Nuveen Fund Advisors, LLC (Chicago)
Nuveen Fund Advisors, LLC is a large advisory firm based in Chicago. It manages $135.33 billion of regulatory assets for 174 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Nuveen Fund Advisors provides portfolio management for investment companies, portfolio management for pooled investment vehicles, selection of other advisers, and evaluator and supervisor for nuveen uits. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Nuveen Fund Advisors: assets under management
The assets under management (AUM) of Nuveen Fund Advisors, LLC is $135.33 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 33% since the beginning of its operation, and $569.72 million of the total AUM is attributable to clients outside of the United States.
Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay Nuveen Fund Advisors, 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 Nuveen Fund Advisors serves?
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Nuveen Fund Advisors is investment companies with 161 clients and $133.58 billion of assets under management. Among the 9 most similar advisory firms, Nuveen Fund Advisors has the 2nd highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $135.33 billion for 174 clients. 5% of the firm’s clients are foreign persons or businesses.
Nuveen Fund Advisors doesn't advise any private funds.
Careers at Nuveen Fund Advisors, LLC
The company employs 100 people that are either part- or full-time employees. 24 percent of the employees work as investment advisers or researchers. 7 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 15 indirect owners.Based in Chicago
The principal office where Nuveen Fund Advisors, LLC performs its advisory services is located at 333 West Wacker Drive, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 312-917-7700 or by fax 312-917-6912. The normal business hours are 8:00 am - 5:00 pm cst on Monday - Friday. You can find more information about the New York firm at nuveen.com.
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