Sunamerica Asset Management, LLC is a large advisory firm based in Jersey City. It manages $69.14 billion of regulatory assets for 113 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of New Jersey.
Sunamerica Asset Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, selection of other advisers, and impersonal investment advisory services. 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 Sunamerica Asset Management, LLC is $69.14 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 20% since the beginning of its operation, and $6.46 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Sunamerica Asset Management, LLC for their services and products based on a percentage of assets under management. 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 investment companies and pooled investment vehicles. The largest group of clients of Evelyn Mary Curran is investment companies with 111 clients and $69.13 billion of assets under management. Among the 10 most similar advisory firms, Sunamerica Asset Management has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $69.14 billion for 112 clients. 1% of the firm’s clients are foreign persons or businesses.
Sunamerica Asset Management also advises several private funds. Namely, one other private fund.
The company employs 150 people that are either part- or full-time employees. 11 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.
Evelyn Mary Curran has been acting as President since 1 Feb 2017. Timothy Platt Pettee has served as the Chief Investment Officer since 1 May 2018. Sharon French joined the executive team most recently as the Director, President And Chief Executive Officer.
The principal office where Sunamerica Asset Management, LLC performs its advisory services is located at Harborside 5, Jersey City, NJ 07311, which is also the mailing address of the firm. An additional office of the firm is in Woodland Hills, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 201-324-6300 or by fax 201-324-6585. The normal business hours are 9:00 a.m - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at safunds.com.