Putnam Investment Management, LLC

RIASEC RegisteredEst. 1971

Total AUM

$117B

Discretionary

$111B

94% of AUM

Avg account

$7.1M

Accounts

16,432

Employees

139

Advisory reps

Firm details

Headquarters: Boston, Massachusetts
CRD number: 106629
Registered since: November 19, 1971
Website: www.putnam.com
Custodians: MERRILL LYNCH, PIERCE, FENNER & SMITH, INC., MORGAN STANLEY & CO. LLC, RAYMOND JAMES & ASSOCIATES, INC.
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Investment Companies89%
Other Investment Advisers5.7%
Individuals2.72%
Pooled Investment Vehicles1.24%
Insurance Companies0.65%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment Vehicles

Firm profile

FINTRX

Overview

Putnam Investment Management, LLC is an SEC-registered investment adviser formed as a limited liability company in 1971. The firm serves a mix of individual and family clients as well as institutional investors, operating across portfolio management for individuals and small businesses, investment companies, and pooled investment vehicles. Putnam functions in a number of roles beyond advisory work—it is active as a sponsor or manager of pooled vehicles and operates CPO/CTA activities—and it reports using a fee model that includes asset-based fees and performance-based fees. The firm identifies itself as an active ESG investor.