Mackay Shields LLC

RIASEC Registered

Total AUM

$160B

Discretionary

$160B

100% of AUM

Avg account

$436M

Accounts

366

Employees

206

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 107717
Registered since: April 11, 1969
Website: www.mackayshields.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 Companies42.41%
Insurance Companies18.17%
Pooled Investment Vehicles14.72%
Pension & Profit Sharing Plans8.52%
State / Municipal Government8.2%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPublication of Periodicals

Firm profile

FINTRX

Overview

Mackay Shields LLC is an SEC-registered investment adviser (registered in 1969) organized as an LLC and operating as a hedge-fund manager that serves both individual/family and institutional clients. The firm charges a combination of asset-based fees and performance fees and conducts activities consistent with commodity pool operator/commodity trading advisor (CPO/CTA) operations. Its advisory scope spans portfolio management for individuals, pooled vehicles, investment companies and institutional clients, and the firm also publishes market commentary or newsletters. Mackay Shields reports active ESG investing among its practices and maintains industry linkages that include broker-dealer relationships, trust and insurance company affiliations, sponsor/GP roles for pooled vehicles, and other adviser and pension-consulting connections.