Jacobs Levy Equity Management Inc is a large advisory firm based in Florham Park. It manages $8.47 billion of regulatory assets for 125 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New Jersey.
Jacobs Levy Equity 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 Jacobs Levy Equity Management Inc is $8.47 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 16% since the beginning of its operation, and $1.36 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Jacobs Levy Equity Management Inc 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.
The firm provides services to investment companies, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Bruce Ira Jacobs is pension and profit sharing plans with 27 clients and $3.47 billion of assets under management. Among the 9 most similar advisory firms, Jacobs Levy Equity Management has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $7.46 billion for 59 clients. 21% of the firm’s clients are foreign persons or businesses.
Jacobs Levy Equity Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.
The company employs 62 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 5 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.
Bruce Ira Jacobs has been acting as President since 1 Sep 1986. Laura Marie Devito joined the executive team most recently as the Chief Operating Officer.
The principal office where Jacobs Levy Equity Management Inc performs its advisory services is located at 100 Campus Drive, Florham Park, NJ 07932 0650 The mailing address of the firm is 100 Campus Drive, Florham Park, NJ 07932 0650. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 973-410-9222 or by fax 973-410-9333. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at jacobslevy.com.