Sprott Asset Management LP (Toronto, Ontario)

Name: Sprott Asset Management LP
Address: Royal Bank Plaza, South Tower, Toronto, Ontario, M5 J2 J1
Telephone: 416-943-8099

Sprott Asset Management LP is an adviser based in Toronto, Ontario. It manages $6.57 billion of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2011.

Sprott Asset Management provides 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.

Sprott Asset Management: assets under management

The assets under management (AUM) of Sprott Asset Management LP is $6.57 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 97% since the beginning of its operation, and $6.19 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $6.57 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $364.81 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sprott Asset Management LP for their services and products based on a percentage of assets under management 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.

What kind of clients Allan Jacobs serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Allan Jacobs is pooled investment vehicles with 17 clients and $6.38 billion of assets under management. Among the 6 most similar advisory firms, Sprott Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $6.57 billion for 18 clients. 78% of the firm’s clients are foreign persons or businesses.

Sprott Asset Management doesn't advise any private funds.

Careers at Sprott Asset Management LP

The company employs 10 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. No 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Allan Jacobs has been acting as President since 1 Sep 2008. John Anthony Ciampaglia joined the executive team most recently as the Ceo, Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Kirstin Heath Mctaggart	Chief compliance officer; director	1 Sep 2008	Other	5998638
James Robert Fox	Presidenct; director	1 Sep 2008	Other	5084558
Steven Paul Rostowsky	Chief financial officer; director	1 Sep 2008	Other	4381120
Inc. Sprott	Limited partner	1 Sep 2008	Other	foreign
Sprott Asset Management Gp Inc.	General partner	1 Sep 2008	75% - 100%	foreign
Eric Steven Sprott	Chief executive officer; director	1 Sep 2008	Other	4093484
Steven P. Rostowsky	Chief financial officer; director	1 Sep 2008	Other	4381120
Allan Jacobs	Director	1 Sep 2008	Other	4398153
Allan ("Nmn") Jacobs	Director	1 Sep 2008	Other	4398153
John Anthony Ciampaglia	Chief operating officer	1 Dec 2010	Other	5766085
John Noble George Wilson	Chief executive officer; director	1 Mar 2014	Other	4440637
Kevin Hibbert	Chief financial officer, director	1 Dec 2015	Other	6627459
John Anthony Ciampaglia	Ceo, director	1 Jul 2017	Other	5766085
Ahsan Ahmed	Chief compliance officer	1 Jul 2017	Other	6933362

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Eric Steven Sprott	Shareholder	1 May 2008	25% - 50%	4093484
Sprott Inc.	Shareholder	1 Jun 2009	75% - 100%	foreign

Based in Toronto, Ontario

The principal office where Sprott Asset Management LP performs its advisory services is located at Royal Bank Plaza, South Tower, Toronto, Ontario, M5 J2 J1, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 416-943-8099 or by fax 416-977-9555. The normal business hours are 8:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at sprott.com/.