Mutual of America Life Insurance Company
Assets Under Management
$335.6M
Number of Clients
22
Number of Advisors
N/A
Average Client AUM
$15.3M
AUM per Advisor
N/A
Compensation
N/A
About This Firm
Mutual of America provides investment allocation services to certain large clients with group variable annuity contracts or pension investment contracts used to fund their defined benefit pension plans. They allocate pension assets among Separate Account investment funds or Individual Separate Accounts based on the client's written authorization and investment guidelines. There is no additional charge for these services.
Fee Structure
There is currently no additional charge for the investment allocation services provided to defined benefit pension plans. Clients pay the Annual Separate Account Expenses and underlying fund expenses, including investment management fees and other expenses of each Separate Account investment fund and Individual Separate Account to which pension assets are allocated. A client must have pension plan assets of at least $1,000,000 under the contract in order to be eligible for asset allocation management.
Areas of Practice
Location
320 Park Avenue, New York, NY, 10022-6839