Neuberger Berman Fixed Income LLC (Chicago)


Neuberger Berman Fixed Income LLC is a large advisory firm based in Chicago. It manages $104.4 billion of regulatory assets for 4,119 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 49 other states.

Neuberger Berman Fixed Income provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, educational seminars and workshops, and consulting and licensing of proprietary analytic investment models. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Neuberger Berman Fixed Income: assets under management

The assets under management (AUM) of Neuberger Berman Fixed Income LLC is $104.4 billion. The firm's AUM has grown by 42% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $96.49 billion in discretionary accounts and $7.91 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $23.43 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $7.91 billion.
Neuberger Berman Fixed Income has custody of $3.91 billion in cash and securities for 20 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Neuberger Berman Fixed Income LLC for their services and products based on a percentage of assets under management, fixed fees, 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.

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Neuberger Berman Group Llc Member 1 Feb 2009 75% - 100% 61-1591182
Lehman Brothers Holdings Inc. Member 1 Feb 2009 25% - 50% 13-3216325
Llc Nbsh Acquisition Member 1 May 2009 75% - 100% 26-4383171

Based in Chicago

The principal office where Neuberger Berman Fixed Income LLC performs its advisory services is located at 190 South Lasalle Street, Chicago, IL 60603, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-325-7700 or by fax 312-896-9430. The normal business hours are 8:30a.m. - 5:00p.m. on Monday - Friday. You can find more information about the New York firm at nb.com.