Tcw Asset Management Company LLC is a large advisory firm based in Los Angeles. It manages $42.65 billion of regulatory assets for 242 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California, Illinois, Massachusetts, and New York.
Tcw Asset Management Company 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.
The assets under management (AUM) of Tcw Asset Management Company LLC is $42.65 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 39% since the beginning of its operation, and $18.84 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Tcw Asset Management Company LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, charitable organizations, high net worth individuals, pooled investment vehicles, business development companies, 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 Tcw Asset Management Company is pooled investment vehicles with 70 clients and $13.46 billion of assets under management. Among the 9 most similar advisory firms, Tcw Asset Management Company has the 3rd lowest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $42.65 billion for 221 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 22% of the firm’s clients are foreign persons or businesses.
Tcw Asset Management Company also advises several private funds. Namely, eight hedge funds, seven other private funds, nine private equity funds, one venture capital fund, and twenty seven securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.
The company employs 382 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. 15 employees are registered as investment adviser representatives with the state securities authorities.
There are 6 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.
The principal office where Tcw Asset Management Company LLC performs its advisory services is located at 865 S Figueroa St, Los Angeles, CA 90017 2593, which is also the mailing address of the firm. An additional office of the firm is in Danville, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 213-244-0000 or by fax 213-244-0491. The normal business hours are 6:00 a.m - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at tcw.com.