Legal & General Investment Management America Inc. (Chicago)


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.

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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.