Payden & Rygel
Assets Under Management
$150.9B
Number of Clients
476
Number of Advisors
14
Average Client AUM
$317.1M
AUM per Advisor
$10.8B
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Payden & Rygel, founded in 1983, offers domestic and global fixed income and equity strategies. They manage separate accounts and a family of mutual funds (Payden Funds). They also have a global presence with subsidiaries in London and Milan. Payden & Rygel tailors its advisory services to the individual needs of each client based on agreed-upon investment guidelines.
Fee Structure
Payden & Rygel charges fees based on the market value of assets under management, billed monthly or quarterly. Fees are negotiable in certain circumstances and may be modified to reflect specific services. The brochure lists standard fee schedules for various account types, including Enhanced Cash/Flexible Short Duration, Low Duration, Broad Intermediate, Core Bond, Core Plus, Long Government Credit, Strategic Income, Absolute Return /Managed Asset Credit, Managed Income, U.S. High Yield, Bank Loan, Global High Yield, U.S. and Global Investment Grade Corporate, Emerging Markets Bond, Global Bond, Municipal Bond, Domestic Equity Large Cap, Global Equity, Global Balanced, GNMA, and Securitized Income. PRAAM fees for balanced accounts range from 0.60% to 0.10% depending on the asset tier, and bond-only accounts have a fee of 0.25% on all assets.
Areas of Practice
Location
333 S. Grand Avenue, 40th Floor, Los Angeles, CA, 90071