Travelers Investment Adviser,Inc. (New York)


Travelers Investment Adviser,Inc. is a large advisory firm based in New York. It manages $2.26 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2001.

Travelers Investment Adviser provides portfolio management for investment companies and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Travelers Investment Adviser: assets under management

The assets under management (AUM) of Travelers Investment Adviser,Inc. is $2.26 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -37% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $2.26 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $377.32 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Travelers Investment Adviser,Inc. 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.

Careers at Travelers Investment Adviser,Inc.

Arthur George Saks has been acting as President since 1 Jun 1996. Virgil H. Cumming has served as the Chief Investment Officer since 1 Sep 1997. Michael Kevin Farrell joined the executive team most recently as the Director.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Heath Brian Mclendon Chairman, president and chief executive officer 1 Jun 1996 Other 329444
Lewis Eugene Daidone Director and senior vice president 1 Jun 1996 Other 1245233
Arthur George Saks Director 1 Jun 1996 Other 409167
Christina Theodozia Sydor General counsel and secretary 1 Jun 1996 Other 1601187
William Hedges White Treasurer 1 Jun 1996 Other 1475878
Plaza Llc Sole shareholder of applicant 1 Jun 1996 75% - 100% 06-0800110
Virgil H. Cumming Chief investment officer 1 Sep 1997 Other 4332892
Virgil Howard Cumming Chief investment officer 1 Sep 1997 Other 4332892
Jeffrey Hiller Chief compliance officer 1 Apr 2000 Other 2612970
Robert P Wallace Director 1 Nov 2001 Other 4518922
Robert Peter Wallace Director 1 Nov 2001 Other 4518922
Judith Addazio Treasurer 1 Aug 2002 Other 4579613
Judith Anne Addazio Treasurer 1 Aug 2002 Other 4579613
Robert Jay Gerken Chairman, president and chief executive officer 1 Sep 2002 Other 1340228
Andrew Thomas Beagley Chief compliance officer 1 Mar 2003 Other 4606683
Robert Blair Shepler Director 1 Feb 2004 Other 4032042
Thomas Christopher Mandia General counsel and secretary 1 Feb 2004 Other 4757118
Harry David Cohen Chief investment officer 1 Feb 2004 Other 49893
Michael Kevin Farrell Director 1 Jul 2005 Other 854508
Elizabeth Mary Forget President & director 1 Jul 2005 Other 2767945
Hugh Charles Mchaffie Director 1 Jul 2005 Other 4752695
Anthony James Williamson Treasurer 1 Jul 2005 Other 4601252
Richard Carl Pearson Secretary 1 Jul 2005 Other 1270673
Leonard Mark Bakal Chief compliance officer 1 Jul 2005 Other 2537778
Paul Gerard Cellupica Vice president & chief legal officer 1 Jul 2005 Other 5002602

Indirect Owners

The SEC currently registers 7 indirect owners.

Name Entity Date acquired Ownership Employer ID
Citigroup Inc. Sole shareholder of associated 1 Dec 1988 75% - 100% 52-1568099
The Travelers Insurance Group Inc. Sole shareholder of tic 1 May 1994 75% - 100% 06-1008174
Inc. Associated Madison Companies Sole shareholder of pfs 1 Nov 1994 75% - 100% 13-3140258
Inc. Pfs Services Sole shareholder of tig 1 Sep 1995 75% - 100% 58-1708749
The Travelers Insurance Company Sole shareholder of plaza 1 Mar 1996 75% - 100% 06-0566090
Inc.) Citigroup Insurance Holding Corporation ("Cihc")(F/K/A Pfs Services Sole shareholder of tic 1 Aug 2002 75% - 100% 58-1708749
Inc. Metlife Sole shareholder 1 Jul 2005 75% - 100% 13-4075851

Based in New York

The principal office where Travelers Investment Adviser,Inc. performs its advisory services is located at 260 Madison Avenue, New York, NY 10016 The mailing address of the firm is 27 01 Queens Plaza North, New York, NY 11101. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 212-413-4875 or by fax 212-413-4891. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday.