Spectrum Asset Management, Inc. (Stamford)

Spectrum Asset Management, Inc. is a large advisory firm based in Stamford. It manages $18.49 billion of regulatory assets for 64 client accounts. It has been registered with the SEC as an adviser since 2000 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Spectrum Asset Management provides portfolio management for individuals and small businesses, 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.

Spectrum Asset Management: assets under management

The assets under management (AUM) of Spectrum Asset Management, Inc. is $18.49 billion. The firm's AUM has grown by 1132% since the beginning of its operation, and $4.78 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $15.09 billion in discretionary accounts and $3.4 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $307.98 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $226.34 million.

Spectrum Asset Management has custody of $42 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment grade corporate bonds the most. They account for 79% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 16% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Spectrum Asset Management, Inc. 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 Ralph Craig Eucher serves?

The firm provides services to insurance companies, investment companies, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Ralph Craig Eucher is investment companies with 7 clients and $8.72 billion of assets under management. Among the 12 most similar advisory firms, Spectrum Asset Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $18.43 billion for 62 clients. 20% of the firm’s clients are foreign persons or businesses.

Spectrum Asset Management also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Spectrum Asset Management, Inc.

The company employs 21 people that are either part- or full-time employees. 48 percent of the employees work as investment advisers or researchers. 3 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 receive compensation from other entities for client referrals.

Ralph Craig Eucher has been acting as President since 1 Sep 2001. Llc Principal Global Investors Holding Company (Us) joined the executive team most recently as the Owner.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 20 indirect owners.

Based in Stamford

The principal office where Spectrum Asset Management, Inc. performs its advisory services is located at 2 High Ridge Park, Stamford, CT 06905, 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 203-322-0189 or by fax 203-968-6082. The normal business hours are 8am - 5:30pm on Monday - Friday. You can find more information about the New York firm at samipfd.com.

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