Jacobs Levy Equity Management Inc (Florham Park)

Name: Jacobs Levy Equity Management Inc
Address: 100 Campus Drive, Florham Park, NJ, 07932 0650
Telephone: 973-410-9222

Jacobs Levy Equity Management Inc is a large advisory firm based in Florham Park. It manages $8.47 billion of regulatory assets for 125 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of New Jersey.

Jacobs Levy Equity Management provides 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.

Jacobs Levy Equity Management: assets under management

The assets under management (AUM) of Jacobs Levy Equity Management Inc is $8.47 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 16% since the beginning of its operation, and $1.36 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $8.47 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $67.75 million each.

Jacobs Levy Equity Management has custody of $1.38 billion in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jacobs Levy Equity Management Inc 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 Bruce Ira Jacobs serves?

The firm provides services to investment companies, pooled investment vehicles, and pension and profit sharing plans. The largest group of clients of Bruce Ira Jacobs is pension and profit sharing plans with 27 clients and $3.47 billion of assets under management. Among the 9 most similar advisory firms, Jacobs Levy Equity Management has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $7.46 billion for 59 clients. 21% of the firm’s clients are foreign persons or businesses.

Jacobs Levy Equity Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Jacobs Levy Equity Management Inc

The company employs 62 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 5 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.

Bruce Ira Jacobs has been acting as President since 1 Sep 1986. Laura Marie Devito joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bruce Ira Jacobs	President	1 Sep 1986	50% - 75%	4342520
Kenneth Neil Levy	Vice president	1 Sep 1986	50% - 75%	2235178
Kenneth Ley	Vice president	1 Sep 1986	50% - 75%	2235178
Peter Alex Rudolph	Chief financial officer	1 Aug 1991	Other	2021966
Heath Noah Weisberg	General counsel/chief compliance officer	1 Jun 2006	Other	5315609
Michael Davidson	Chief financial officer	1 Jan 2007	Other	5315610
Leo Aloysius Dalton	Chief financial officer	1 Jan 2010	Other	5771747
Michael Davidson	Chief administrative officer	1 Jan 2010	Other	5315610
Laura Marie Devito	General counsel/chief compliance officer	1 Feb 2013	Other	6028607
Jason Matthew Hoberman	General counsel and chief compliance officer	1 Jan 2017	Other	6391857
Laura Marie Devito	Chief operating officer	1 Aug 2017	Other	6028607

Based in Florham Park

The principal office where Jacobs Levy Equity Management Inc performs its advisory services is located at 100 Campus Drive, Florham Park, NJ 07932 0650 The mailing address of the firm is 100 Campus Drive, Florham Park, NJ 07932 0650. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 973-410-9222 or by fax 973-410-9333. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at jacobslevy.com.