Columbia Wanger Asset Management, LLC (Chicago)

Name: Columbia Wanger Asset Management, LLC
Address: 227 W Monroe, Chicago, IL, 60606 5016
Telephone: 312-634-9200

Columbia Wanger Asset Management, LLC is a large advisory firm based in Chicago. It manages $9.45 billion of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Illinois.

Columbia Wanger Asset Management provides 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.

Columbia Wanger Asset Management: assets under management

The assets under management (AUM) of Columbia Wanger Asset Management, LLC is $9.45 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -65% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $9.45 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.05 billion each.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Columbia Wanger Asset Management, LLC 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.

What kind of clients Michael Anthony Jones serves?

The firm provides services to investment companies, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Michael Anthony Jones is investment companies with 10 clients and $8.51 billion of assets under management. Among the 8 most similar advisory firms, Columbia Wanger Asset Management has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $9.45 billion for 14 clients. None of the firm’s clients are foreign persons or businesses.

Columbia Wanger Asset Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Columbia Wanger Asset Management, LLC

The company employs 55 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Michael Anthony Jones has been acting as President since 1 Nov 2007. Colin Moore joined the executive team most recently as the Global Chief Investment Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Charles Peter Mcquaid	Various to president, director and chief investment officer	1 Jun 1992	Other	841655
Bruce Harry Lauer	Various to cfo, treasurer, director and coo	1 Apr 1995	Other	1341459
Joseph Charles Lapalm	Chief compliance officer	1 Dec 2005	Other	2712443
Michael Anthony Jones	Director	1 Nov 2007	Other	4357853
Llc Columbia Management Investment Advisers	Managing member	1 May 2010	75% - 100%	108257
Robert A Mohn	Chief investment officer, director	1 Apr 2014	Other	5777359
P Zachary Egan	President, chief investment officer and director	1 Apr 2014	Other	5777342
Alan Glenn Berkshire	Chief operating officer	1 Apr 2015	Other	2969585
John Michael Kunka	Chief financial officer	1 Apr 2015	Other	3119962
Colin Moore	Global chief investment officer	1 Jul 2018	Other	5393486

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Ameriprise Financial	Managing member	1 May 2010	75% - 100%	6320

Based in Chicago

The principal office where Columbia Wanger Asset Management, LLC performs its advisory services is located at 227 W Monroe, Chicago, IL 60606 5016, 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 312-634-9200 or by fax 312-634-0267. The normal business hours are 8:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at columbiathreadneedle.com/us.