Clients
Jefferies Finance serves 60 clients, 56 of them pooled investment vehicles. The average client has about $410 million with the firm.
- Pooled investment vehicles56 clients60%
- Other4 clients40%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 56 | $14,789,522,456 | 60.1% | $264.1M |
| Other | 4 | $9,805,289,175 | 39.9% | $2.45B |
| Total | 60 | $24,594,811,631 | 100% | $409.9M |
- Clients
- 56
- Regulatory AUM
- $14,789,522,456
- Share
- 60.1%
- Avg. per client
- $264.1M
- Clients
- 4
- Regulatory AUM
- $9,805,289,175
- Share
- 39.9%
- Avg. per client
- $2.45B
Total
- Clients
- 60
- Regulatory AUM
- $24,594,811,631
- Share
- 100%
- Avg. per client
- $409.9M
What it does
Jefferies Finance provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Jefferies Finance advises 50 private funds.
94.0% of assets ($23.12B across 51 accounts) are managed with discretion; $1.47B across 5 accounts are not. 79% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks2%
- Cash6%
- Other91%
- Loans91%
Filed values cover 99%. The neutral 1% gap has no reported category.
Custodians
Jefferies Finance’s client accounts are held mainly at State Street Bank and Trust, with 1% of managed assets, and The Bank of New York Mellon Trust Company, N.A., with 0%. Jefferies Finance has custody of $122.8M for 25 clients.
- State Street Bank and TrustState Street Bank and Trust Company · Boston, MA · $252.3M1%
- OtherThe Bank of New York Mellon Trust Company, N.A., All other custodians99%
Ownership and leadership
Jefferies Financial Group Inc. owns 50% to 75% of Jefferies Finance.
- Owns 50% to 75% of Jefferies Finance LLC
Jefferies Financial Group Inc.
since August 2024
- Owns 50% to 75% of Jefferies Finance LLC
Massachusetts Mutual Life Insurance Company
since August 2024
Leadership
- Thomas BradyPresident
- Thomas GrenvilleChief Compliance Officer
- Edmund HessCOO/Managing Director
- Adam KlepackGeneral Counsel
- Daniel RapinoChief Accounting Officer
Staff
- 124 employees
- 51 in advisory functions
- 7 broker-dealer reps
- 3 soliciting firms
Fees
Jefferies Finance is paid through a percentage of assets under management and performance-based fees.
Jefferies Finance’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Jefferies Finance has 0 offices, with 1 listed address in 1 state.
New York · 1 listed address
- 520 Madison Avenue, 12th Floor, New YorkHQ
Other business names
Jefferies Finance has reported 3 other business names to the SEC.
- Apex Credit Holdings LLC
- Apex Credit Partners LLC
- Jefferies Credit Partners LLC
Registration details
- Legal name
- Jefferies Finance LLC
- Headquarters
- 520 Madison Avenue, 12th Floor, New York, NY 10022-4356
- Phone
- 212-284-3474
- Website
- Not reported
- SEC file
- 801-74480
- Structure
- Delaware LLC
- Fiscal year end
- November
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Jefferies Finance have?
Jefferies Finance has 60 clients and manages $24.6 billion for them, as of March 2026. They include 56 pooled investment vehicles and 4 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 March 2026
What services does Jefferies Finance offer?
Jefferies Finance provides portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Jefferies Finance use?
Jefferies Finance’s separately managed account assets are held at State Street Bank and Trust Company (Boston, MA), with $252,268,591 and The Bank of New York Mellon Trust Company, N.A. (Houston, TX), with $122,117,894. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 March 2026
How many financial advisors does Jefferies Finance have?
Jefferies Finance has 0 investment adviser representatives registered with state securities authorities, out of 124 employees, and 51 perform investment advisory functions. 7 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Jefferies Finance invest in?
At the end of its last fiscal year, Jefferies Finance’s separately managed accounts held 91% loans, 6% cash and equivalents and 2% non-exchange-traded equities. It advises 50 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Jefferies Finance?
Jefferies Finance’s direct owners are Jefferies Financial Group Inc. (50% to 75%) and Massachusetts Mutual Life Insurance Company (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 2 March 2026
How does Jefferies Finance get paid?
Jefferies Finance is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file