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Demontae Foots

18 Years of Experience
Jersey City, NJ
Broker

Demontae Foots is a registered investment advisor at Lord, Abbett & CO. LLC, based in Jersey City, NJ, with 18 years of industry experience. Demontae operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 25,775 clients with $270B in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
194 advisors
Number of Clients
25,775 clients
Average Client Portfolio
$10.5M average
Assets Under Management
$270.4B

Fee Structure

Minimum Investment:$10M
Investment management only (planning not offered)

Lord Abbett's investment advisory fees are typically based on a percentage of the value of the account. Fees are set based on the investment strategy and the type and level of services provided. Fees for institutional client accounts are normally billed and payable in arrears based on month- or quarter-end assets. Fees for Managed Account Programs vary depending on the Sponsor or reasonable client request.

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Location

30 Hudson Street, Jersey City, NJ, 07302-4804

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

Demontae is the treasurer of Advocates for Youth Education Indianapolis, a non-profit providing scholarships, dedicating minimal time. He also owns DCJ Ventures, an LLC for real estate investment and small business acquisition, dedicating a few hours per week.

Employment History
Current Registrations
Lord, Abbett & CO. LLC
May 2024 - Present · 2 yrs
Lord Abbett Distributor LLCBroker
May 2024 - Present · 2 yrs
Previous Registrations
Allspring Funds Management, LLC
September 2008 - March 2024 · 15 yrs 6 mos
Allspring Funds Distributor, LLCBroker
January 2008 - March 2024 · 16 yrs 2 mos
State Registrations4 states
INKYNJOH
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.