The Stagwell Group LLC (Washington)

The Stagwell Group LLC is a large advisory firm based in Washington. It manages $877 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of District of Columbia.

The Stagwell Group provides 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.

The Stagwell Group: assets under management

The assets under management (AUM) of The Stagwell Group LLC is $877 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 251% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $877 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $877 million each.

The Stagwell Group has custody of $720 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay The Stagwell Group LLC for their services and products based on 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.

What kind of clients The Stagwell Group serves?

The only and largest group of clients of The Stagwell Group is pooled investment vehicles with 1 clients and $877 million of assets under management. Among the 10 most similar advisory firms, The Stagwell Group has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $877 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

The Stagwell Group also advises several private funds. Namely, one private equity fund.

Careers at The Stagwell Group LLC

The company employs 15 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Jason F Reid has served as the Chief Investment Officer since 1 Oct 2018. Beth Lester Sidhu joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark Jeffrey Penn	Managing member and chief compliance officer	1 Dec 2014	75% - 100%	6463463
Jay Robert Leveton	Partner	1 Jul 2015	Other	6622712
Ryan Joseph Greene	Chief financial officer and chief compliance officer	1 Sep 2015	Other	6622715
Beth Lester Sidhu	Chief operating officer	1 Dec 2015	Other	6622716
Jason F Reid	Chief investment officer	1 Oct 2018	Other	4660506

Based in Washington

The principal office where The Stagwell Group LLC performs its advisory services is located at 1808 I Street Nw, Washington, DC 20006, 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 (917) 765-8196 or by fax (202) 403-3567. The normal business hours are 9:00am - 6:00pm on Monday - Friday.