Assurant Investment Management LLC (New York)

Assurant Investment Management LLC is a large advisory firm based in New York. It manages $1.61 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of New York.

Assurant Investment Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Assurant Investment Management: assets under management

The assets under management (AUM) of Assurant Investment Management LLC is $1.61 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1351% since the beginning of its operation, and $1.49 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.61 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $322.7 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Assurant Investment Management LLC for their services and products based on a percentage of assets under management 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.

What kind of clients Assurant Investment Management serves?

The only and largest group of clients of Assurant Investment Management is pooled investment vehicles with 5 clients and $1.61 billion of assets under management. Among the 7 most similar advisory firms, Assurant Investment Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.61 billion for 5 clients. 75% of the firm’s clients are foreign persons or businesses.

Assurant Investment Management also advises several private funds. Namely, one real estate fund and four securitized asset funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $5,000,000.

Careers at Assurant Investment Management LLC

The company employs 33 people that are either part- or full-time employees. 73 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Interfinancial Inc.	Sole owner, assurant investment management llc	1 Jan 2016	75% - 100%	13-3036467
Llc Aim Real Estate Gp	General partner of aim real estate co-investment fund l.p.	1 Mar 2016	Other	811950069
Assurant Investment Management Llc	Owner (aim real estate gp, llc - relying adviser)	1 Mar 2016	75% - 100%	81-1600505
Judi Jo Salvato	Chief financial officer/treasurer -assurant investment management llc, assurant clo management, llc and aim real estate gp, llc	1 Apr 2016	Other	6642788
Eric Neil Greenman	Co-chief executive officer - assurant investment management llc, assurant clo management, llc and aim real estate gp, llc	1 Apr 2016	Other	2658636
Frederick Edward Dixon	Chief compliance officer	1 Apr 2016	Other	1456981
Monica Pelaez Mcginley	Chief compliance officer - assurant investment management llc, assurant clo management, llc	1 Mar 2017	Other	4189139
Paul Norton Koenig	Co-chief executive officer - assurant investment management llc, assurant clo management, llc and aim real estate gp, llc	1 Jun 2017	Other	5256104
Lp Assurant Clo Management Holdings	Owner (assurant clo management, llc - relying adviser)	1 Sep 2017	75% - 100%	64-0906751
Frederick Edward Dixon	Chief compliance officer - assurant investment management llc, assurant clo management, llc and aim real estate gp, llc	1 Nov 2017	Other	1456981
Darshan Vishnu Patel	Chief compliance officer - assurant investment management llc, assurant clo management, llc and aim real estate gp, llc	1 Apr 2018	Other	4477767

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Assurant Inc.	Owner	1 Apr 1980	75% - 100%	39-1126612
Inc. American Bankers Insurance Group	Owner	1 Sep 1980	75% - 100%	59-1985922
American Bankers Insurance Company Of Florida	Owner	1 Sep 2017	25% - 50%	59-0593886
Gp Llc Assurant Clo Management Holdings	General partner	1 Sep 2017	Other	13-3036467

Based in New York

The principal office where Assurant Investment Management LLC performs its advisory services is located at 28 Liberty Street, New York, NY 10005, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-859-7000. The normal business hours are 9:00am-5:00pm on Monday - Friday.