Cowen & Company LLC
broker18 known aliases resolved via the canonical alias map
Market position · 2024
Plans served6-7 YoYRank #2492 of mapped providers
Assets under administration$17.7B0.0%Market share · rank #1809
Fees received$96,854Median $7,829/planSum across Schedule C direct + indirect
Net wins YoY-81 won · 9 lostPlan-level switch detection
Plans served · 5-year trajectory
Market-share plans percent annotated. Bar height is raw plan count.
Customer-base shape
What does a typical Cowen & Company LLC plan look like?
Service mix · median fees per plan
Count of plans where Cowen & Company LLC ships each service code, and the median compensation they report under it.
| Service | Plans | Median fees | Distribution |
|---|---|---|---|
Securities brokerage commissions and feesCode 71 | 3 | $1,361 | |
Securities brokerage; Securities brokerage commissions and fees; Other services; Direct payment from the planCode 33 | 2 | $39,918 | |
Securities brokerage commissions and fees; Direct payment from the planCode 50 | 1 | $6,690 |
Competitor overlap
Percent of Cowen & Company LLC's plans that also list each competitor on Schedule C. High numbers = co-living partners; low numbers = direct displacement targets.
Plans won in 2024
Appeared this year; did not appear last year under Cowen & Company LLC.
| Sponsor | From | Assets |
|---|---|---|
HOLSTON GASES, INC.TN · 620598088-001 | Moon Capital Management LLC | $31M |
Plans lost in 2024
Appeared last year under Cowen & Company LLC; not this year.
| Sponsor | To | Assets |
|---|---|---|
WELLS FARGO & COMPANYCA · 410449260-002 | Empower | $51.8B |
NATIONAL ELEVATOR INDUSTRY PENSION PLAN PLAN BOARD OF TRUSTEESPA · 232694291-001 | Zelis Payment Holdings LLC | $10.4B |
ERICSSON INC.TX · 061119960-006 | Stifel Nicolaus & Company, Inc. | $3.5B |
KINDER MORGAN, INC.TX · 800682103-002 | Empower | $2.7B |
OLD DOMINION FREIGHT LINE, INC.NC · 560751714-002 | Stifel Nicolaus & Company, Inc. | $2.3B |
ALLIANT ENERGY CORPORATE SERVICES, INC.WI · 391914946-005 | Fidelity Investments | $1.3B |
BENTLEY SYSTEMS, INC.PA · 953936623-001 | Benefit Trust Company | $628M |
TRUSTEES OF TEAMSTERS LOCAL NO. 469 PENSION FUNDNJ · 226172237-001 | MARTHA DEFAZIO | $64M |
TRUWEST COMPANY, LLCOH · 300719069-001 | Signature Estate & Investment Advisors | $19M |
Top plans by assets
Searchable full list lands with the commercial layer.
| Plan | Assets | Participants | Fees | Tenure | Flags |
|---|---|---|---|---|---|
NATIONAL ELEVATOR INDUSTRY PENSION PLAN PLAN BOARD OF TRUSTEESPA · 232694291-001 | $12.2B | 54,107 | $64,287 | 7y | 1 |
NORTHWELL HEALTH, INC.NY · 113418133-006 | $2.8B | 42,096 | $1,361 | 2y | - |
BOARD OF TRUSTEES H&GL LOCAL UNIONS 472 & 172 OF NJ PENSION FUNDNJ · 226032103-001 | $1.8B | 14,241 | $15,549 | 5y | - |
HANCOCK WHITNEY CORPORATIONMS · 640693170-003 | $608M | 4,606 | $6,690 | 7y | 1 |
WARREN EQUIPMENT COMPANYTX · 752351267-002 | $239M | 3,013 | $0 | 4y | 1 |
HOLSTON GASES, INC.TN · 620598088-001 | $31M | 516 | $8,967 | 1y | - |
Flag exposure
100.0%Market: 89.1%
This provider
Market baseline
Share of this provider's plans tripping any deterministic red flag this year. Lower than market baseline = better risk surface.
Aliases resolved (18)
Raw Schedule C names collapsed into Cowen & Company LLC.
- BMO HARRIS BACNK
- COWEAN & COMPANY
- COWEN & CO LLC
- COWEN & CO.
- COWEN & COMPANY
- COWEN & COMPANY LLC
- COWEN & COMPANY LLC & TD SECURITIES
- COWEN & COMPANY, LLC
- COWEN AND COMPANY
- COWEN AND COMPANY LLC
- COWEN AND COMPANY, LLC
- COWEN EXECUTION SERVICES
- COWEN EXECUTION SERVICES LLC
- COWEN EXECUTION SERVICES, LLC
- COWEN EXECUTION SERVICES. LLC
- COWEN EXECUTION SOLUTIONS LLC
- COWEN GROUP
- COWEN LLC
Book composition by plan size
Bars stack to total plans served; segments use the same asset cutoffs as the /plans size filter. Up-and-to-the-right on the bigger segments = moving up-market.
Under $5M$5-50M$50-250M$250M-1B$1B+
Compliance posture vs market
Per-flag share for Cowen & Company LLC's book against the same flag's overall prevalence across all filings. Negative delta = under-indexed (cleaner book); positive = elevated risk surface.
| Flag | Plans flagged | Provider % | Market % | Delta |
|---|---|---|---|---|
| Recently terminated | 0 | 0.00% | 7.76% | -7.76 pp |
| Fidelity bond gap | 0 | 0.00% | 26.94% | -26.94 pp |
| Late contributions | 0 | 0.00% | 1.71% | -1.71 pp |
| Failed to provide benefit | 0 | 0.00% | 0.14% | -0.14 pp |
| Corrective distributions | 2 | 33.33% | 1.76% | +31.57 pp |
| Loss discovered | 1 | 16.67% | 0.00% | +16.66 pp |
New-plan formation share
Share of plans filing for the first time each year that landed with Cowen & Company LLC. Compare to the incumbent market share (0.0%) - higher = winning new business, lower = coasting on existing relationships.
0.0%-0.0 pp vs incumbent
Frequent partners by role
Who else shows up on Cowen & Company LLC's plans most often. Switch tabs by counterparty role - high-overlap names are either referral channels (advisors, auditors) or competitive blocks (other recordkeepers).
| Partner | Shared plans | % of book |
|---|---|---|
| Dodge & Cox | 2 | 33.3% |
| Loomis Sayles | 2 | 33.3% |
| William Blair | 2 | 33.3% |
| Aberdeen Asset Management | 1 | 16.7% |
| AEW CAPITAL MANAGEMENT | 1 | 16.7% |
| Aksia LLC | 1 | 16.7% |
| Allsup Inc. | 1 | 16.7% |
| American Realty Advisors | 1 | 16.7% |
| Apollo Global Management | 1 | 16.7% |
| Atalanta Sosnoff | 1 | 16.7% |