Mount Lucas Management LP is a large advisory firm based in Newtown. It manages $1.25 billion of regulatory assets for 26 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdiction of Pennsylvania.
Mount Lucas Management provides portfolio management for individuals and small businesses, 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.
The assets under management (AUM) of Mount Lucas Management LP is $1.25 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -32% since the beginning of its operation, and $522.4 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Mount Lucas Management LP for their services and products based on a percentage of assets under management 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 investment companies and pooled investment vehicles. The largest group of clients of Timothy John Rudderow is investment companies with 4 clients and $512.6 million of assets under management. Among the 9 most similar advisory firms, Mount Lucas Management has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $989.9 million for 19 clients. 19% of the firm’s clients are foreign persons or businesses.
Mount Lucas Management also advises several private funds. Namely, two hedge funds and one other private fund. The minimum investment commitment required of non-related persons ranges from $25,000 to $1,000,000.
The company employs 18 people that are either part- or full-time employees. 28 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 3 people 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.
Timothy John Rudderow has been acting as President since 1 Sep 1999. Gregory J Cox joined the executive team most recently as the Chief Compliance Officer.
The principal office where Mount Lucas Management LP performs its advisory services is located at 405 South State Street, Newtown, PA 18940, 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 267-759-3500 or by fax 267-759-3501. The normal business hours are 0830 - 1700 on Monday - Friday. You can find more information about the New York firm at mtlucas.com.