Teachers Advisors, LLC is a large advisory firm based in New York. It manages $295.85 billion of regulatory assets for 126 client accounts. It has been registered with the SEC as an adviser since 2016.
Teachers Advisors 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, and investment advisory,sub-advisory & supervisorial services to cdo & clo special purpose entities;& model portfolio advice. 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 Teachers Advisors, LLC is $295.85 billion. The firm's AUM has grown by 208% since the beginning of its operation, and $114.25 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Teachers Advisors, LLC for their services and products based on a percentage of assets under management, fixed fees, 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.
The firm provides services to individuals, insurance companies, investment companies, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Teachers Advisors is insurance companies with 2 clients and $159.92 billion of assets under management. Among the 9 most similar advisory firms, Teachers Advisors has the 2nd highest percentage of insurance companies out of all clients.
The amount of regulatory assets under management is $293.92 billion for 110 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Teachers Advisors also advises several private funds. Namely, one hedge fund, one other private fund, and four securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.
The company employs 386 people that are either part- or full-time employees. 75 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.
The principal office where Teachers Advisors, LLC performs its advisory services is located at 730 Third Ave, New York, NY 10017 3206, which is also the mailing address of the firm. An additional office of the firm is in Charlotte, NC. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-490-9000 or by fax 212-916-6383. The normal business hours are 8:15 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at tiaa.org and its LinkedIn profile.