Aig Asset Management (U.S.), LLC is a large advisory firm based in New York. It manages $317.25 billion of regulatory assets for 110 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Aig Asset Management (U.S.) provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Aig Asset Management (U.S.), LLC is $317.25 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 7343% since the beginning of its operation, and $31.75 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Aig Asset Management (U.S.), LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of William Naughton Dooley is insurance companies with 52 clients and $295.66 billion of assets under management. Among the 9 most similar advisory firms, Aig Asset Management (U.S.) has the highest percentage of insurance companies out of all clients.
The amount of regulatory assets under management is $317.25 billion for 110 clients. 37% of the firm’s clients are foreign persons or businesses.
Aig Asset Management (U.S.) also advises several private funds. Namely, three real estate funds, three private equity funds, and two securitized asset funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $108,000,000.
The company employs 949 people that are either part- or full-time employees. 35 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
William Naughton Dooley has been acting as President since 1 Feb 2013. Monika Maria Machon has served as the Chief Investment Officer since 1 Mar 2009. Elaine Ann Rocha joined the executive team most recently as the Chief Operating Officer.
The principal office where Aig Asset Management (U.S.), LLC performs its advisory services is located at 80 Pine Street, New York, NY 10005, which is also the mailing address of the firm. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-770-9044 or by fax 212-437-9866. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday.