Western Asset Management Company Distribuidora De Títulos E Valo (Sao Paulo)


Western Asset Management Company Distribuidora De Títulos E Valo is a large advisory firm based in Sao Paulo. It manages $10.53 billion of regulatory assets for 151 client accounts. It has been registered with the SEC as an adviser since 2010.

Western Asset Management Company Distribuidora De Títulos E Valo provides portfolio management for individuals and small businesses, 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 also engages as sells own funds to brazil institutional investors.

Western Asset Management Company Distribuidora De Títulos E Valo: assets under management

The assets under management (AUM) of Western Asset Management Company Distribuidora De Títulos E Valo is $10.53 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -21% since the beginning of its operation, and $10.53 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $10.53 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $69.71 million each.

Investments

The firm invests in sovereign bonds the most. They account for 73% of the total AUM. The second-largest asset type is other assets, which make up 7% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Western Asset Management Company Distribuidora De Títulos E Valo for their services and products based on a percentage of assets under management 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.

What kind of clients Paulo Eduardo Clini serves?

The firm provides services to insurance companies, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Paulo Eduardo Clini is pooled investment vehicles with 26 clients and $6.61 billion of assets under management. Among the 11 most similar advisory firms, Western Asset Management Company Distribuidora De Títulos E Valo has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $10.53 billion for 59 clients. 100% of the firm’s clients are foreign persons or businesses.

Western Asset Management Company Distribuidora De Títulos E Valo doesn't advise any private funds.

Careers at Western Asset Management Company Distribuidora De Títulos E Valo

The company employs 66 people that are either part- or full-time employees. 27 percent of the employees work as investment advisers or researchers. No 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.

Paulo Eduardo Clini has been acting as President since 1 Dec 2008. Luciana Amorim Da Silva Haddad joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Legg Mason International Holdings Shareholder 1 Dec 2005 Other foreign entity
Western Asset Management (Brasil) Holdings Limitada Shareholder 1 Jan 2008 75% - 100% foreign entity
Marzo Nmn Bernardi Executive director and director 1 Aug 2008 Other 4859229
Mariano Federico Ardissone Finance officer and director 1 Aug 2008 Other 5814126
Paulo Eduardo Clini Director 1 Dec 2008 Other 5814127
Western Asset Management (Brasil) Holdings Limitada Shareholder 1 Mar 2009 75% - 100% foreign entity
Silmara Velasque Baccani Chief compliance officer 1 Apr 2010 Other 5814129
Anderson Cleiton Ferreira Barbosa Chief operations officer 1 Sep 2010 Other 5907308
Patricia Avolio Furtado Mussalan Finance officer and director 1 Mar 2011 Other 5907309
Camila Garcia Scarlate Chief compliance officer 1 Mar 2015 Other 6465351
Luciana Silveira Director and chief compliance officer 1 May 2015 Other 6568915
Luciana Amorim Da Silva Haddad Director 1 Aug 2015 Other 6630000
Marc Forster Executive director and director 1 Aug 2015 Other 6630004

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. Legg Mason Shareholder 1 Jan 2008 75% - 100% 52-1200960
Lm Holdings 2 Limited Shareholder 1 Mar 2011 75% - 100% foreign entity
Lm International Holdings Lp Shareholder 1 Mar 2011 75% - 100% foreign entity
Legg Mason International Holdings Llc Shareholder 1 Mar 2011 50% - 75% 20-2573431
Legg Mason Global Holdings Limited Shareholder 1 Mar 2011 50% - 75% foreign entity

Based in Sao Paulo

The principal office where Western Asset Management Company Distribuidora De Títulos E Valo performs its advisory services is located at Av. Pres Juscelino Kubitschek, Sao Paulo, 04543 011, 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 +55-11-3478-5000 or by fax +55-11-3478-5219. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at westernasset.com.br.