Logan Capital Management, Inc. is a large advisory firm based in Ardmore. It manages $1.43 billion of regulatory assets for 852 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 35 other states.
Logan Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and publication of newsletters. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Logan Capital Management, Inc. is $1.43 billion. The firm's AUM has gone down by -24% since the beginning of its operation, and $1.71 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Logan Capital Management, Inc. for their services and products based on a percentage of assets under management and fixed 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 firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Logan Capital Management is insurance companies with 10 clients and $468.56 million of assets under management. Among the 10 most similar advisory firms, Logan Capital Management has the highest percentage of insurance companies out of all clients.
The amount of regulatory assets under management is $1.4 billion for 839 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Logan Capital Management doesn't advise any private funds.
The company employs 31 people that are either part- or full-time employees. 26 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.
There are 3 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 Logan Capital Management, Inc. performs its advisory services is located at Six Coulter Avenue, Suite 2000, Ardmore, PA 19003, which is also the mailing address of the firm. An additional office of the firm is in Rosemont, PA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 215-569-1100 or by fax 215-851-9444. The normal business hours are 8:30 am-5:00 pm on Monday - Friday. You can find more information about the New York firm at logancapital.com.