ADVENT CAPITAL MANAGEMENT, LLC

RIASEC RegisteredEst. 2001

Total AUM

$8.8B

Discretionary

$8.8B

100% of AUM

Avg account

$20.5M

Accounts

430

Employees

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 113013
Registered since: May 14, 2001
Website: www.adventcap.com
Custodians: STATE STREET BANK AND TRUST COMPANY, THE BANK OF NEW YORK MELLON, THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Insurance Companies37.27%
State / Municipal Government31.97%
Investment Companies10.77%
Pooled Investment Vehicles9.38%
Charitable Organizations2.22%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Advent Capital Management, LLC is a hedge-fund–style registered adviser that blends discretionary portfolio management for individuals, pooled vehicles and institutions with activities that include registered-rep broker-dealer work and CPO/CTA functions. The firm has been SEC-registered since 2001 and serves both high-net-worth individuals/families and institutional clients. Its fee schedule combines an asset-based charge with performance-linked compensation, and the firm identifies as an active ESG investor. Advent operates across multiple advisory roles, including managing portfolios for small businesses, investment companies and pooled investment vehicles. It is also involved on the sponsor/GP side of pooled vehicles and acts as a managing member of such structures.