Lord Abbett FIF Advisor provides investment advisory services to alternative investment funds and pooled investment vehicles. It selects and supervises a sub-advisor for a private credit strategy. The firm does not tailor its advisory services to the needs of individual investors. Prospective investors should review the Client Governing Documents to confirm the suitability of an investment.
Fee Structure
Lord Abbett FIF Advisor's investment advisory fees are expressed as an annual percentage of the client's average daily net assets, calculated daily, paid monthly, and deducted directly from client assets. The firm retains discretion to negotiate fees, considering factors like a client's circumstances, asset levels, and regulatory requirements. These fees do not include custodian fees or third-party service provider fees. Clients also incur transaction costs when buying and selling securities.