PUTNAM INVESTMENT MANAGEMENT, LLC

RIASEC RegisteredEst. 1971

Total AUM

$117B

Discretionary

$111B

94% of AUM

Avg account

$7.1M

Accounts

16,432

Employees

139

Advisory reps

Firm details

Headquarters: BOSTON, Massachusetts
CRD number: 106629
Registered since: November 19, 1971
Website: www.putnam.com
Custodians: MERRILL LYNCH, PIERCE, FENNER & SMITH, INC., MORGAN STANLEY & CO. LLC, RAYMOND JAMES & ASSOCIATES, INC.
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Investment Companies89%
Other Investment Advisers5.7%
Individuals2.72%
Pooled Investment Vehicles1.24%
Insurance Companies0.65%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment Vehicles

Firm profile

FINTRX

Overview

Putnam Investment Management, LLC is an SEC-registered investment adviser organized as an LLC and first registered in 1971. The firm serves both individual and family clients as well as institutional investors, offering portfolio management across separate accounts, pooled vehicles and investment companies. Its fee arrangements include asset-based fees and performance-linked compensation. On the operational side Putnam performs roles beyond traditional advisory work: it is registered as a commodity pool operator/commodity trading advisor and is active as a sponsor, general partner or managing member of pooled investment vehicles. The adviser reports being an active ESG investor and maintains affiliations across the financial services ecosystem, including relationships with broker-dealers, trust companies and other investment advisers.