Allen Investment Management, LLC

RIASEC RegisteredEst. 2003

Total AUM

$16.9B

Discretionary

$14.1B

83% of AUM

Avg account

$20.1M

Accounts

840

Employees

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 124454
Registered since: April 11, 2003
Website: www.allen.com
Custodians: NATIONAL FINANCIAL SERVICES LLC, CHARLES SCHWAB & CO., INC., PERSHING LLC, J.P. MORGAN SECURITIES INC.
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: HNWI99.71%
Pooled Investment Vehicles0.29%
Services: Portfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesSelection of Other Advisers

Firm profile

FINTRX

Overview

Allen Investment Management, LLC is an SEC-registered hedge-fund–style advisory organized as an LLC and operating since 2003. The firm serves both individual/family and institutional clients and provides discretionary portfolio management for individuals and pooled vehicles, along with selection of sub-advisers. Its compensation mix includes percentage-of-AUM fees, fixed fees and performance-based fees. Allen is not described as an active ESG investor and does not present itself as a multi-state adviser or a capital allocator to third-party managers. The firm also plays sponsor and general-partner roles for pooled vehicles; its industry affiliations include broker-dealer/sponsor activity and acting as GP/managing member of investment vehicles. Those operating roles align with the firm's advisory work for pooled funds and its use of performance-fee arrangements.