Sands Capital Management, LLC is a large advisory firm based in Arlington. It manages $35.39 billion of regulatory assets for 437 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Sands Capital Management provides portfolio management for individuals and small businesses, 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 Sands Capital Management, LLC is $35.39 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 102% since the beginning of its operation, and $12.75 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Sands Capital Management, 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.
The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Frank Melville Sands is pooled investment vehicles with 25 clients and $8.21 billion of assets under management. Among the 10 most similar advisory firms, Sands Capital Management has the 5th lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $32.43 billion for 422 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 9% of the firm’s clients are foreign persons or businesses.
Sands Capital Management also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.
The company employs 108 people that are either part- or full-time employees. 37 percent of the employees work as investment advisers or researchers. 12 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Frank Melville Sands has been acting as President since 1 Sep 2008. Brian Alan Christiansen joined the executive team most recently as the Executive Managing Director, Sr. Portfolio Manager.
The principal office where Sands Capital Management, LLC performs its advisory services is located at 1000 Wilson Blvd., Arlington, VA 22209, 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 (703) 562-4000. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at sandscapital.com and its LinkedIn profile.