Amundi Pioneer Institutional Asset Management, Inc. (Boston)

Name: Amundi Pioneer Institutional Asset Management, Inc.
Address: 60 State Street, Boston, MA, 02109 1820
Telephone: 617-422-4700

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.

Amundi Pioneer Institutional Asset Management: assets under management

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 firm manages $16.92 billion in discretionary accounts and $526.73 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $156.68 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $105.35 million.

Amundi Pioneer Institutional Asset Management has custody of $532.3 million in cash and securities for 3 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in non-investment grade corporate bonds the most. They account for 31% of the total AUM. The second-largest asset type is state and local bonds, which make up 9% of the firm’s portfolio. Investments in sovereign bonds form 6% of the total invested assets.

Fees & Commissions

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.

What kind of clients Pascal Maurice Blanque serves?

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.

Careers at Amundi Pioneer Institutional Asset Management, Inc.

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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Amundi Pioneer Investment Management Usa Inc.	Shareholder	1 Jan 2006	75% - 100%	13-5657669
Gregg Matthew Dooling	Chief financial officer	1 Sep 2008	Other	2648075
Terrence Joseph Cullen	Chief legal officer	1 Jun 2010	Other	4418897
Jean M Bradley	Chief compliance officer	1 Jan 2012	Other	835988
Lisa Jones	President, chairman & chief executive officer, director	1 Aug 2014	Other	1324612
Patrice Etienne Blanc	Chief operations officer, director	1 Jul 2017	Other	1972464
Pascal Maurice Blanque	Director	1 Jul 2017	Other	5882318
Dominique Carrel Billiard	Director	1 Jul 2017	Other	4838411
Bernard Henri De Wit	Director	1 Jul 2017	Other	6265839
Kenneth James Taubes	Chief investment officer, director	1 Jul 2017	Other	3137537
John Michael Malone	Chief compliance officer	1 Sep 2018	Other	2314031

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Amundi	Shareholder	1 Nov 1978	75% - 100%	foreign
Credit Agricole Sa	Shareholder	1 Nov 1978	75% - 100%	foreign
Sas Rue La Boetie	Shareholder	1 Nov 2001	50% - 75%	foreign
Amundi Asset Management	Shareholder	1 Jan 2008	75% - 100%	foreign
Inc. Amundi Usa	Member	1 Jul 2017	75% - 100%	51-0304614

Based in Boston

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.