Invesco Advisers, Inc. is a large advisory firm based in Atlanta. It manages $658.41 billion of regulatory assets for 24,319 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Invesco Advisers provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and ia to canadian registered mutual funds; portfolio management for private funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Invesco Advisers: assets under management
The assets under management (AUM) of Invesco Advisers, Inc. is $658.41 billion. The firm's AUM has grown by 182% since the beginning of its operation, and $44.67 billion of the total AUM is attributable to clients outside of the United States.
The firm manages $646.73 billion in discretionary accounts and $11.68 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $122.56 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $613.4 thousand.
Invesco Advisers has custody of $8.33 billion in cash and securities for 66 clients in total but doesn’t act as a qualified custodian.
Investments
The firm invests in other assets the most. They account for 49% of the total AUM. The second-largest asset type is exchange traded securities, which make up 23% of the firm’s portfolio. Investments in government bonds form 13% of the total invested assets.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Invesco Advisers, Inc. 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 Kevin Michael Carome serves?
The firm provides services to insurance companies, investment companies, charitable organizations, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Kevin Michael Carome is investment companies with 279 clients and $454.57 billion of assets under management. Among the 10 most similar advisory firms, Invesco Advisers has the 4th highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $622.13 billion for 660 clients. 1% of the firm’s clients are foreign persons or businesses.
Invesco Advisers also advises several private funds. Namely, thirty two hedge funds, two liquidity funds, three real estate funds, twenty one other private funds, and two private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $12,000,000.
Careers at Invesco Advisers, Inc.
The company employs 3,183 people that are either part- or full-time employees. 28 percent of the employees work as investment advisers or researchers. 293 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Kevin Michael Carome has been acting as President since 1 Jan 2010. Invesco Holding Company Limited joined the executive team most recently as the Sole Shareholder.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 15 indirect owners.Based in Atlanta
The principal office where Invesco Advisers, Inc. performs its advisory services is located at 1555 Peachtree Street, N.E., Atlanta, GA 30309 The mailing address of the firm is 11 Greenway Plaza, Houston, TX 77046. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 404-892-0896 or by fax 404-439-4911. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at invesco.com.
