Nuveen Investments Advisers, LLC (Chicago)

Name: Nuveen Investments Advisers, LLC
Address: 333 West Wacker Drive, Chicago, IL, 60606
Telephone: 312-917-7700

Nuveen Investments Advisers, LLC is a large advisory firm based in Chicago. It manages $290.67 million of regulatory assets for 312 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Nuveen Investments Advisers provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, selection of other advisers, and overlay manager services in multi strategy accounts; marketing services for its affiliates; model portfolio advice.. 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 Investments Advisers: assets under management

The assets under management (AUM) of Nuveen Investments Advisers, LLC is $290.67 million. The firm's AUM has grown by 7% since the beginning of its operation, and $2.18 million of the total AUM is attributable to clients outside of the United States.

The firm manages $21.61 million in discretionary accounts and $269.05 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $10.81 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $867.91 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 65% of the total AUM. The second-largest asset type is state and local bonds, which make up 11% of the firm’s portfolio. Investments in non-exchange traded securities form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Nuveen Investments Advisers, 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 Investments Advisers serves?

The firm provides services to individuals, investment companies, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Nuveen Investments Advisers is individuals with 238 clients and $131.33 million of assets under management. Among the 13 most similar advisory firms, Nuveen Investments Advisers has the 4th highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $290.67 million for 312 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Nuveen Investments Advisers doesn't advise any private funds.

Careers at Nuveen Investments Advisers, LLC

The company employs 24 people that are either part- or full-time employees. 13 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 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

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Nuveen Investments	Managing member	1 Oct 2002	75% - 100%	36-381726
Stuart Jona Cohen	Managing director, general counsel	1 Nov 2002	Other	3144010
Sherri A Hlavacek	Controller	1 Oct 2006	Other	3172686
Mark William Slevin	Director of operations	1 Mar 2011	Other	1954740
Diane S Meggs	Chief compliance officer	1 Apr 2013	Other	4111164
Derek Allan Sasveld	Managing director and chief investment officer	1 Mar 2016	Other	6544446
Charles P Graves	Managing director	1 Aug 2016	Other	1369644
Austin Penn Wachter	Controller	1 Mar 2017	Other	6629077

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Nuveen Holdings	Shareholder	1 Nov 2007	75% - 100%	26-0373324
Llc Tiaa Asset Management Finance Company	Shareholder	1 Oct 2014	75% - 100%	47-1563437
Llc Tiaa Global Asset Management	Member	1 Oct 2014	75% - 100%	47-1595484
Teachers Insurance And Annuity Association Of America	Member	1 Oct 2014	75% - 100%	13-1624203
Tiaa Board Of Overseers	Shareholder	1 Oct 2014	75% - 100%	13-6110585
Llc Nuveen	Member	1 Oct 2014	75% - 100%	47-1595484
Llc Nuveen Finance	Shareholder	1 Jan 2017	75% - 100%	47-1563437
Inc. Nuveen Holdings 1	Shareholder	1 Jan 2017	75% - 100%	81-3425820

Based in Chicago

The principal office where Nuveen Investments Advisers, 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 San Francisco, CA. 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.