How does the advisor help clients – Key Takeaways:
Fred Alger Management, LLC is a financial management company that aims to provide its clients with expert and personalized financial advice. The company offers a range of services and caters to a diverse group of clients, including individuals, corporations, and institutions. With a strong focus on research and analysis, Fred Alger Management, LLC strives to help its clients achieve their financial goals while building long-term relationships with them.
Facts and Insights
Fred Alger Management, LLC was founded in 1964 by Fred Alger, who believed in a strong research-based investment approach. Today, the company manages over $30.7 billion in assets for its clients and has a team of over 60 experienced financial advisors.
The company’s investment philosophy is centered on the concept of “Dynamic Growth” and focuses on investing in companies with strong growth potential, regardless of their size or industry. This approach has proven to be successful for the company and its clients, with many of its investment strategies outperforming their respective benchmarks.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | $30.7 billion |
|---|---|
| Number of Advisors | 60+ |
| Time in Business | Since 1964 |
Financial Services Offered
Fred Alger Management, LLC offers a variety of financial services tailored to meet the specific needs of its clients. These include:
- Investment management
- Retirement planning
- Estate planning
- Tax planning
- Education planning
- Portfolio analysis
- Risk management
Client Types
Fred Alger Management, LLC serves a diverse range of clients, including:
- Individuals
- Corporations
- Institutions
Fees & Compensation
Fred Alger Management, LLC charges a fee based on a percentage of assets under management. This fee structure aligns the company’s interests with those of its clients, as the company’s compensation is directly tied to the performance of the client’s investments. This also encourages the company to strive for long-term success and build strong relationships with its clients.
Background
Fred Alger Management, LLC was founded in 1964 by Fred Alger, who served as the company’s CEO until 2001. Under his leadership, the company grew significantly and became a well-respected name in the financial industry. Today, the company is led by CEO Daniel Chung, who has over 20 years of experience in financial management and has been with the company since 2004.
Financial Advisor Disclosures to Know
As a financial advisor, Fred Alger Management, LLC is committed to maintaining transparency and adhering to all necessary regulations. Some important disclosures to note include the company’s registration with the Securities and Exchange Commission (SEC) and its adherence to the fiduciary standard, which requires the company to act in the best interest of its clients at all times.