman Brothers Asset Management LLC

Richard William Knee has been acting as President since 1 Jan 2003. Llc Nbsh Acquisition joined the executive team most recently as the Member.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 3 indirect owners.

Based in Chicago

The principal office where Lehman Brothers Asset Management LLC performs its advisory services is located at 190 South Lasalle Street, Chicago, IL 60603, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 312-325-7700 or by fax 212-299-0238. The normal business hours are 8:30a.m. - 5:00p.m. on Monday - Friday. You can find more information about the New York firm at www.lincap.com.

Registered investment advisers similar to Lehman Brothers Asset Management LLC

• Dwight Asset Management Company
• Income Research & Management
• Apollo Management
• Tenaron Capital Management
• Conning Asset Management
• Hsbc Global Asset Management (France)
• John Hancock Investment Management Services
• John Hancock Variable Trust Advisers
• Field Street Capital Management
• Ubs Painewebber
• Brandywine Global Investment Management
• Trusco Capital Management
• Transamerica Asset Management
• Colonial First State Asset Management (Australia) Limited
• Chase Fleming Asset Management (Usa)