Aig Asset Management (U.S.), LLC (New York)

Aig Asset Management (U.S.), LLC is a large advisory firm based in New York. It manages $317.25 billion of regulatory assets for 110 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Aig Asset Management (U.S.) provides portfolio management for pooled investment vehicles, 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.

Aig Asset Management (U.S.): assets under management

The assets under management (AUM) of Aig Asset Management (U.S.), LLC is $317.25 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 7343% since the beginning of its operation, and $31.75 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $317.25 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.88 billion each.

Investments

The firm invests in other assets the most. They account for 46% of the total AUM. The second-largest asset type is state and local bonds, which make up 5% of the firm’s portfolio. Investments in derivatives form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Aig Asset Management (U.S.), 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.

What kind of clients William Naughton Dooley serves?

The firm provides services to insurance companies, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of William Naughton Dooley is insurance companies with 52 clients and $295.66 billion of assets under management. Among the 9 most similar advisory firms, Aig Asset Management (U.S.) has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $317.25 billion for 110 clients. 37% of the firm’s clients are foreign persons or businesses.

Aig Asset Management (U.S.) also advises several private funds. Namely, three real estate funds, three private equity funds, and two securitized asset funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $108,000,000.

Careers at Aig Asset Management (U.S.), LLC

The company employs 949 people that are either part- or full-time employees. 35 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

William Naughton Dooley has been acting as President since 1 Feb 2013. Monika Maria Machon has served as the Chief Investment Officer since 1 Mar 2009. Elaine Ann Rocha joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ronald Edwin Holmes	General counsel & secretary	1 Mar 2009	Other	5657462
Aig Global Asset Management Holdings Corp	Member	1 Mar 2009	75% - 100%	13-3870953
Monika Maria Machon	Chief executive officer/chief investment officer	1 Mar 2009	Other	5613802
Lochlan Otis Mcnew	Senior managing director	1 Mar 2009	Other	5502984
Jeffrey Hurd	Executive managing director	1 Mar 2009	Other	4924658
Valerie A. Del Rosario	Assistant secretary	1 Mar 2009	Other	5657371
Sonia Weingeist Hamstra	Senior managing director	1 Mar 2009	Other	5657537
Joseph R Guarino	Chief compliance officer	1 Mar 2009	Other	1804700
George Guy Coheleach	Officer	1 Mar 2009	Other	4517753
Joseph Benedict Mccarthy	Officer	1 Mar 2009	Other	1693600
Jeffrey (Nmn) Hurd	Managing member	1 Mar 2009	Other	4924658
Valerie Anne Del Rosario	Managing member	1 Mar 2009	Other	5657371
Joseph Robert Guarino	Managing member/chief compliance officer	1 Mar 2009	Other	1804700
Gerard Patrick Melia	Chief financial officer	1 Mar 2009	Other	4924379
Joseph Rudolph Guarino	Chief compliance officer	1 Mar 2009	Other	1804700
William Naughton Dooley	Chief executive officer	1 Jun 2010	Other	4352255
Brian K Reilly	Chief financial officer	1 Feb 2011	Other	5902592
Brian K (Mi Only) Reilly	Chief financial officer	1 Feb 2011	Other	5902592
William Naughton Dooley	Chairman	1 Feb 2013	Other	4352255
James Matthew Petitto	Chief financial officer	1 Nov 2013	Other	6009038
Brian Todd Schreiber	Executive managing director	1 Nov 2013	Other	1693464
Geoffrey Neal Cornell	Executive managing director	1 Nov 2013	Other	2817981
Jillian Leigh Moo Young	Chief operating officer	1 Nov 2013	Other	3064151
William Naughton Dooley	Chief executive officer	1 Nov 2013	Other	4352255
Karen Jean Nelson	Interim chief compliance officer	1 Jul 2014	Other	5044560
Mai Shiver	Chief compliance officer	1 Oct 2014	Other	5035639
John Kelly Adams	Business information officer	1 Feb 2015	Other	1353834
Douglas Adam Dachille	Executive vice president	1 Oct 2015	Other	1890171
Gregory James Ruffa	Deputy general counsel	1 Nov 2015	Other	5968922
Brian Lawrence Peters	Chief risk officer	1 Mar 2016	Other	6777423
Andrew Payne	Chief credit officer	1 Sep 2016	Other	6777576
Atif Mahmood	Chief financial officer	1 Jan 2017	Other	4975717
Elaine Ann Rocha	Chief operating officer	1 Dec 2017	Other	6932942

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. American International Group	Shareholder	1 Dec 2002	75% - 100%	13-2592361
Aig Capital Corporation	Shareholder	1 Dec 2002	75% - 100%	60-0001373

Based in New York

The principal office where Aig Asset Management (U.S.), LLC performs its advisory services is located at 80 Pine Street, New York, NY 10005, which is also the mailing address of the firm. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-770-9044 or by fax 212-437-9866. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday.