Tcw Asset Management Company LLC (Los Angeles)

Name: Tcw Asset Management Company LLC
Address: 865 S Figueroa St, Los Angeles, CA, 90017 2593
Telephone: 213-244-0000

Tcw Asset Management Company LLC is a large advisory firm based in Los Angeles. It manages $42.65 billion of regulatory assets for 242 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California, Illinois, Massachusetts, and New York.

Tcw Asset Management Company provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tcw Asset Management Company: assets under management

The assets under management (AUM) of Tcw Asset Management Company LLC is $42.65 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 39% since the beginning of its operation, and $18.84 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $42.65 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $176.24 million each.

Tcw Asset Management Company has custody of $2.88 billion in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 29% of the total AUM. The second-largest asset type is sovereign bonds, which make up 20% of the firm’s portfolio. Investments in government bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tcw Asset Management Company LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. 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.

What kind of clients Tcw Asset Management Company serves?

The firm provides services to insurance companies, charitable organizations, high net worth individuals, pooled investment vehicles, business development companies, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Tcw Asset Management Company is pooled investment vehicles with 70 clients and $13.46 billion of assets under management. Among the 9 most similar advisory firms, Tcw Asset Management Company has the 3rd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $42.65 billion for 221 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 22% of the firm’s clients are foreign persons or businesses.

Tcw Asset Management Company also advises several private funds. Namely, eight hedge funds, seven other private funds, nine private equity funds, one venture capital fund, and twenty seven securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.

Careers at Tcw Asset Management Company LLC

The company employs 382 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. 15 employees are registered as investment adviser representatives with the state securities authorities.

There are 6 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. The Tcw Group	Sole member	1 May 1970	75% - 100%	95-3703295
Richard Manuel Villa	Chief financial officer	1 Aug 2008	Other	5586600
Marc Irwin Stern	Board member, chairman	1 Feb 2013	Other	4335929
David Brian Lippman	Board member, president, chief executive officer	1 Feb 2013	Other	1417364
Meredith Jackson	Board member, executive vice president, general counsel, secretary	1 Feb 2013	Other	6165906
Tcw Asset Management Co	Managing member (tcw/craton ii management company, llc)	1 Jul 2013	75% - 100%	105742
David Stephen Devito	Board member, executive vice president, chief operating officer	1 Oct 2013	Other	3223948
Jeffrey Alan Engelsman	Global chief compliance officer	1 Aug 2014	Other	2595670

Indirect Owners

The SEC currently registers 34 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Tcg Holdings Cayman Ii	Shareholder	1 Jan 2006	75% - 100%	98-0206218
L.P. Tc Group Cayman Investment Holdings Sub	Sole member	1 Feb 2007	75% - 100%	98-1038901
L.L.C. Tc Group V	General partner	1 Feb 2007	Other	26-0204126
L.P. Tc Group V	General partner	1 Feb 2007	Other	26-0204255
Ltd. Cp V Ilp Gp	General partner	1 May 2007	Other	27-1367188
L.P. Tcg Holdings Cayman Ii	Shareholder	1 Oct 2007	75% - 100%	98-0206218
Ltd. Carlyle Financial Services Holdings	General partner	1 Oct 2007	Other	98-0567837
L.P. Tcg Financial Services Investment Holdings	Limited partner	1 Oct 2007	50% - 75%	98-0570648
Ltd. Carlyle Financial Services	General partner	1 Oct 2007	Other	98-0565203
L.P. Tcg Financial Services	General partner	1 Oct 2007	Other	98-0570624
Cp V Investment Holdings L.P.	Limited partner	1 Jul 2009	25% - 50%	26-0318716
L.P. Tcg Financial Services	General partner	1 May 2010	Other	98-0570624
L.P. Carlyle Global Financial Services Partners	Limited partner	1 May 2010	75% - 100%	98-0571344
Carlyle Group Management L.L.C.	General partner	1 Jul 2011	Other	45-2831199
Ltd. Carlyle Offshore Partners Ii Holdings	Member	1 Sep 2011	75% - 100%	98-0684878
Ltd. Carlyle Offshore Partners Ii	Voting member	1 Sep 2011	75% - 100%	98-0233709
David Mark Rubenstein	Non-voting member	1 Sep 2011	25% - 50%	1723794
Daniel Anthony D'aniello	Non-voting member	1 Sep 2011	25% - 50%	1723797
William Elias Conway	Non-voting member	1 Sep 2011	25% - 50%	1776820
Ltd. Dbd Cayman Holdings	Member	1 Sep 2011	75% - 100%	98-0684875
Ltd. Dbd Cayman	General partner	1 Sep 2011	Other	98-0206216
The Carlyle Group L.P.	Sole member	1 Nov 2011	75% - 100%	45-2832612
Carlyle Holdings Ii Gp L.L.C.	General partner	1 Nov 2011	Other	80-0783953
L.P. Tc Group Cayman Investment Holdings	General partner	1 Feb 2012	Other	98-0339178
L.P. Carlyle Holdings Ii	General partner	1 May 2012	Other	98-1036577
L.P. Tc Group Cayman Investment Holdings Sub	Shareholder	1 May 2012	75% - 100%	98-1038901
Clipper Intermediate Corp.	Shareholder	1 Jul 2012	75% - 100%	61-1702013
L.P. Clipper Holding	Shareholder	1 Jul 2012	75% - 100%	46-1745036
L.L.C. Clipper Gp	General partner	1 Jul 2012	Other	46-1741757
L.P. Carlyle Global Financial Services Partners	Sole member	1 Jul 2012	75% - 100%	98-0571344
Clipper Acquisitions Corp.	Shareholder	1 Feb 2013	75% - 100%	46-1746913
L.P. Carlyle Financial Services Harbor	Limited partner	1 Feb 2013	25% - 50%	27-2617916
L.P. Carlyle Partners V	Limited partner	1 Feb 2013	25% - 50%	26-0204424
Tcw Owners Llc	Shareholder	1 Dec 2017	25% - 50%	37-1874602

Based in Los Angeles

The principal office where Tcw Asset Management Company LLC performs its advisory services is located at 865 S Figueroa St, Los Angeles, CA 90017 2593, which is also the mailing address of the firm. An additional office of the firm is in Danville, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 213-244-0000 or by fax 213-244-0491. The normal business hours are 6:00 a.m - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at tcw.com.