Manning & Napier Advisors, LLC (Fairport)

Name: Manning & Napier Advisors, LLC
Address: 290 Woodcliff Drive, Fairport, NY, 14450
Telephone: 585-325-6880

Manning & Napier Advisors, LLC is a large advisory firm based in Fairport. It manages $19.93 billion of regulatory assets for 5,322 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Manning & Napier Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, educational seminars and workshops, and see schedule d. It prepares financial plans for approximately 660 clients. On top of advisory services, the firm doesn't engage in other business activities.

Manning & Napier Advisors: assets under management

The assets under management (AUM) of Manning & Napier Advisors, LLC is $19.93 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -49% since the beginning of its operation, and $378.56 million of the total AUM is attributable to clients outside of the United States.

The firm manages $19.93 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.74 million each.

Investments

The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is government bonds, which make up 26% of the firm’s portfolio. Investments in investment and business development companies form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Manning & Napier Advisors, LLC for their services and products based on a percentage of assets under management 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 Jeffrey Scott Coons serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Jeffrey Scott Coons is investment companies with 2 clients and $5.26 billion of assets under management. Among the 12 most similar advisory firms, Manning & Napier Advisors has the 5th highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $19.28 billion for 4,423 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Manning & Napier Advisors doesn't advise any private funds.

Careers at Manning & Napier Advisors, LLC

The company employs 321 people that are either part- or full-time employees. 51 percent of the employees work as investment advisers or researchers. 50 employees are registered as investment adviser representatives with the state securities authorities.

There are 16 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.

Jeffrey Scott Coons has been acting as President since 1 Oct 2011. Gregory Scott Woodard joined the executive team most recently as the Managing Director, Wealth Management.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michelle Mary Thomas	Corporate secretary	1 Dec 2001	Other	4496077
Beth Hendershot Galusha	Treasurer	1 May 2003	Other	2047793
William Manning	Chairman	1 Jun 2010	Other	1552093
B Reuben Auspitz	Executive vice president /director/ chief compliance officer/vice chairman	1 Jun 2010	Other	1898690
Jeffrey Scott Coons	President/ co-director of research	1 Jun 2010	Other	2484535
Patrick Cunningham	Chief executive officer, director	1 Jun 2010	Other	1688930
Charles Howard Stamey	Managing director of sales	1 Jun 2010	Other	2378503
Richard Butler Yates	Chief legal officer	1 Jun 2010	Other	5623893
Jeffrey Alan Herrmann	Co-director of research/co-head of global equities	1 Aug 2010	Other	2482575
James Edward Mikolaichik	Chief financial officer	1 Sep 2011	Other	5047043
B Reuben Auspitz	Executive vice president/ chief compliance officer	1 Oct 2011	Other	1898690
Beth Hendershot Galusha	Treasurer	1 Oct 2011	Other	2047793
Michelle Mary Thomas	Corporate secretary	1 Oct 2011	Other	4496077
Jeffrey Scott Coons	President	1 Oct 2011	Other	2484535
Patrick Cunningham	Chief executive officer	1 Oct 2011	Other	1688930
Charles Howard Stamey	Managing director of sales	1 Oct 2011	Other	2378503
Richard Butler Yates	Chief legal officer	1 Oct 2011	Other	5623893
James Edward Mikolaichik	Chief financial officer	1 Oct 2011	Other	5047043
Llc Manning & Napier Group	Managing member	1 Oct 2011	75% - 100%	45-3328488
Jeffrey Alan Herrmann	Co-director of research/co-head of global equities	1 Oct 2011	Other	2482575
Ebrahim Busheri	Director of investments	1 Mar 2015	Other	4514441
Jessica Michele Kushner	Chief compliance officer	1 Jun 2015	Other	5503211
William Manning	Chief executive officer	1 Apr 2016	Other	1552093
Richard Stuart Goldberg	Co-ceo	1 Mar 2018	Other	867449
Paul John Battaglia	Chief financial officer	1 Mar 2018	Other	6007994
Sarah Christine Turner	General counsel	1 May 2018	Other	6960298
Marc Orlans Mayer	Ceo	1 Jan 2019	Other	2120110
Christopher Briley	Chief technology officer	1 Mar 2019	Other	4874358
Nicole Kingsley Brunner	Chief marketing officer	1 Mar 2019	Other	7088652
Aaron Thomas Mcgreevy	Managing director, taft-hartley, institutional sales and intermediary distribution	1 Mar 2019	Other	5541148
Antony John Desorbo	Managing director, regional sales	1 Mar 2019	Other	3115838
Gregory Scott Woodard	Managing director, wealth management	1 Aug 2019	Other	2933398

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
William Manning	Managing member	1 Jun 2011	75% - 100%	1552093
Inc. Manning & Napier	Sole managing member	1 Jun 2011	Other	45-2609100
Llc M&N Group Holdings	Member	1 Oct 2011	75% - 100%	45-3776245
William Manning	Member	1 Oct 2011	Other	1552093
Inc. Manning & Napier	Member	1 Oct 2011	75% - 100%	45-2609100

Based in Fairport

The principal office where Manning & Napier Advisors, LLC performs its advisory services is located at 290 Woodcliff Drive, Fairport, NY 14450, which is also the mailing address of the firm. An additional office of the firm is in Dublin, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 585-325-6880 or by fax 585-325-3266. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at manning-napier.com.