Pilgrim Baxter & Associates Ltd is a large advisory firm based in Wayne. It manages $6.2 billion of regulatory assets for 34 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Pilgrim Baxter & Associates provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and pension consulting 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 Pilgrim Baxter & Associates Ltd is $6.2 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -61% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Pilgrim Baxter & Associates Ltd 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.
Michael John Levett has been acting as President since 1 Jan 2001. Lee Thomas Cummings joined the executive team most recently as the Vice President And Sales And Marketing Director.
The principal office where Pilgrim Baxter & Associates Ltd performs its advisory services is located at 1400 Liberty Ridge Drive, Wayne, PA 19087 5593, 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 610-647-4100 or by fax 610-722-5843. The normal business hours are 8:30-5:30 on Monday - Friday. You can find more information about the New York firm at uam.com.