Manning & Napier Advisors, LLC is a large advisory firm based in Fairport. It manages $19.93 billion of regulatory assets for 5,322 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Manning & Napier Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, educational seminars and workshops, and see schedule d. It prepares financial plans for approximately 660 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Manning & Napier Advisors, LLC is $19.93 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -49% since the beginning of its operation, and $378.56 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Manning & Napier Advisors, 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 individuals, insurance companies, investment companies, charitable organizations, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Jeffrey Scott Coons is investment companies with 2 clients and $5.26 billion of assets under management. Among the 12 most similar advisory firms, Manning & Napier Advisors has the 5th highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $19.28 billion for 4,423 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Manning & Napier Advisors doesn't advise any private funds.
The company employs 321 people that are either part- or full-time employees. 51 percent of the employees work as investment advisers or researchers. 50 employees are registered as investment adviser representatives with the state securities authorities.
There are 16 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.
Jeffrey Scott Coons has been acting as President since 1 Oct 2011. Gregory Scott Woodard joined the executive team most recently as the Managing Director, Wealth Management.
The principal office where Manning & Napier Advisors, LLC performs its advisory services is located at 290 Woodcliff Drive, Fairport, NY 14450, which is also the mailing address of the firm. An additional office of the firm is in Dublin, OH. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 585-325-6880 or by fax 585-325-3266. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at manning-napier.com.