State Street Global Advisors Limited is a large advisory firm based in London. It manages $343 billion of regulatory assets for 2,013 client accounts. It has been registered with the SEC as an adviser since 2003.
State Street Global Advisors Limited provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and educational seminars and workshops. 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 State Street Global Advisors Limited is $343 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 387% since the beginning of its operation, and $337.17 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay State Street Global Advisors Limited 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 individuals, insurance companies, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, banking or thrift institutions, 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 Alex Joseph Castle is pension and profit sharing plans with 152 clients and $77.02 billion of assets under management. Among the 11 most similar advisory firms, State Street Global Advisors Limited has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $343 billion for 833 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 100% of the firm’s clients are foreign persons or businesses.
State Street Global Advisors Limited doesn't advise any private funds.
The company employs 359 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people 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.
Alex Joseph Castle has been acting as President since 1 Jan 2010. Theodore Thomas Sotir joined the executive team most recently as the Non Executive Director.
The principal office where State Street Global Advisors Limited performs its advisory services is located at 20 Churchill Place, London, E14 5 Hj, which is also the mailing address of the firm. The firm also has an office outside of the United States.
You can reach the main office by calling the phone number 44-20-3395-6000 or by fax 44-20-3395-6350. The normal business hours are 9am to 5pm local time on Monday - Friday. You can find more information about the New York firm at ssga.com.