Logan Circle Partners, L.P. is a large advisory firm based in Philadelphia. It manages $38.64 billion of regulatory assets for 175 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of New Jersey and Pennsylvania.
Logan Circle Partners 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 Logan Circle Partners, L.P. is $38.64 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 128690% since the beginning of its operation, and $5.38 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Logan Circle Partners, L.P. 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 insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Dominic J. Curcio is pension and profit sharing plans with 59 clients and $17.63 billion of assets under management. Among the 7 most similar advisory firms, Logan Circle Partners has the 2nd highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $38.19 billion for 172 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 13% of the firm’s clients are foreign persons or businesses.
Logan Circle Partners also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.
The company employs 124 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. No 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.
Dominic J. Curcio has been acting as President since 1 Mar 2007. Jude Thaddeus Driscoll has served as the Chief Investment Officer since 1 Jan 2007. Elisabeth H Bedore joined the executive team most recently as the Chief Compliance Officer.
The principal office where Logan Circle Partners, L.P. performs its advisory services is located at 1717 Arch Street, Suite 1500, Philadelphia, PA 19103, which is also the mailing address of the firm. An additional office of the firm is in Whippany, NJ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 267-330-0000 or by fax 267-330-0055. The normal business hours are 9:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at lcpim.com.