Aegon Usa Investment Management, LLC is a large advisory firm based in Cedar Rapids. It manages $95.97 billion of regulatory assets for 239 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois, Iowa, and Maryland.
Aegon Usa Investment Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and credit research. 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 Aegon Usa Investment Management, LLC is $95.97 billion. The firm's AUM has grown by 119956% since the beginning of its operation, and $15.19 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Aegon Usa Investment Management, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, investment companies, other investment advisers, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Gary Douglas Black is insurance companies with 27 clients and $72.12 billion of assets under management. Among the 11 most similar advisory firms, Aegon Usa Investment Management has the highest percentage of insurance companies out of all clients.
The amount of regulatory assets under management is $95.04 billion for 79 clients. 31% of the firm’s clients are foreign persons or businesses.
Aegon Usa Investment Management also advises several private funds. Namely, three hedge funds, one liquidity fund, two other private funds, and eight securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.
The company employs 318 people that are either part- or full-time employees. 26 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There are 4 people 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 receive compensation from other entities for client referrals.
Gary Douglas Black has been acting as President since 1 Jun 2016. Christopher C Thompson joined the executive team most recently as the President And Head Of Distribution.
The principal office where Aegon Usa Investment Management, LLC performs its advisory services is located at 6300 C Street Sw, Cedar Rapids, IA 52499 5338, which is also the mailing address of the firm. An additional office of the firm is in Baltimore, MD. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 319-355-3598. The normal business hours are 8:00 a.m. - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at aegoninvestments.com.