Point72 Asset Management, L.P. (Stamford)
Point72 Asset Management, L.P. is a large advisory firm based in Stamford. It manages $75.15 billion of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Connecticut, New Mexico, and New York.
Point72 Asset Management 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.
Point72 Asset Management: assets under management
The assets under management (AUM) of Point72 Asset Management, L.P. is $75.15 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -17% since the beginning of its operation, and $40.74 billion of the total AUM is attributable to clients outside of the United States.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Point72 Asset Management, L.P. 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 Point72 Asset Management serves?
The only and largest group of clients of Point72 Asset Management is pooled investment vehicles with 18 clients and $75.15 billion of assets under management. Among the 7 most similar advisory firms, Point72 Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $75.15 billion for 18 clients. 56% of the firm’s clients are foreign persons or businesses.
Point72 Asset Management also advises several private funds. Namely, sixteen hedge funds and one private equity fund. The minimum investment commitment required of non-related persons ranges from $0 to $50,000,000.
Careers at Point72 Asset Management, L.P.
The company employs 1,356 people that are either part- or full-time employees. 47 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.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 8 indirect owners.Based in Stamford
The principal office where Point72 Asset Management, L.P. performs its advisory services is located at 72 Cummings Point Road, Stamford, CT 06902 7912, which is also the mailing address of the firm. An additional office of the firm is in East Hampton, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 203-890-2000 or by fax 203-823-4200. The normal business hours are 7:00 am - 6:00 p.m. on Monday - Friday. You can find more information about the New York firm at point72.com.
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