Sprott Asset Management LP is an adviser based in Toronto, Ontario. It manages $6.57 billion of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2011.
Sprott Asset Management provides portfolio management for investment companies and portfolio management for pooled investment vehicles. 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 Sprott Asset Management LP is $6.57 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 97% since the beginning of its operation, and $6.19 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Sprott Asset Management LP 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 firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Allan Jacobs is pooled investment vehicles with 17 clients and $6.38 billion of assets under management. Among the 6 most similar advisory firms, Sprott Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $6.57 billion for 18 clients. 78% of the firm’s clients are foreign persons or businesses.
Sprott Asset Management doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Allan Jacobs has been acting as President since 1 Sep 2008. John Anthony Ciampaglia joined the executive team most recently as the Ceo, Director.
The principal office where Sprott Asset Management LP performs its advisory services is located at Royal Bank Plaza, South Tower, Toronto, Ontario, M5 J2 J1, 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 416-943-8099 or by fax 416-977-9555. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at sprott.com/.