Columbia Wanger Asset Management, LLC is a large advisory firm based in Chicago. It manages $9.45 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Illinois.
Columbia Wanger Asset Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Columbia Wanger Asset Management, LLC is $9.45 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -65% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Columbia Wanger Asset Management, LLC for their services and products based on a percentage of assets under management. 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.
The firm provides services to investment companies, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Michael Anthony Jones is investment companies with 10 clients and $8.51 billion of assets under management. Among the 8 most similar advisory firms, Columbia Wanger Asset Management has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $9.45 billion for 14 clients. None of the firm’s clients are foreign persons or businesses.
Columbia Wanger Asset Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.
The company employs 55 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Michael Anthony Jones has been acting as President since 1 Nov 2007. Colin Moore joined the executive team most recently as the Global Chief Investment Officer.
The principal office where Columbia Wanger Asset Management, LLC performs its advisory services is located at 227 W Monroe, Chicago, IL 60606 5016, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 312-634-9200 or by fax 312-634-0267. The normal business hours are 8:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at columbiathreadneedle.com/us.