Land & Buildings Investment Management, LLC (Stamford)


Land & Buildings Investment Management, LLC is a large advisory firm based in Stamford. It manages $577.26 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Connecticut.

Land & Buildings Investment Management provides 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.

Land & Buildings Investment Management: assets under management

The assets under management (AUM) of Land & Buildings Investment Management, LLC is $577.26 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 913% since the beginning of its operation, and $11.33 million of the total AUM is attributable to clients outside of the United States.

The firm manages $577.26 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $82.47 million each.
Land & Buildings Investment Management has custody of $231.7 million in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.

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 Land & Buildings Investment Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Land & Buildings Investment Management serves?

The only and largest group of clients of Land & Buildings Investment Management is pooled investment vehicles with 6 clients and $281.7 million of assets under management. Among the 7 most similar advisory firms, Land & Buildings Investment Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $281.7 million for 6 clients. 14% of the firm’s clients are foreign persons or businesses.

Land & Buildings Investment Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Land & Buildings Investment Management, LLC

The company employs 9 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jonathan I Litt Managing principal 1 Jul 2008 75% - 100% 2567674
Craig David Melcher Principal 1 Jul 2008 Other 4554794
Eric Lee Analyst 1 Jul 2008 Other 5024382
Ambika Goel Partner 1 Aug 2008 Other 3109700
Stephen George Katchur Coo, cfo, cco 1 Mar 2014 Other 6038748
Samuel Tedawes Chief financial officer / chief compliance officer 1 Sep 2018 Other 6285052

Based in Stamford

The principal office where Land & Buildings Investment Management, LLC performs its advisory services is located at 1 Landmark Square, Stamford, CT 06901, 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 203-987-5840. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at landandbuildings.com/.