Duke Management Company (Durham)

Name: Duke Management Company
Address: 406 Blackwell Street, Durham, NC, 27701 3984
Telephone: 919-668-9911

Duke Management Company is a large advisory firm based in Durham. It manages $5.37 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdiction of North Carolina.

Duke Management Company provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Duke Management Company: assets under management

The assets under management (AUM) of Duke Management Company is $5.37 billion. The firm's AUM has grown by 14% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.29 billion in discretionary accounts and $72.07 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.32 billion each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $72.07 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Duke 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.

Careers at Duke Management Company

Thruston Ballard Morton has been acting as President since 1 Sep 2000. Richard Halleck Brodhead joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Duke University	Supported entity	1 Jul 1990	75% - 100%	56-0532129
Robert King Steel	Director	1 Nov 1991	Other	811277
Joe Grills	Director	1 Jul 1992	Other	4709065
Nannerl O. Keohane	Director	1 Jul 1993	Other	4709091
James C Hale	Director	1 Nov 1999	Other	1274429
Edgar W. Barksdale	Director	1 Apr 2000	Other	4389759
Tallman Trask	Director	1 Jul 2000	Other	4709087
Thruston Ballard Morton	President	1 Sep 2000	Other	3081964
Alice Blackmore Hicks	Director	1 Jul 2001	Other	855212
Lanty Lloyd Smith	Director	1 Jul 2002	Other	2577124
Bruce Allen Karsh	Director	1 Aug 2002	Other	4332713
David R. Shumate	Vice president	1 Dec 2002	Other	4709054
Peter Michael Nicholas	Director	1 Jul 2003	Other	4351403
Richard Halleck Brodhead	Director	1 Jul 2004	Other	4857511
Atticus Morris Williams	Director	1 Jul 2004	Other	1796028

Based in Durham

The principal office where Duke Management Company performs its advisory services is located at 406 Blackwell Street, Durham, NC 27701 3984, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 919-668-9911 or by fax 919-668-9926. The normal business hours are 8:30 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at www.dumac.duke.edu.