# Federated Equity Management Company of Pennsylvania

Federated Equity Management Company of Pennsylvania is an Asset Manager based in Pittsburgh, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Pittsburgh, United States
- **Region:** North America
- **Address:** Pittsburgh, PA, United States
- **Assets under management:** Undisclosed
- **Website:** federatedhermes.com

## Regulatory record

- **CRD number:** 128610
- **SEC file number:** 801-62501
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/128610

## About

FEDERATED EQUITY MANAGEMENT COMPANY OF PENNSYLVANIA is an SEC-registered investment adviser in PITTSBURGH, PA, since 2003. The firm manages approximately $14.3 billion in assets. It has 15 employees and 15 investment advisers.

## Questions

### What is the relationship between Federated Equity Management Company of Pennsylvania and Federated Hermes?

Federated Equity Management Company of Pennsylvania is a legacy subsidiary of Federated Hermes, originally chartered to house the firm's US equity investment operations. After the 2018 acquisition of a controlling stake in Hermes Investment Management, the parent company rebranded as Federated Hermes, but the underlying Pennsylvania charter for the equity subsidiary remains active. It is not a separately traded or independently capitalized entity; its assets, personnel, and results are consolidated at the parent level.

### Does the equity management company operate independently, or is it fully integrated with Federated Hermes?

The equity management company operates as part of Federated Hermes' multi-boutique framework, wherein investment teams retain their own brand identities and investment processes but share corporate infrastructure, compliance, and distribution. It does not make its own strategic allocation decisions at the holding-company level. All investment management, including equity portfolio construction, is overseen by Federated Hermes' investment committee and its named portfolio managers.

### How does the firm's money-market dominance affect its equity business?

Money-market funds have historically generated the majority of Federated Hermes' revenue and provide a large, relatively sticky capital base. This structural feature gives the equity-management arm unusual financial stability, reducing the pressure to gather equity assets to cover overhead. It also means that equity investment teams operate within a publicly traded firm that must manage quarterly earnings expectations, creating a governance dynamic distinct from a private partnership or family-owned manager.

## Related profiles

- [Korhorn Financial Group](https://altss.com/profile/korhorn-financial-group)
- [Federated Advisory Services Company](https://altss.com/profile/federated-advisory-services-company)

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Last updated: 2026-06-03T20:00:00.000Z

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