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.
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 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. 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 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.
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.
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.