Degroof Petercam Asset Management is a large advisory firm based in Brussels. It manages $8.86 billion of regulatory assets for 351 client accounts. It has been registered with the SEC as an adviser since 2016.
Degroof Petercam Asset Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as promotor, distributor & manager of investment fund.
The assets under management (AUM) of Degroof Petercam Asset Management is $8.86 billion. The firm's AUM has grown by 8% since the beginning of its operation, and $8.76 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Degroof Petercam Asset Management for their services and products based on a percentage of assets under management. 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 firm provides services to insurance companies, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Guy Richard Lerminiaux is pension and profit sharing plans with 139 clients and $4.2 billion of assets under management. Among the 9 most similar advisory firms, Degroof Petercam Asset Management has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $8.67 billion for 307 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 99% of the firm’s clients are foreign persons or businesses.
Degroof Petercam Asset Management doesn't advise any private funds.
The company employs 140 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone 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.
Guy Richard Lerminiaux has been acting as President since 1 Jan 1998. Laurent Martin De Meyere joined the executive team most recently as the Director.
The principal office where Degroof Petercam Asset Management performs its advisory services is located at Rue Guimard 18, Brussels, B 1040, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 00 32 2 287 95 15. The normal business hours are 08.00 - 17.00 on Monday - Friday. You can find more information about the New York firm at degroofpetercam.com.