Intech Investment Management LLC (West Palm Beach)


Intech Investment Management LLC is a large advisory firm based in West Palm Beach. It manages $44.63 billion of regulatory assets for 164 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arizona, California, Colorado, and 20 other states.

Intech Investment Management provides portfolio management for investment companies, 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.

Intech Investment Management: assets under management

The assets under management (AUM) of Intech Investment Management LLC is $44.63 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 5% since the beginning of its operation, and $23.13 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $44.63 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $272.11 million each.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio. Investments in derivatives form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Intech Investment 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.

What kind of clients Intech Investment Management serves?

The firm provides services to investment companies, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Intech Investment Management is pension and profit sharing plans with 74 clients and $13.93 billion of assets under management. Among the 10 most similar advisory firms, Intech Investment Management has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $44.19 billion for 160 clients. 30% of the firm’s clients are foreign persons or businesses.

Intech Investment Management also advises several private funds.

Careers at Intech Investment Management LLC

The company employs 80 people that are either part- or full-time employees. 34 percent of the employees work as investment advisers or researchers. No 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 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


Name Entity Date acquired Ownership Employer ID
Berger Financial Group Llc Owner 1 Feb 2002 75% - 100% 105125
Robert Andrew Garvy Chairman & ceo 1 Mar 2002 Other 218478
Erhard Robert Fernholz Director, executive vp & cio 1 Mar 2002 Other 1082443
Janus Capital Management Llc Owner 1 Jan 2003 75% - 100% 104652
Justin Boyle Wright Vp, general counsel & secretary 1 Aug 2005 Other 4172717
Patricia Elizabeth Flynn Svp & chief compliance officer 1 Dec 2005 Other 5067089
Lance Victor Campbell Evp & chief financial officer 1 Jan 2007 Other 2592648
Jennifer Young President & co-ceo 1 Dec 2008 Other 2881867
Adrian Banner Co-cio 1 Dec 2008 Other 4667302
Justin Boyle Wright Evp, chief administrative officer & general counsel 1 Nov 2012 Other 4172717
Adrian Banner Chief executive officer & chief investment officer 1 Nov 2012 Other 4667302
Justin Boyle Wright Evp, chief operating officer & general counsel 1 Apr 2015 Other 4172717

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Janus Capital Group Inc. Shareholder 1 Jan 2003 75% - 100% 84-0765359
Janus Henderson Group Plc Shareholder 1 May 2017 75% - 100% foreign entity

Based in West Palm Beach

The principal office where Intech Investment Management LLC performs its advisory services is located at 250 S. Australian Ave, West Palm Beach, FL 33401, which is also the mailing address of the firm. An additional office of the firm is in Princeton, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (561)775-1100 or by fax (561)775-6489. The normal business hours are 9:00 a.m - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at intechjanus.com and its LinkedIn profile.