State Street Global Advisors Limited (London)

Name: State Street Global Advisors Limited
Address: 20 Churchill Place, London, E14 5 Hj
Telephone: 44-20-3395-6000

State Street Global Advisors Limited is a large advisory firm based in London. It manages $343 billion of regulatory assets for 2,013 client accounts. It has been registered with the SEC as an adviser since 2003.

State Street Global Advisors Limited provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, 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.

State Street Global Advisors Limited: assets under management

The assets under management (AUM) of State Street Global Advisors Limited is $343 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 387% since the beginning of its operation, and $337.17 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $343 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $170.39 million each.

Investments

The firm invests in exchange traded securities the most. They account for 39% of the total AUM. The second-largest asset type is derivatives, which make up 32% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay State Street Global Advisors Limited 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.

What kind of clients Alex Joseph Castle serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, banking or thrift institutions, 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 Alex Joseph Castle is pension and profit sharing plans with 152 clients and $77.02 billion of assets under management. Among the 11 most similar advisory firms, State Street Global Advisors Limited has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $343 billion for 833 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 100% of the firm’s clients are foreign persons or businesses.

State Street Global Advisors Limited doesn't advise any private funds.

Careers at State Street Global Advisors Limited

The company employs 359 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 are 3 people 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.

Alex Joseph Castle has been acting as President since 1 Jan 2010. Theodore Thomas Sotir joined the executive team most recently as the Non Executive Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jean Francois Schock	Director	1 Jun 1990	Other	4419117
Timothy Harbert	Director	1 Jan 1991	Other	2673396
John Robert Serhant	Director	1 Aug 1996	Other	418960
David Nigel Wightman	Managing director	1 Jul 1997	Other	4358750
Alan John Brown	Chairman	1 Jul 1997	Other	4358722
Paul Francis Duncombe	Director	1 Aug 1997	Other	4419094
Kanesh Vallabhdas Lakhani	Director	1 Jan 1998	Other	4419100
State Street Bank Europe Limited	Owner	1 Oct 1998	75% - 100%	foreign entity
Christopher John Woods	Director	1 May 1999	Other	4419125
Roland Ralph William Millar	Director	1 May 1999	Other	4358753
David E Costin	Director	1 Apr 2000	Other	2796060
Richard Frederic Lacaille	Director	1 May 2000	Other	4419109
Lodewijk Dirk Van Setten	Director	1 May 2000	Other	4419146
Erich Stock	Director	1 Jul 2000	Other	4419119
John Francis Nugee	Director	1 Nov 2000	Other	4419112
Stewart Reed	Director	1 Oct 2001	Other	4520679
Samuel Stephen Stewart	Head of compliance and risk	1 Jan 2002	Other	4519722
Michael John Karpik	Director	1 Dec 2002	Other	5140657
Karpik Michael	Director	1 Dec 2002	Other	123
Claudia Emmanuel	Director	1 Feb 2005	Other	5087550
Benoit Jean Jules Fally	Director	1 Mar 2005	Other	5087552
Kanesh Vallabhdas Lakhani	Managing director	1 Oct 2006	Other	4419100
Nicholas John Pearce	Director	1 Feb 2007	Other	5314564
Christopher Michael Peacock	Chief compliance officer	1 Jun 2007	Other	5380342
Benoit Jean Jules Fally	Director	1 May 2009	Other	5087552
State Street Global Advisors International Holdings	Owner	1 Dec 2009	75% - 100%	26-4296343
Alex Joseph Castle	Director	1 Jan 2010	Other	5898753
Susan Caroline Raynes	Director	1 Mar 2012	Other	2600701
Alyssa A Albertelli	Chief compliance officer	1 Oct 2012	Other	6091317
John Kearney	Director	1 Dec 2012	Other	6175790
William Derek Russell Street	Director	1 Aug 2013	Other	6254262
Rory Thomas Tobin	Director	1 Aug 2015	Other	2026861
Rajiv Vyas	Chief compliance officer	1 Sep 2017	Other	6929320
Cuan F.H. Coulter	Director	1 Oct 2017	Other	5660122
Scott Victor Sanderson	Chief finance officer	1 Aug 2018	Other	7084865
Karen Sharpe	Non executive director	1 Oct 2018	Other	7087871
Theodore Thomas Sotir	Non executive director	1 Dec 2018	Other	7087877

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
State Street Corporation	Owner	1 Jan 1970	75% - 100%	12-2369852
State Street Bank And Trust Company	Owner	1 Feb 1985	75% - 100%	12-3698552
State Street International Holdings	Owner	1 Jan 1997	75% - 100%	12-1233656
State Street Global Advisors Incorporated	Owner	1 Dec 2009	75% - 100%	06-1313175

Based in London

The principal office where State Street Global Advisors Limited performs its advisory services is located at 20 Churchill Place, London, E14 5 Hj, 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 44-20-3395-6000 or by fax 44-20-3395-6350. The normal business hours are 9am to 5pm local time on Monday - Friday. You can find more information about the New York firm at ssga.com.