Lasalle Investment Management Securities, LLC (Baltimore)


Lasalle Investment Management Securities, LLC is a large advisory firm based in Baltimore. It manages $5.5 billion of regulatory assets for 32 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Illinois, Maryland, and Texas.

Lasalle Investment Management Securities provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lasalle Investment Management Securities: assets under management

The assets under management (AUM) of Lasalle Investment Management Securities, LLC is $5.5 billion. The firm's AUM has gone down by -32% since the beginning of its operation, and $4.97 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.41 billion in discretionary accounts and $91.86 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $208.02 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $15.31 million.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lasalle Investment Management Securities, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Kimball C Woodrow serves?

The firm provides services to investment companies, high net worth individuals, and pooled investment vehicles. The largest group of clients of Kimball C Woodrow is pooled investment vehicles with 13 clients and $4.9 billion of assets under management. Among the 11 most similar advisory firms, Lasalle Investment Management Securities has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.08 billion for 20 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 56% of the firm’s clients are foreign persons or businesses.

Lasalle Investment Management Securities doesn't advise any private funds.

Careers at Lasalle Investment Management Securities, LLC

The company employs 54 people that are either part- or full-time employees. 87 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 8 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Kimball C Woodrow has been acting as President since 1 Jan 2007. Lisa L Kaufman joined the executive team most recently as the Managing Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Lasalle Investment Management Inc. Member 1 Mar 1999 75% - 100% 109307
Gordon Repp Chief legal officer 1 Sep 2003 Other 4939771
Stanley Jr. Kraska Managing director 1 Sep 2003 Other 1569534
Keith Richard Pauley Managing director 1 Sep 2003 Other 1587688
Kimball C Woodrow President 1 Jan 2007 Other 4365594
David Doherty Chief compliance officer 1 Jul 2007 Other 5382164
Joseph J Romenesko Treasurer 1 Jan 2008 Other 5580555
Peggy Burns Managing director 1 Jun 2010 Other 5632658
Matthew Sgrizzi Managing director 1 May 2015 Other 5576299
Lisa L Kaufman Managing director 1 Sep 2016 Other 7009901

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Jones Lang Lasalle Incorporated Shareholder 1 Apr 1997 75% - 100% 36-4150422

Based in Baltimore

The principal office where Lasalle Investment Management Securities, LLC performs its advisory services is located at 100 East Pratt Street, Baltimore, MD 21202, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 410-878-4800 or by fax 410-878-4889. The normal business hours are 8:30am 5:30pm est on Monday - Friday. You can find more information about the New York firm at joneslanglasalle.com.