Loomis, Sayles & Company, L.P

CRD#105377
Investment Advisor Firm

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Learn more about Loomis, Sayles & Company, L.P

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Loomis, Sayles & Company, L.P is located at One Financial Center, Boston, MA. The firm employs 722 financial advisors to manage client portfolios and provide financial guidance. Loomis, Sayles & Company, L.P is not a registered broker-dealer.

    Loomis, Sayles & Company, L.P oversees $301.4 billion in assets under management across 20,445 accounts, of which 20,377 are discretionary and 68 are non-discretionary. The services offered include portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for institutional clients, and other services. The firm caters to high net worth investors, investment companies, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, other investment advisers, insurance companies, sovereign wealth funds, corporations, and other types of investors, with high net worth investors being the largest client type by accounts. The fee structure at Loomis, Sayles & Company, L.P includes asset-based, performance-based, and other fees. The firm has 18,739 high net worth clients and maintains affiliations with a broker-dealer or securities dealer, banking or thrift institution, trust company, insurance company or agency, real estate broker or dealer, and commodity pool advisor.

    Loomis, Sayles & Company, L.P is registered in the states of Alabama, Arizona, Colorado, Alaska, Arkansas, California, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

    Assets Under Management

    $301.4 billion

    Number of Advisors

    722

    Disclosures

    No

    Office Location

    One Financial Center
    Boston, MA 02111-2621

    Loomis, Sayles & Company, L.P by the Numbers

    Total Assets Under Management

    $301.4 billion

    National Average: $8.6 billion
    Total Number of Employees

    722

    National Average: 64
    Total Number of Accounts

    20,445

    National Average: 375,227
    Average Account Size

    $14.7 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees for financial advice typically depend on the type of services provided. Fees billed by Loomis, Sayles & Company, L.P likely consist of some blend of the following fee types: asset-based, performance-based, or other. The company participates in a wrap fee program, in which the company offers a bundle of services for a single fee.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 26% of firms

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Offered by 10% of firms

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

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    Types of Clients

    The company manages money for a number of different investors. The firm works with high net worth investors, investment companies, pooled investment vehicles, pension plans, charitable organizations, state or municipal government entities, other investment advisers, insurance companies, sovereign wealth funds, corporations, and other. Out of its 11 clients, Loomis, Sayles & Company, L.P's largest client group by number of accounts is investment companies, although it also caters to 18739 high-net-worth individuals. The SEC defines a high-net-worth individual as an investor who has at least $750,000 under management or a net worth of at least $1,50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 91.7%
    • Other Individuals - 0%
    • Corporations - 7.26%
    • Charitable Organizations - 1.04%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Loomis, Sayles & Company, L.P does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Loomis, Sayles & Company, L.P

    Michael Mchugo
    Boston, MA
    Colleen Denzler
    Boston, MA
    Michael Skurka
    Boston, MA
    Kathleen O'Malley
    Boston, MA
    Jessica Hill
    Gig Harbor, WA
    Andrew Scheirer
    Villa Park, IL
    Sean Kennedy
    Boston, MA
    Jeffrey Schwartz
    Bloomfield Hills, MI
    David Beach
    San Francisco, CA

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    The content in this profile was updated by SmartAsset on 6/19/2024. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.

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