Eig Management Company, LLC (Washington)

Eig Management Company provides 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.

Eig Management Company: assets under management

The assets under management (AUM) of Eig Management Company, LLC is $20.91 billion. The firm's AUM has grown by 9220% since the beginning of its operation, and $8.54 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $19.24 billion in discretionary accounts and $1.67 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $291.5 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $833.21 million.

Eig Management Company has custody of $12.11 billion in cash and securities for 62 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 77% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Eig Management Company, 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 Eig Management Company serves?

The firm provides services to insurance companies, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Eig Management Company is pooled investment vehicles with 62 clients and $18.18 billion of assets under management. Among the 6 most similar advisory firms, Eig Management Company has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $20.91 billion for 67 clients. 43% of the firm’s clients are foreign persons or businesses.

Eig Management Company also advises several private funds. Namely, sixty private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Eig Management Company, LLC

The company employs 115 people that are either part- or full-time employees. 61 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 2 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.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 28 indirect owners.

Based in Washington

The principal office where Eig Management Company, LLC performs its advisory services is located at 1700 Pennsylvania Avenue, N.W., Washington, DC 20006, which is also the mailing address of the firm. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 202-600-3300 or by fax 202-600-3421. The normal business hours are 8 a.m. to 6 p.m. on Monday - Friday. You can find more information about the New York firm at eigpartners.com.

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