Lord, Abbett & Co. LLC is an independent global asset management firm founded in 1929 that provides discretionary and nondiscretionary investment management services to a broad range of clients, including institutional separate accounts, open-end mutual funds, interval funds, global funds, and managed account programs. The firm manages equity, fixed-income, private credit, and multi-asset class portfolios across a wide range of active investment strategies. Lord Abbett relies on a combination of fundamental and quantitative research to drive its investment process. While primarily focused on institutional and pooled investment vehicles, the firm also participates in wrap fee programs and separately managed account programs sponsored by financial institutions, offering strategies such as dividend growth, value equities, specialized municipal bonds, and fixed-income portfolios. Lord Abbett operates primarily from its office in Jersey City, New Jersey, and maintains several international and domestic subsidiary entities to support its global operations.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $10.0M | 0.75% |
| $10.0M - $50.0M | 0.50% |
| $50.0M - $100.0M | 0.35% |
| $100.0M - $200.0M | 0.25% |
| $200M+ | 0.20% |
Schedule represents Large Cap Value institutional strategy. Lord Abbett offers various strategies with distinct fee schedules, and fees are negotiable for larger accounts.