Lubert Adler Management Company, L.P. (Philadelphia)
Lubert Adler Management Company, L.P. is a large advisory firm based in Philadelphia. It manages $2.94 billion of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Delaware, Georgia, and Pennsylvania.
Lubert Adler Management Company provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Lubert Adler Management Company: assets under management
The assets under management (AUM) of Lubert Adler Management Company, L.P. is $2.94 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 65% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Lubert Adler Management Company, L.P. 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 Ira Mark Lubert serves?
The only and largest group of clients of Ira Mark Lubert is pooled investment vehicles with 16 clients and $2.94 billion of assets under management. Among the 9 most similar advisory firms, Lubert Adler Management Company has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $2.94 billion for 16 clients. None of the firm’s clients are foreign persons or businesses.
Lubert Adler Management Company also advises several private funds. Namely, sixteen real estate funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.
Careers at Lubert Adler Management Company, L.P.
The company employs 25 people that are either part- or full-time employees. 76 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Ira Mark Lubert has been acting as President since 1 Apr 2000. Michelle Woods Vaughn joined the executive team most recently as the Chief Compliance Officer.
Direct owners and executive officers
Based in Philadelphia
The principal office where Lubert Adler Management Company, L.P. performs its advisory services is located at 2400 Market Street, Philadelphia, PA 19103 3033, which is also the mailing address of the firm. An additional office of the firm is in Atlanta, GA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 215-972-2200. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at lubertadler.com.
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