JENNISON ASSOCIATES

RIASEC RegisteredEst. 1969

Total AUM

$215B

Discretionary

$215B

100% of AUM

Avg account

$35.3M

Accounts

6,083

Employees

360

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 107959
Registered since: April 16, 1969
Website: www.jennison.com
Custodians: THE BANK OF NEW YORK MELLON, THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, STATE STREET BANK AND TRUST COMPANY
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Investment Companies51.58%
Pooled Investment Vehicles19.81%
Pension & Profit Sharing Plans16.74%
State / Municipal Government4.99%
Sovereign Wealth Funds2.88%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Jennison Associates is a long-established SEC-registered investment adviser (since 1969) organized as an LLC that serves both individual/family and institutional clients. The firm provides portfolio management across individual accounts, pooled investment vehicles and investment companies, and it also acts in CPO/CTA capacities and as sponsor or managing member for pooled vehicles. Its client billing mixes asset-based fees and performance-linked fees, which aligns with its classification that includes hedge fund and other fund-provider activities. The firm reports being an active ESG investor, integrating environmental, social and governance considerations into its investment process. Jennison’s operational footprint includes roles commonly found across the financial services ecosystem — affiliations with broker-dealers, trust companies and insurance firms — indicating a multi-faceted product and distribution infrastructure beyond pure discretionary management.