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Lord Abbett Overview

Lord, Abbett & Co. LLC is an independent, privately-held investment management company headquartered in Jersey City, New Jersey. The firm offers a variety of fixed−income and equity strategies to individual and institutional investors.
The staff at Lord Abbett come from unusually diverse demographic backgrounds. The company is 32.5% female and 47.4% ethnic minorities. Lord Abbett employees are more likely to be members of the Republican Party than the Democratic Party, with 63.4% of employees identifying as members of the Republican Party. But those numbers could change quickly because the turnover rate at Lord Abbett is relatively high. Employees at Lord Abbett stay with the company for an average of 2.3 years before leaving. The average employee at Lord Abbett makes $89,641 per year. Pay at Lord Abbett is significantly lower than some of its highest paying competitors, like McKinsey & Company, Bloomberg, and Riskmetrics Group Holdings, which pay $110,186, $108,474, and $104,042, respectively.
Lord Abbett is a medium company with 509 employees and an annual revenue of $300.0M that is headquartered in Jersey City, NJ.

The Organization’s Mission

Delivering superior long-term investment performanceand a client experience that exceeds expectations.


Investment management





Founded in



Jersey City, NJ


Organization Type


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The Team At Lord Abbett

Key People
  • Douglas Sieg (key_person)
  • Elaine Young (Senior Human Resources Consultant)
  • Nicole Sandberg (Director, Marketing Communications)
  • Leon Abbett (founders)
  • Julian Beaty (founders)
  • Jim Sansevero (MEDIA INQUIRIES)
  • Andrew Lord (founders)
  • Veronica Minukas (Chief Human Resources Officer)
  • Robert Dow (CEO)
  • John Westerfield (founders)

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Lord Abbett Rankings

Lord Abbett is ranked #50 on the Best Companies to Work For in New Jersey list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Lord Abbett Salaries

How much does Lord Abbett pay?
The national average salary for a Lord Abbett employee in the United States is $89,641 per year. Employees in the top 10 percent can make over $147,000 per year, while employees at the bottom 10 percent earn less than $54,000 per year.
Salary Score
Average Employee Earnings

Lord Abbett Salaries By Job Title

While the average employee salary at Lord Abbett is $89,641, there is a big variation in pay depending on the role. The higher paying positions at Lord Abbett include director of sales, vice president, fixed income, trading assistant, and senior systems architect. A worker with the title director of sales salary at Lord Abbett can earn an average yearly salary of $230,961. Some of the other roles at Lord Abbett are administrative assistant and marketing internship. A worker with the title administrative assistant at Lord Abbett earns an average salary of $31,581 per year.
Job Title
Average Salarydesc
Director Of Sales
Salary Range199k - 267k$231k$230,961
Vice President, Fixed Income
Salary Range149k - 193k$170k$170,489
Trading Assistant
Salary Range124k - 175k$148k$147,717
Senior Systems Architect
Salary Range131k - 153k$142k$142,337
Product Specialist
Salary Range103k - 135k$118k$118,483
SQL Database Administrator
Salary Range102k - 129k$115k$114,987
Production Support Engineer
Salary Range104k - 122k$113k$112,949
Studio Engineer
Salary Range98k - 124k$111k$111,087
Portfolio Administrator
Salary Range93k - 130k$110k$110,240
Mutual Fund Accountant
Salary Range93k - 120k$106k$106,215

Lord Abbett Careers

On average, employees at Lord Abbett stay with the company for 2.3 years. Employees most commonly join Lord Abbett after leaving Merrill Lynch. When they leave Lord Abbett, they most frequently get their next job at JPMorgan Chase.

Average Length of Employment

World Bank
3.1 years
Lord Abbett
2.3 years

Top Employers Before Lord Abbett

8.8 %

Top Employers After Lord Abbett

12.0 %
6.0 %

Lord Abbett Employee Demographics

Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Lord Abbett Employees Education

Of the 509 employees at Lord Abbett, 11.5% attended Fairleigh Dickinson University. Employees at Lord Abbett most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Lord Abbett Employee Political Affiliation

Lord Abbett employees are most likely to be members of the Republican Party. The largest donation made to a political party by a Lord Abbett employee was by Robert DOW. Robert DOW donated $128,100 to the Republican Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Robert DOWExecutive
Robert DOW
Republican Party
Republican Party
$128,100Republican Party
Thomas HalloranPortfolio Manager
Thomas Halloran
Portfolio Manager
Portfolio Manager
Republican Party
Republican Party
$29,700Republican Party
Daria FosterExecutive
Daria Foster
Republican Party
Republican Party
$20,000Republican Party
Douglas SiegPartner
Douglas Sieg
Republican Party
Republican Party
$11,400Republican Party
Alexander CrawfordChief Risk Officer
Alexander Crawford
Chief Risk Officer
Chief Risk Officer
Republican Party
Republican Party
$7,200Republican Party
Thomas MaloneNational Account Representative
Thomas Malone
National Account Representative
National Account Representative
Republican Party
Republican Party
$5,200Republican Party
Robert PenningtonFinance
Robert Pennington
Republican Party
Republican Party
$5,200Republican Party
Zane BrownFinance
Zane Brown
Republican Party
Republican Party
$5,200Republican Party
Frank PaonePartner
Frank Paone
Republican Party
Republican Party
$4,000Republican Party
Bruno GrandsardAnalyst
Bruno Grandsard
Democratic Party
Democratic Party
$2,850Democratic Party
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Lord Abbett Financial Performance

Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.


$100M - $1B

Founded in


Organization type


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Lord Abbett Competitors

Competitors of Lord Abbett include McKinsey & Company, Bloomberg, and Riskmetrics Group Holdings. The wages at McKinsey & Company average higher than the other similar companies, where the median salary is $110,186 per year. The salaries at Bloomberg average $108,474 per year, and the salaries at Riskmetrics Group Holdings come in at $104,042 per year.
Average Salarydesc
McKinsey & Company Inc
Salary Range86k - 140k$110k$110,186
Salary Range89k - 131k$108k$108,474
Riskmetrics Group Holdings
Salary Range82k - 130k$104k$104,042
Salary Range81k - 127k$102k$101,732
Wellington Management Company
Salary Range79k - 123k$99k$99,245
Angelo Gordon
Salary Range75k - 120k$95k$95,432
Interactive Data
Salary Range77k - 112k$94k$93,693

Inter-American Development Bank

Salary Range73k - 110k$90k$90,106
Salary Range74k - 108k$90k$89,890
MBO Partners
Salary Range71k - 113k$90k$89,826

Frequently Asked Questions about Lord Abbett

When was Lord Abbett founded?

Lord Abbett was founded in 1929.

How many Employees does Lord Abbett have?

Lord Abbett has 509 employees.

How much money does Lord Abbett make?

Lord Abbett generates $300.0M in revenue.

What industry is Lord Abbett in?

Lord Abbett is in the investment management industry.

What is Lord Abbett's mission?

Lord Abbett's mission statement is "Delivering superior long-term investment performanceand a client experience that exceeds expectations."

What type of company is Lord Abbett?

Lord Abbett is a public company.

Who are Lord Abbett's competitors?

Lord Abbett competitors include World Bank, Wellington Management Company, Riskmetrics Group Holdings, Janus Capital Group, Munich Re America Brokers, Standard Chartered USA, Telesoft, Suncorp Corporate Credit Union, Inter-American Development Bank, Bloomberg, ZS, Angelo Gordon, Interactive Data, Arrowstreet, MBO Partners, Moody's, Mark Systems, McKinsey & Company, NRECA, Cornerstone Consulting.

Who works at Lord Abbett?

Douglas Sieg (key_person)

Elaine Young (Senior Human Resources Consultant)

Nicole Sandberg (Director, Marketing Communications)

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Updated December 31, 2020

Zippia gives an in-depth look into the details of Lord Abbett, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lord Abbett. The employee data is based on information from people who have self-reported their past or current employments at Lord Abbett. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Lord Abbett and its employees or that of Zippia.

Lord Abbett may also be known as or be related to LORD ABBETT DISTRIBUTOR LLC, Lord Abbett, Lord Abbett & Co LLC, Lord Abbett & Co. LLC, Lord Abbett Distributor LLC and Lord, Abbett & Co. LLC.