Sunamerica Asset Management, LLC (Jersey City)

Name: Sunamerica Asset Management, LLC
Address: Harborside 5, Jersey City, NJ, 07311
Telephone: 201-324-6300

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.

Sunamerica Asset Management: assets under management

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 firm manages $69.14 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $611.82 million each.

Sunamerica Asset Management has custody of $6.46 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

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.

What kind of clients Evelyn Mary Curran serves?

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.

Careers at Sunamerica Asset Management, LLC

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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jay S. Wintrob	Director	1 Jan 1990	Other	4346516
Peter Allen Harbeck	Ceo, president & director	1 Aug 1995	Other	874901
Christine Nixon	Director and secretary	1 Aug 2000	Other	5251995
John Thomas Genoy	Senior vp, chief financial & chief operations officer	1 Mar 2002	Other	4516518
Gregory Neal Bressler	Senior vp, general counsel , chief legal officer & assistant secretary	1 Jun 2005	Other	4642817
Matthew Jerome Hackethal	Chief compliance officer	1 Mar 2007	Other	2955436
American General Life Insurance Company	Shareholder	1 Dec 2012	75% - 100%	25-0598210
Kara Marie Murphy	Senior vp & chief investment officer	1 Dec 2013	Other	4192291
John Thomas Genoy	Director, senior vp, chief financial & chief operations officer	1 Dec 2014	Other	4516518
Evelyn Mary Curran	Director	1 Feb 2017	Other	5040541
Timothy Platt Pettee	Chief investment officer	1 May 2018	Other	2097556
Sharon French	Director, president and chief executive officer	1 Jul 2019	Other	2360493

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. American International Group	Shareholder	1 Jan 1999	75% - 100%	13-2592361
Inc. Safg Retirement Services	Shareholder	1 Apr 2012	75% - 100%	95-4715639
Inc. Aig Life Holdings	Shareholder	1 Dec 2012	75% - 100%	74-0483432
Agc Life Insurance Company	Shareholder	1 Dec 2012	75% - 100%	76-0030921

Based in Jersey City

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.