Loomis, Sayles & Company, L.P. (Boston)

Loomis, Sayles & Company 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, and non-discretionary investment advice. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as sponsor of pooled investment vehicles.

Loomis, Sayles & Company: assets under management

The assets under management (AUM) of Loomis, Sayles & Company, L.P. is $230.32 billion. The firm's AUM has grown by 247% since the beginning of its operation, and $60.93 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $214.49 billion in discretionary accounts and $15.83 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $259.05 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $205.55 million.

Loomis, Sayles & Company has custody of $1.89 billion in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 17% of the total AUM. The second-largest asset type is government bonds, which make up 15% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Loomis, Sayles & Company, L.P. 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 Loomis, Sayles & Company serves?

The firm provides services to insurance companies, investment companies, charitable organizations, other investment advisers, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Loomis, Sayles & Company is other investment advisers with 60 clients and $54.41 billion of assets under management. Among the 9 most similar advisory firms, Loomis, Sayles & Company has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $218.04 billion for 482 clients. 21% of the firm’s clients are foreign persons or businesses.

Loomis, Sayles & Company also advises several private funds. Namely, two hedge funds, three other private funds, and one securitized asset fund. The minimum investment commitment required of non-related persons ranges from $50,000 to $500,000,000.

Careers at Loomis, Sayles & Company, L.P.

The company employs 607 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 13 employees are registered as investment adviser representatives with the state securities authorities.

There are 21 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

Indirect Owners

The SEC currently registers 63 indirect owners.

Based in Boston

The principal office where Loomis, Sayles & Company, L.P. performs its advisory services is located at One Financial Center, Boston, MA 02111 2621, which is also the mailing address of the firm. An additional office of the firm is in Pittsburgh, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-482-2450 or by fax 617-357-6158. The normal business hours are 8:45 a.m. to 4:45 p.m. on Monday - Friday. You can find more information about the New York firm at loomissayles.com.

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