Lehman Brothers Asset Management LLC (Chicago)

Name: Lehman Brothers Asset Management LLC
Address: 190 South Lasalle Street, Chicago, IL, 60603
Telephone: 312-325-7700

Lehman Brothers Asset Management LLC is a large advisory firm based in Chicago. It manages $73.46 billion of regulatory assets for 7,656 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Lehman Brothers Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and 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.

Lehman Brothers Asset Management: assets under management

The assets under management (AUM) of Lehman Brothers Asset Management LLC is $73.46 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 66% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $73.46 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $9.59 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lehman Brothers Asset Management LLC 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.

Careers at Lehman Brothers Asset Management LLC

Richard William Knee has been acting as President since 1 Jan 2003. Llc Nbsh Acquisition joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lehman Brothers Holdings Inc.	Sole shareholder	1 Dec 2002	75% - 100%	13-3216325
Richard William Knee	Director	1 Jan 2003	Other	4347418
Theodore Peter Janulis	Director	1 Jan 2003	Other	1431393
Lori Ann Loftus	Chief compliance officer	1 Jan 2003	Other	4649994
Bradley Curtis Tank	Ceo and director	1 Jan 2004	Other	1060650
Joseph Vincent Amato	Director	1 May 2006	Other	2210305
Edward Stephen Grieb	Chief financial officer	1 Dec 2008	Other	4351191
Andrew Aurelius Johnson	Director	1 Apr 2009	Other	4347413
Neuberger Berman Fixed Income Holdings Llc	Member	1 May 2009	75% - 100%	32-0276332

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Neuberger Berman Group Llc	Member	1 Feb 2009	75% - 100%	61-1591182
Lehman Brothers Holdings Inc.	Member	1 Feb 2009	25% - 50%	13-3216325
Llc Nbsh Acquisition	Member	1 May 2009	50% - 75%	26-4383171

Based in Chicago

The principal office where Lehman Brothers Asset Management LLC performs its advisory services is located at 190 South Lasalle Street, Chicago, IL 60603, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 312-325-7700 or by fax 212-299-0238. The normal business hours are 8:30a.m. - 5:00p.m. on Monday - Friday. You can find more information about the New York firm at www.lincap.com.