Nokia Investment Management Corporation (Murray Hill)


Nokia Investment Management Corporation is a large advisory firm based in Murray Hill. It manages $29.6 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Massachusetts and New Jersey.

Nokia Investment Management Corporation provides 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.

Nokia Investment Management Corporation: assets under management

The assets under management (AUM) of Nokia Investment Management Corporation is $29.6 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $29.6 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.92 billion each.

Investments

The firm invests in government bonds the most. They account for 39% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 14% of the firm’s portfolio. Investments in other assets form 13% of the total invested assets.

Careers at Nokia Investment Management Corporation

The company employs 26 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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 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.

Jani Mikael Relander has been acting as President since 1 Apr 2016. Nokia Solutions And Networks Oy joined the executive team most recently as the Owns 100% Of Nokia Solutions And Networks B.V. Stock.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Nokia Of America Corporation Owns all nimco stock 1 Mar 1999 75% - 100% 22-3408857
Kerry Anne Gillin Chief compliance officer & secretary 1 Sep 2006 Other 5263659
Jeanmarie Grisi Director & president 1 Apr 2008 Other 4392176
Scott Lawrence Deo Vice president & treasurer 1 Apr 2008 Other 5525130
Andrew Joseph O'brien Vice president 1 Jun 2015 Other 6638352
Jani Mikael Relander Director 1 Apr 2016 Other 6637530
William Iwata Vice president 1 Jul 2016 Other 6684241

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Nokia Solutions And Networks B.V. Owns 100% of nokia of america corporation stock 1 Nov 2017 75% - 100% foreign
Nokia Solutions And Networks Oy Owns 100% of nokia solutions and networks b.v. stock 1 Dec 2018 75% - 100% foreign
Nokia Corporation Owns 100% of nokia solutions and networks oy stock 1 Dec 2018 75% - 100% 98-0347501

Based in Murray Hill

The principal office where Nokia Investment Management Corporation performs its advisory services is located at 600 Mountain Avenue, 2 A 352, Murray Hill, NJ 07974, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 9088300281. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday.