Mesirow has $205.6 billion in assets under supervision as of 9.30.2022 unless otherwise noted below. This comprises $114.7 billion in non-securities currency assets under management, $46.5 billion in assets under advisement and $44.4 billion in regulatory assets under management (i.e., securities) “Assets under supervision” includes regulatory assets under management; assets under advisement; and non-securities currency assets under management. For these purposes: (1) regulatory assets under management (“RAUM”) is calculated in accordance with Instruction 5A of Form ADV and includes all assets of securities portfolios (both discretionary and non-discretionary). (2) Some assets under advisement (“AUA”) are on a 45-to-90-day lag due to time needed to confirm away assets. (3) currency assets under management includes AUM associated with (i) active and passive currency risk management products $114.06 billion, (ii) non-fx overlay strategies such as equitization and beta overlays $658.56 million, and (iii) alpha strategies $33,491,356. In all such cases, AUM is calculated based on notional value of currency investments. Additionally, AUM for alpha strategies is adjusted because clients can select a volatility target (generally between 2% and 12% annualized), which is normalized to 2% in order to create a consistent depiction of alpha strategy AUM. This results in a “scaled” AUM, which is higher than the actual aggregate notional value of all alpha strategy portfolios if clients have selected a volatility target higher than 2%. As of 9.30.2022, the “unscaled” AUM for alpha strategies was $6,032,254.
Crain’s Chicago Business Money Managers List (received May 2022), is an annual list of the top 25 firms as ranked by assets under management as of December 31, 2021. To quality, companies generally must be headquartered locally. Rankings are based on the opinions of Crain’s Chicago which does not receive compensation from the advisors in exchange for placement on a ranking.
NAPA Top Advisor Teams List (received March 2022) highlights the nation’s leading retirement plan advisor firms. Unlike other lists, this focuses on teams, broadly defined as being in a single physical location, and having at least $100 million in DC assets under advisement. It is based on self-reported assets under advisement as of December 31, 2021, unless otherwise noted. IN order to be considered, applicants were required to complete a survey. No licensing fees were paid for use of the ranking).
The Human Rights Campaign Foundation’s Corporate Equity Index (Score received January 2022 reflective of previous 12 months – Licensing fees paid post award for use of the ranking) is the national benchmarking tool on corporate policies, practices and benefits pertinent to lesbian, gay, bisexual, transgender and queer employees. Rating criteria includes nondiscrimination policies across business entities; equitable benefits for LGBTQ+ workers and their families; supporting an inclusive culture; and corporate social responsibility.
Mesirow refers to Mesirow Financial Holdings, Inc. and its divisions, subsidiaries and affiliates. The Mesirow name and logo are registered service marks of Mesirow Financial Holdings, Inc. © 2022, Mesirow Financial Holdings, Inc. All rights reserved.