The Variable Annuity Life Insurance Company (Houston)
The Variable Annuity Life Insurance Company is a large advisory firm based in Houston. It manages $29.65 billion of regulatory assets for 49 client accounts. It has been registered with the SEC as an adviser since 2010.
The Variable Annuity Life Insurance Company provides portfolio management for investment companies 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.
The Variable Annuity Life Insurance Company: assets under management
The assets under management (AUM) of The Variable Annuity Life Insurance Company is $29.65 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 61% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay The Variable Annuity Life Insurance Company 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 Jeffrey Mark Farber serves?
The only and largest group of clients of Jeffrey Mark Farber is investment companies with 49 clients and $29.65 billion of assets under management. Among the 8 most similar advisory firms, The Variable Annuity Life Insurance Company has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $29.65 billion for 49 clients. None of the firm’s clients are foreign persons or businesses.
The Variable Annuity Life Insurance Company doesn't advise any private funds.
Careers at The Variable Annuity Life Insurance Company
The company employs 2,100 people that are either part- or full-time employees. No employees work as investment advisers or researchers. 1,358 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.
Jeffrey Mark Farber has been acting as President since 1 Apr 2013. Robert Jay Scheinerman joined the executive team most recently as the Ceo, Group Retirement And Director.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 6 indirect owners.Based in Houston
The principal office where The Variable Annuity Life Insurance Company performs its advisory services is located at 2929 Allen Parkway, Houston, TX 77019 The mailing address of the firm is P.O. Box 15648, Amarillo, TX 79105 5648. 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 1-800-448-2542 or by fax 1-877-202-0187. The normal business hours are 8:00am - 5:00pm cst on Monday - Friday. You can find more information about the New York firm at valic.com and its LinkedIn profile.
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