Rait Partnership, LP is a large advisory firm based in Philadelphia. It manages $1.99 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of Pennsylvania.
Rait Partnership provides portfolio management for businesses and institutional clients and manage cdo securitizations. 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 Rait Partnership, LP is $1.99 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Rait Partnership, LP for their services and products based on a percentage of assets under management. 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.
Scott Schaeffer has been acting as President since 1 Sep 2000. Anders Frederick Laren joined the executive team most recently as the Chief Compliance Officer.
The principal office where Rait Partnership, LP performs its advisory services is located at Cira Centre, 17 Th Floor, Philadelphia, PA 19104, 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 215-243-9036 or by fax 215-243-9089. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at www.raitft.com.