Legion Partners Asset Management, LLC is a large advisory firm based in Beverly Hills. It manages $377.1 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.
Legion Partners Asset Management provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. 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 Legion Partners Asset Management, LLC is $377.1 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 46% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Legion Partners Asset Management, LLC 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 only and largest group of clients of Legion Partners Asset Management is pooled investment vehicles with 6 clients and $377.1 million of assets under management. Among the 12 most similar advisory firms, Legion Partners Asset Management has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $377.1 million for 6 clients. None of the firm’s clients are foreign persons or businesses.
Legion Partners Asset Management also advises several private funds. Namely, six hedge funds. The minimum investment commitment required of non-related persons ranges from $35,000 to $3,000,000.
The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 5 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Legion Partners Asset Management, LLC performs its advisory services is located at 9401 Wilshire Blvd, Beverly Hills, CA 90212, which is also the mailing address of the firm. An additional office of the firm is in Shingle Springs, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 424-253-1774. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at legionpartners.com.