Legal & General Investment Management America Inc. (Chicago)

Name: Legal & General Investment Management America Inc.
Address: 71 South Wacker Drive, Chicago, IL, 60606
Telephone: 312-585-0300

Legal & General Investment Management America Inc. is a large advisory firm based in Chicago. It manages $183.15 billion of regulatory assets for 747 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Delaware, Illinois, Massachusetts, Texas, and Washington.

Legal & General Investment Management America provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Legal & General Investment Management America: assets under management

The assets under management (AUM) of Legal & General Investment Management America Inc. is $183.15 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1944% since the beginning of its operation, and $87.43 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $183.15 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $245.18 million each.

Legal & General Investment Management America has custody of $8 billion in cash and securities for 16 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 34% of the total AUM. The second-largest asset type is government bonds, which make up 17% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Legal & General Investment Management America Inc. for their services and products based on a percentage of assets under management and fixed fees. 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 Mark Joseph Zinkula serves?

The firm provides services to insurance companies, investment companies, other investment advisers, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Mark Joseph Zinkula is other investment advisers with 17 clients and $88.13 billion of assets under management. Among the 10 most similar advisory firms, Legal & General Investment Management America has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $182.69 billion for 203 clients. 3% of the firm’s clients are foreign persons or businesses.

Legal & General Investment Management America also advises several private funds. Namely, twenty three other private funds. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Legal & General Investment Management America Inc.

The company employs 172 people that are either part- or full-time employees. 49 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.

Mark Joseph Zinkula has been acting as President since 1 Feb 2008. Gregory P Turner joined the executive team most recently as the Head Of Operations.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Legal & General Investment Management (Holdings) Limited	Shareholder	1 Oct 2006	75% - 100%	foreign
Werner Niklaus Vetsch	Chief operating officer	1 Dec 2006	Other	1605335
John Thomas Bender	Cio-fixed income, director	1 Sep 2007	Other	1864622
Werner Niklaus Vetsch	Chief compliance officer, chief operating officer, director	1 Sep 2007	Other	1605335
Kevin Gregory	Director	1 Sep 2007	Other	5629092
Roger Bartley	Director	1 Sep 2007	Other	4939469
Mark J. Zinkula	Chief executive officer, director	1 Oct 2007	Other	4353387
Mark Joseph Zinkula	Director	1 Feb 2008	Other	4353387
Robert Joseph Moore	Director	1 Oct 2008	Other	2445455
Robert Moore	Director	1 Oct 2008	Other	2445455
Terence John Toth	Director	1 Oct 2008	Other	4501033
Peter C Chambers	Director	1 Oct 2008	Other	4361404
Michael David Craston	Vice chairman, director	1 Nov 2011	Other	5980318
Lawrence Joseph Griffin	Chief compliance officer	1 Nov 2011	Other	5999515
Michael David Thomas Craston	Chief executive officer	1 Nov 2011	Other	5980318
Todd Lander Bowker	Head of operations	1 Feb 2012	Other	6438412
Aaron Meder	Head of us pension solutions, director	1 Aug 2012	Other	6104686
Aaron Meder	Head of investments, director	1 Feb 2013	Other	6104686
Siobhan Geraldine Boylan	Director	1 May 2013	Other	5511959
Richard S Davis	Director	1 Aug 2013	Other	62498
Chad Michael Rakvin	Head of us index, director	1 Feb 2014	Other	2469582
Legal & General Investment Management United States (Holdings) Inc.	Shareholder	1 May 2014	75% - 100%	35-2507123
Pat Joseph Ryan	Financial controller	1 Feb 2015	Other	6454657
Robert Joseph Moore	Ceo	1 Apr 2015	Other	2445455
Thomas Alan Meyers	Senior client distribution manager, head of distribution, director	1 Apr 2015	Other	1912302
Jodan Harwood Ledford	Head of us solutions, director	1 Apr 2015	Other	6488831
Gregory P Turner	Head of operations	1 Nov 2017	Other	5828095

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Legal & General Group Plc	Shareholder	1 Oct 2001	75% - 100%	foreign
Legal & General Investment Management (Holdings) Inc.	Shareholder	1 May 2014	75% - 100%	35-2507123

Based in Chicago

The principal office where Legal & General Investment Management America Inc. performs its advisory services is located at 71 South Wacker Drive, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-585-0300 or by fax 312-229-6455. The normal business hours are 8.00 am to 5.00 pm on Monday - Friday. You can find more information about the New York firm at lgima.com/ and its LinkedIn profile.