Marshall Wace North America L.P. (New York)

Name: Marshall Wace North America L.P.
Address: 350 Park Avenue, New York, NY, 10022
Telephone: 212-235-2800

Marshall Wace North America L.P. is a large advisory firm based in New York. It manages $20.32 billion of regulatory assets for 20 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, New York, and Pennsylvania.

Marshall Wace North America provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Marshall Wace North America: assets under management

The assets under management (AUM) of Marshall Wace North America L.P. is $20.32 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 3916% since the beginning of its operation, and $19.13 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $20.32 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.02 billion each.

Marshall Wace North America has custody of $20.32 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 Marshall Wace North America L.P. 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 Marshall Wace North America serves?

The only and largest group of clients of Marshall Wace North America is pooled investment vehicles with 20 clients and $20.32 billion of assets under management. Among the 9 most similar advisory firms, Marshall Wace North America has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $20.32 billion for 20 clients. 70% of the firm’s clients are foreign persons or businesses.

Marshall Wace North America also advises several private funds. Namely, sixteen hedge funds. The minimum investment commitment required of non-related persons ranges from $112,071 to $500,000,000.

Careers at Marshall Wace North America L.P.

The company employs 60 people that are either part- or full-time employees. 50 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 2 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.

Courtney E.K. Lewis joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Marshall Wace Llp	Limited partner	1 Jun 2004	Other	98-0430284
Marshall Wace Llc	General partner	1 Jun 2004	Other	47-0943018
Michael Manning Sargent	Chief executive officer	1 Jun 2004	Other	2189604
Suzan Rose	Chief compliance officer	1 Oct 2004	Other	2936935
Mwam Na Limited	Limited partner	1 Jul 2011	75% - 100%	foreign
Mms One Llc	Limited partner	1 Jul 2011	Other	xxx-xx-xxxx
Sven Jones	Chief compliance officer	1 Mar 2019	Other	7098665
Courtney E.K. Lewis	Chief compliance officer	1 May 2019	Other	6465553

Indirect Owners

The SEC currently registers 22 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Ian Gerald Wace	Owner and director	1 Jul 1997	50% - 75%	1726373
Paul R Marshall	Owner and director	1 Jul 1997	50% - 75%	5060093
Marshall Wace Asset Management Ltd	Managing member	1 Oct 2003	Other	foreign
Ian Gerald Wace	Partner	1 Oct 2003	25% - 50%	1726373
Paul R Marshall	Partner	1 Oct 2003	25% - 50%	5060093
Kkr Fund Holdings Gp Limited	General partner	1 Jul 2008	Other	98-0598044
Kkr Group Holdings L.P.	General partner	1 Jul 2009	25% - 50%	98-0630813
Kkr Group Limited	General partner	1 Jul 2009	Other	98-0630812
Kkr & Co. L.P.	Shareholder	1 Jul 2009	75% - 100%	26-0426107
Kkr Fund Holdings L.P.	Shareholder	1 Oct 2009	75% - 100%	98-0598047
Kkr & Co. L.P.	Limited partner	1 Jul 2010	75% - 100%	26-0426107
Ian Gerald Wace	Partner	1 Jul 2011	25% - 50%	1726373
Paul R Marshall	Partner	1 Jul 2011	25% - 50%	5060093
Marshall Wace Holdings Limited	Shareholder	1 Jul 2011	75% - 100%	foreign
Mw Partners Lp	Shareholder	1 Jul 2011	75% - 100%	foreign
Mw Partners (Gp) Limited	Partner	1 Jul 2011	Other	foreign
Mw Group Lp	Shareholder	1 Oct 2015	75% - 100%	foreign
Mw Ltd	Shareholder	1 Oct 2015	75% - 100%	foreign
Mw Group (Gp) Ltd	General partner	1 Oct 2015	Other	foreign
Kappa Holdings Ltd.	Shareholder	1 Oct 2015	25% - 50%	98-1256605
Kkr & Co. Inc.	Shareholder	1 Jul 2018	75% - 100%	26-0426107
Kkr Group Holdings Corp.	General partner	1 Jul 2018	50% - 75%	82-5111059

Based in New York

The principal office where Marshall Wace North America L.P. performs its advisory services is located at 350 Park Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Newtown Square, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-235-2800 or by fax 212-235-2899. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at mwam.com.