Lighthouse Investment Partners, LLC is a large advisory firm based in Palm Beach Gardens. It manages $56.75 billion of regulatory assets for 191 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida, Illinois, and New York.
Lighthouse Investment Partners provides portfolio management for pooled investment vehicles, selection of other advisers, and non-discretionary advice on economic, financial and risk matters provided to the advisory committee of non-us asset manager. 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 Lighthouse Investment Partners, LLC is $56.75 billion. The firm's AUM has grown by 1252% since the beginning of its operation, and $31.26 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Lighthouse Investment Partners, LLC 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 only and largest group of clients of Keith Eugene Mitchell is pooled investment vehicles with 184 clients and $54.97 billion of assets under management. Among the 8 most similar advisory firms, Lighthouse Investment Partners has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $54.97 billion for 184 clients. 82% of the firm’s clients are foreign persons or businesses.
Lighthouse Investment Partners also advises several private funds. Namely, one hundred fifty hedge funds and one other private fund. The minimum investment commitment required of non-related persons ranges from $0 to $100,000,000.
The company employs 134 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There are 21 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.
Keith Eugene Mitchell has been acting as President since 1 Jan 2006. Cesar Daniel Alvarez joined the executive team most recently as the Chief Compliance Officer.
The principal office where Lighthouse Investment Partners, LLC performs its advisory services is located at 3801 Pga Blvd., Palm Beach Gardens, FL 33410, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 561-741-0820 or by fax 561-748-9046. The normal business hours are 8:30 a.m. to 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at globeop.com.