Harding Loevner LP (Bridgewater)


Harding Loevner LP is a large advisory firm based in Bridgewater. It manages $50.38 billion of regulatory assets for 6,132 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Harding Loevner 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.

Harding Loevner: assets under management

The assets under management (AUM) of Harding Loevner LP is $50.38 billion. The firm's AUM has grown by 1407% since the beginning of its operation, and $13.84 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $50.19 billion in discretionary accounts and $197.42 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.19 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $197.42 million.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Harding Loevner LP 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.

What kind of clients Harding Loevner serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, 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 Harding Loevner is investment companies with 13 clients and $23.08 billion of assets under management. Among the 8 most similar advisory firms, Harding Loevner has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $50.38 billion for 6,132 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

Harding Loevner doesn't advise any private funds.

Careers at Harding Loevner LP

The company employs 98 people that are either part- or full-time employees. 39 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
David Richard Loevner President, chief executive officer 1 Apr 1990 Other 1470556
Simon Hallett Vice president, treasurer, chief investment officer 1 Jun 1992 Other 2152996
Ferrill D Roll Vice president, co-chief investment officer, portfolio manager, and limited partner 1 Feb 1996 Other 1423061
Puran Dulani Vice president, chief of portfolio operations 1 Mar 2002 Other 5315320
Lori Magliochetti Renzulli Vice president, chief counsel & chief compliance officer 1 Jul 2006 Other 1994781
Lori M Renzulli Chief compliance officer & chief counsel 1 Jul 2006 Other 1994781
Richard T Reiter Vice president, chief operating officer 1 Jan 2009 Other 1887145
Inc. Titan Nj Gp Holdings Owner and general partner 1 Aug 2009 Other 27-0705386
Llc Titan Nj Lp Holdings Owner 1 Aug 2009 50% - 75% 00-0000001
Aaron Jeffrey Bellish Vice president and chief financial officer 1 Sep 2012 Other 5400918
Brian David Simon Vice president, general counsel 1 Jul 2014 Other 1336472

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Inc. Affiliated Managers Group Owner 1 Aug 2009 75% - 100% 04-3218510

Based in Bridgewater

The principal office where Harding Loevner LP performs its advisory services is located at 400 Crossing Blvd, Bridgewater, NJ 08807, 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 908-218-7900 or by fax 908-218-1915. The normal business hours are 8:30am to 5:30pm on Monday - Friday. You can find more information about the New York firm at hardingloevner.com.