Jackson National Asset Management, LLC is a large advisory firm based in Lansing. It manages $31.62 billion of regulatory assets for 30 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Michigan.
Jackson National Asset Management provides portfolio management for investment companies, selection of other advisers, and jnam may provide research and/or consulting services to affiliated entities.. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Jackson National Asset Management, LLC is $31.62 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 380% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Jackson National Asset Management, LLC 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.
The only and largest group of clients of Mark Daniel Nerud is investment companies with 30 clients and $31.62 billion of assets under management. Among the 7 most similar advisory firms, Jackson National Asset Management has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $31.62 billion for 30 clients. None of the firm’s clients are foreign persons or businesses.
Jackson National Asset Management also advises several private funds. Namely, eight other private funds.
The company employs 180 people that are either part- or full-time employees. 7 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 Daniel Nerud has been acting as President since 1 Jan 2007. Joseph Brendan O'boyle joined the executive team most recently as the Vice President.
The principal office where Jackson National Asset Management, LLC performs its advisory services is located at 1 Corporate Way, Lansing, MI 48951, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 517-381-5500 or by fax 517-706-5517. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday.