Aqr Capital Management, LLC is a large advisory firm based in Greenwich. It manages $270.09 billion of regulatory assets for 470 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut and Texas.
Aqr Capital Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and model portfolio recommendations. 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 Aqr Capital Management, LLC is $270.09 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 30592% since the beginning of its operation, and $172.26 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Aqr Capital Management, 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.
The firm provides services to investment companies, pooled investment vehicles, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Aqr Capital Management is pooled investment vehicles with 256 clients and $159.65 billion of assets under management. Among the 11 most similar advisory firms, Aqr Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $269.76 billion for 467 clients. 49% of the firm’s clients are foreign persons or businesses.
Aqr Capital Management also advises several private funds. Namely, one hundred twenty hedge funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.
The company employs 1,018 people that are either part- or full-time employees. 43 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.
The principal office where Aqr Capital Management, LLC performs its advisory services is located at Two Greenwich Plaza, Greenwich, CT 06830, 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 203-742-3600 or by fax 203-742-3100. The normal business hours are 8:30 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at aqrfunds.com.