Candriam Belgium S.A. is a large advisory firm based in Brussels. It manages $95.75 billion of regulatory assets for 534 client accounts. It has been registered with the SEC as an adviser since 2014.
Candriam Belgium provides 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, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Candriam Belgium S.A. is $95.75 billion. The firm's AUM has grown by 7% since the beginning of its operation, and $95.42 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Candriam Belgium S.A. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, investment companies, charitable organizations, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Jeffrey Scott Phlegar is pooled investment vehicles with 196 clients and $56.89 billion of assets under management. Among the 11 most similar advisory firms, Candriam Belgium has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $95.68 billion for 529 clients. 100% of the firm’s clients are foreign persons or businesses.
Candriam Belgium also advises several private funds. Namely, twelve other private funds. The minimum investment commitment required of non-related persons ranges from $1 to $300,200.
The company employs 268 people that are either part- or full-time employees. 40 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.
Jeffrey Scott Phlegar has been acting as President since 1 Feb 2014. Joel Martin Steinberg joined the executive team most recently as the Senior Vice President, Interim Chief Financial Officer & Chief Risk Officer.
The principal office where Candriam Belgium S.A. performs its advisory services is located at 58, Avenue Des Arts, Brussels, 1000, which is also the mailing address of the firm. The firm also has an office outside of the United States.
You can reach the main office by calling the phone number + 32 2 509 67 26 or by fax + 32 2 509 67 07. The normal business hours are 9:30-5:30 on Monday - Friday. You can find more information about the New York firm at candriam.com.