Hermes Investment Management Limited is a large advisory firm based in London. It manages $23.83 billion of regulatory assets for 46 client accounts. It has been registered with the SEC as an adviser since 2010.
Hermes Investment Management Limited 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.
The assets under management (AUM) of Hermes Investment Management Limited is $23.83 billion. The firm's AUM has gone down by -4% since the beginning of its operation, and $21.83 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Hermes Investment Management Limited for their services and products based on a percentage of assets under management, fixed fees, 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 insurance companies, investment companies, other investment advisers, pooled investment vehicles, banking or thrift institutions, 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 Michelle Simone Green is pooled investment vehicles with 13 clients and $10.77 billion of assets under management. Among the 7 most similar advisory firms, Hermes Investment Management Limited has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $23.74 billion for 46 clients. 92% of the firm’s clients are foreign persons or businesses.
Hermes Investment Management Limited also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 366 people that are either part- or full-time employees. 37 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 receive compensation from other entities for client referrals.
Michelle Simone Green has been acting as President since 1 Jul 2013. Federated Holdings (Uk) Ii Limited joined the executive team most recently as the Shareholder.
The principal office where Hermes Investment Management Limited performs its advisory services is located at 150 Cheapside, London, Ec2 V 6 Et, 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 +44 207 702 0888 or by fax +44 207 702 9452. The normal business hours are 9am - 5pm gmt on Monday - Friday. You can find more information about the New York firm at hermes-investment.com.