Lovell Minnick Partners LLC (Radnor)


Lovell Minnick Partners LLC is a large advisory firm based in Radnor. It manages $3.45 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, New York, and Pennsylvania.

Lovell Minnick Partners provides 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.

Lovell Minnick Partners: assets under management

The assets under management (AUM) of Lovell Minnick Partners LLC is $3.45 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 458% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.45 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $265.7 million each.
Lovell Minnick Partners has custody of $3.45 billion in cash and securities for 13 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lovell Minnick Partners LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jeffrey Dale Lovell serves?

The only and largest group of clients of Jeffrey Dale Lovell is pooled investment vehicles with 13 clients and $3.45 billion of assets under management. Among the 10 most similar advisory firms, Lovell Minnick Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.45 billion for 13 clients. None of the firm’s clients are foreign persons or businesses.

Lovell Minnick Partners also advises several private funds. Namely, thirteen private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Lovell Minnick Partners LLC

The company employs 25 people that are either part- or full-time employees. 72 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Jeffrey Dale Lovell has been acting as President since 1 Nov 2003. Scott Andrew Shebelsky joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jeffrey Dale Lovell Chairman 1 Nov 2003 Other 1095362
James Edward Minnick President 1 Nov 2003 Other 716204
Jennings Jay Newcom General counsel and chief compliance officer 1 Nov 2003 Other 4358060
Lovell Minnick Holdings Llc Sole member 1 Dec 2003 75% - 100% 20-0498914
Steven Corbett Pierson President 1 Jun 2016 Other 2507992
Scott Andrew Shebelsky Chief compliance officer 1 Jan 2018 Other 6909720

Indirect Owners

The SEC currently registers 7 indirect owners.

Name Entity Date acquired Ownership Employer ID
Jeffrey Dale Lovell Managing director 1 Dec 2003 25% - 50% 1095362
James Edward Minnick Managing director 1 Dec 2003 Other 716204
Jennings Jay Newcom Managing director 1 Dec 2003 Other 4358060
Robert Myles Belke Managing director 1 Jan 2007 Other 2287759
Spencer Philip Hoffman Managing director 1 Jan 2009 Other 2633044
John Danielson Cochran Managing director 1 Jan 2011 Other 2401169
Lovell Minnick Partners Inc. Manager 1 Dec 2013 Other 27-4112785

Based in Radnor

The principal office where Lovell Minnick Partners LLC performs its advisory services is located at 555 E. Lancaster Avenue, Radnor, PA 19087 5163, which is also the mailing address of the firm. An additional office of the firm is in Manhattan Beach, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 610-995-9660 or by fax 610-995-9680. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at lovellminnick.com.