Jefferies Investment Advisers, LLC is a large advisory firm based in New York. It manages $4.61 billion of regulatory assets for 438 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Jefferies Investment Advisers provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Jefferies Investment Advisers, LLC is $4.61 billion. The firm's AUM has grown by 953% since the beginning of its operation, and $88.66 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Jefferies Investment Advisers, LLC for their services and products based on a percentage of assets under management, subscription fees, commissions, and performance-based fees. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to charitable organizations, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Jefferies Investment Advisers is pooled investment vehicles with 7 clients and $2.93 billion of assets under management. Among the 11 most similar advisory firms, Jefferies Investment Advisers has the 4th lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $4.61 billion for 438 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 12% of the firm’s clients are foreign persons or businesses.
Jefferies Investment Advisers also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.
The company employs 108 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 108 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.
Lauri A Scoran joined the executive team most recently as the Chief Compliance Officer.
The principal office where Jefferies Investment Advisers, LLC performs its advisory services is located at 520 Madison Avenue, New York, NY 10022 4213, which is also the mailing address of the firm. An additional office of the firm is in Dallas, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-284-2300. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday.