Axa Equitable Funds Management Group, LLC (New York)

Axa Equitable Funds Management Group provides portfolio management for investment companies, portfolio management for pooled investment vehicles, selection of other advisers, and fund administration. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Axa Equitable Funds Management Group: assets under management

The assets under management (AUM) of Axa Equitable Funds Management Group, LLC is $145.4 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 54% since the beginning of its operation, and $352.44 million of the total AUM is attributable to clients outside of the United States.

The firm manages $145.4 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.03 billion each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Axa Equitable Funds Management Group, 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 Brian E (Mi Only) Walsh serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Brian E (Mi Only) Walsh is investment companies with 3 clients and $145.04 billion of assets under management. Among the 8 most similar advisory firms, Axa Equitable Funds Management Group has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $145.4 billion for 5 clients. 2% of the firm’s clients are foreign persons or businesses.

Axa Equitable Funds Management Group doesn't advise any private funds.

Careers at Axa Equitable Funds Management Group, LLC

The company employs 70 people that are either part- or full-time employees. 19 percent of the employees work as investment advisers or researchers. 3 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 receive compensation from other entities for client referrals.

Brian E (Mi Only) Walsh has been acting as President since 1 Feb 2011. Kenneth Thomas Kozlowski joined the executive team most recently as the Director.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 9 indirect owners.

Based in New York

The principal office where Axa Equitable Funds Management Group, LLC performs its advisory services is located at 1290 Avenue Of The Americas, New York, NY 10104, 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 212-314-5051 or by fax 212-314-1504. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at 1290funds.com.

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