Lord Abbett is an independent global asset management firm that provides investment management services to a variety of clients, including retirement plans, corporations, public funds, foundations, endowments, insurance companies, and pooled investment vehicles. Lord Abbett manages equity, fixed-income, private credit, and multi-asset class portfolios. Lord Abbett also provides investment management services through wrap fee programs.
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.