Amundi Pioneer Institutional Asset Management, Inc. is a large advisory firm based in Boston. It manages $17.45 billion of regulatory assets for 113 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Massachusetts and North Carolina.
Amundi Pioneer Institutional Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and publication of newsletters. 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 Amundi Pioneer Institutional Asset Management, Inc. is $17.45 billion. The firm's AUM has grown by 172% since the beginning of its operation, and $5.1 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Amundi Pioneer Institutional Asset Management, Inc. for their services and products based on a percentage of assets under management 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, investment companies, pooled investment vehicles, banking or thrift institutions, and pension and profit sharing plans. The largest group of clients of Pascal Maurice Blanque is pooled investment vehicles with 26 clients and $3.35 billion of assets under management. Among the 9 most similar advisory firms, Amundi Pioneer Institutional Asset Management has the 4th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $10.34 billion for 54 clients. 32% of the firm’s clients are foreign persons or businesses.
Amundi Pioneer Institutional Asset Management also advises several private funds. Namely, nine hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $30,000,000.
The company employs 284 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. 87 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Pascal Maurice Blanque has been acting as President since 1 Jul 2017. John Michael Malone joined the executive team most recently as the Chief Compliance Officer.
The principal office where Amundi Pioneer Institutional Asset Management, Inc. performs its advisory services is located at 60 State Street, Boston, MA 02109 1820, which is also the mailing address of the firm. An additional office of the firm is in Durham, NC. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 617-422-4700 or by fax 617-422-4223. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at amundipioneer.com.