Lord Abbett has offices in Jersey City, Dubai, Dublin, London, Montevideo, Singapore, Tokyo, and Zurich.
On November 18, 1929, several weeks after the stock market crash that ushered in the Great Depression, Andrew James Lord, Leon Abbett, John R. Westerfield, and Julian B. Beaty created Lord, Westerfield & Co., Inc., with headquarters at 68 William Street, a few blocks from the New York Stock Exchange.
Leon Abbett, a member of the founding group and the son of a former two-time New Jersey governor and state Supreme Court justice, provided the capital contribution that enabled the firm to continue.
[11] In 1987, Lord Abbett moved its headquarters from Wall Street to the General Motors Building on Fifth Avenue in New York City.
As of June 30, 2024, Lord Abbett managed around $202 billion in assets[20] across a full range of global investment offerings.
Lord Abbett is a privately owned, limited liability company with 184 investment professionals as of December 2023.
[20][21] The firm manages mutual funds that invest in global and domestic stocks along with fixed-income, tax-free income, and multi-asset securities.