Glenmede Investment Management, LP (Philadelphia)

Name: Glenmede Investment Management, LP
Address: 1650 Market Street, One Liberty Place, Philadelphia, PA, 19103
Telephone: 215-419-6000

Glenmede Investment Management, LP is a large advisory firm based in Philadelphia. It manages $15.28 billion of regulatory assets for 2,144 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Glenmede Investment Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and provide model portfolio for overlay accounts. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Glenmede Investment Management: assets under management

The assets under management (AUM) of Glenmede Investment Management, LP is $15.28 billion. The firm's AUM has grown by 198% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $14.59 billion in discretionary accounts and $689.93 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $6.84 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $62.72 million.

Investments

The firm invests in exchange traded securities the most. They account for 75% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 13% of the firm’s portfolio. Investments in government bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Glenmede Investment Management, LP for their services and products based on a percentage of assets under management. 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 James Robert Belanger serves?

The firm provides services to insurance companies, investment companies, charitable organizations, other investment advisers, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of James Robert Belanger is investment companies with 20 clients and $10.7 billion of assets under management. Among the 11 most similar advisory firms, Glenmede Investment Management has the 2nd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $15.28 billion for 2,144 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Glenmede Investment Management doesn't advise any private funds.

Careers at Glenmede Investment Management, LP

The company employs 47 people that are either part- or full-time employees. 51 percent of the employees work as investment advisers or researchers. 8 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.

James Robert Belanger has been acting as President since 1 Jan 2007. Scott William Mcgough joined the executive team most recently as the Director Of Fixed Income, Gtc.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Laura Anntonina Larosa	Director of fixed income management	1 Nov 1994	Other	714230
James Robert Belanger	Director/chief legal officer	1 Jan 2007	Other	4370853
N.A. The Glenmede Trust Company	Limited partner/owner	1 Jan 2007	75% - 100%	23-1512117
Mary Ann Bridger Wirts	Director, chief administrative officer	1 Jan 2007	Other	4370973
Gordon Blackford Fowler	Director, chief investment officer	1 Jan 2007	Other	4714921
Laura Ann Williamson	Director/executive officer	1 Jan 2007	Other	4518005
Llc Gatepost Partners	General partner/owner	1 Jan 2007	Other	20-8110750
Albert Edward Piscopo	Managing partner/executive officer	1 Jan 2007	Other	4370857
Gordon Bruce Fowler	Managing partner, chief investment officer	1 Jan 2007	Other	4714921
Marlene Louise Timberlake Dadamo	Chief compliance officer	1 Jan 2007	Other	3058534
Peter John Zuleba	Director/executive officer	1 Apr 2010	Other	3081926
Maria Rose Mcgarry	Chief compliance officer	1 Sep 2011	Other	4418483
Scott William Mcgough	Director of fixed income, gtc	1 Jan 2014	Other	4370982

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
The Glenmede Corporation	100% owner of glenmede trust company	1 Jun 2000	75% - 100%	22-2228772

Based in Philadelphia

The principal office where Glenmede Investment Management, LP performs its advisory services is located at 1650 Market Street, One Liberty Place, Philadelphia, PA 19103, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 215-419-6000 or by fax 215-640-3771. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at glenmedeim.com.