Barings LLC is a large advisory firm based in Charlotte. It manages $246.84 billion of regulatory assets for 303 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Barings provides 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, and port mngt for funds exempt from registration as private invest co; real estate (debt and equity) advisory services. 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 Barings LLC is $246.84 billion. The firm's AUM has grown by 13% since the beginning of its operation, and $37.7 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Barings LLC for their services and products based on a percentage of assets under management, fixed fees, 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.
The firm provides services to insurance companies, investment companies, charitable organizations, pooled investment vehicles, banking or thrift institutions, business development companies, corporations or other businesses, pension and profit sharing plans, and sovereign wealth funds and foreign official institutions. The largest group of clients of Barings is insurance companies with 63 clients and $178.96 billion of assets under management. Among the 10 most similar advisory firms, Barings has the 2nd highest percentage of insurance companies out of all clients.
The amount of regulatory assets under management is $246.84 billion for 303 clients. 31% of the firm’s clients are foreign persons or businesses.
Barings also advises several private funds. Namely, six hedge funds, nine other private funds, ten private equity funds, and twenty two securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.
The company employs 1,191 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 8 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 receive compensation from other entities for client referrals.
The principal office where Barings LLC performs its advisory services is located at 300 S. Tryon Street, Charlotte, NC 28202, which is also the mailing address of the firm. An additional office of the firm is in Hartford, CT. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 704-805-7200 or by fax 704-805-7302. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at barings.com.