Capital Research And Management Company is a large advisory firm based in Los Angeles. It manages $2.18 trillion of regulatory assets for 4,323 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Capital Research And Management Company provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for sma and wrap fee programs. 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 Capital Research And Management Company is $2.18 trillion. The firm's AUM has grown by 488% since the beginning of its operation, and $21.41 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Capital Research And Management Company for their services and products based on a percentage of assets under management. 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, investment companies, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Mark Edward Denning is investment companies with 95 clients and $2.15 trillion of assets under management. Among the 11 most similar advisory firms, Capital Research And Management Company has the 2nd highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $2.17 trillion for 4,226 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.
Capital Research And Management Company also advises several private funds. Namely, twenty two other private funds. The minimum investment commitment required of non-related persons is $1,000 for each fund.
The company employs 1,174 people that are either part- or full-time employees. 24 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Mark Edward Denning has been acting as President since 1 Sep 1997. Herbert Yungtai Poon joined the executive team most recently as the Chief Compliance Officer.
The principal office where Capital Research And Management Company performs its advisory services is located at 333 S Hope Street, Los Angeles, CA 90071 1406, which is also the mailing address of the firm. An additional office of the firm is in Irvine, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 213-486-9200. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at americanfunds.com/ and its LinkedIn profile.