Aegon Usa Investment Management, LLC (Cedar Rapids)


Aegon Usa Investment Management, LLC is a large advisory firm based in Cedar Rapids. It manages $95.97 billion of regulatory assets for 239 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois, Iowa, and Maryland.

Aegon Usa Investment Management provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and credit research. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Aegon Usa Investment Management: assets under management

The assets under management (AUM) of Aegon Usa Investment Management, LLC is $95.97 billion. The firm's AUM has grown by 119956% since the beginning of its operation, and $15.19 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $95.29 billion in discretionary accounts and $688.64 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $412.49 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $86.08 million.
Aegon Usa Investment Management has custody of $77.64 billion in cash and securities for 37 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 16% of the total AUM. The second-largest asset type is government bonds, which make up 14% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Aegon Usa Investment Management, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Gary Douglas Black serves?

The firm provides services to insurance companies, investment companies, other investment advisers, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Gary Douglas Black is insurance companies with 27 clients and $72.12 billion of assets under management. Among the 11 most similar advisory firms, Aegon Usa Investment Management has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $95.04 billion for 79 clients. 31% of the firm’s clients are foreign persons or businesses.

Aegon Usa Investment Management also advises several private funds. Namely, three hedge funds, one liquidity fund, two other private funds, and eight securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at Aegon Usa Investment Management, LLC

The company employs 318 people that are either part- or full-time employees. 26 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There are 4 people 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 receive compensation from other entities for client referrals.

Gary Douglas Black has been acting as President since 1 Jun 2016. Christopher C Thompson joined the executive team most recently as the President And Head Of Distribution.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
L.L.C. Transamerica Holding Company Sole owner 1 Jun 2001 75% - 100% 42-1496490
Daniel Paul Fox Executive vice president-risk management 1 Sep 2001 Other 4352814
Douglas C Kolsrud Director & chairman of the board 1 Sep 2001 Other 4331888
Craig Dean Vermie Director 1 Sep 2001 Other 1013608
Brenda Kay Clancy Director 1 Sep 2001 Other 853398
Eric Byck Goodman President & cio 1 Sep 2001 Other 4352804
Clifford Alan Sheets Executive vice president-director of securities 1 Sep 2001 Other 2169215
Daniel P. Fox Executive vp-risk management 1 Sep 2001 Other 4352814
William S. Cook Executive vp 1 Sep 2001 Other 4352818
David R. Ludke Executive vp 1 Sep 2001 Other 4352820
David M. Carney Senior vice president/cfo 1 Sep 2001 Other 4352825
Paul John Houk Secretary & general counsel 1 Sep 2001 Other 4353477
Mary Christina Galligan Assistant vice president/compliance 1 Sep 2001 Other 1670888
David Michael Carney Elected manager, executive vice president, treasurer/cfo 1 Sep 2001 Other 4352825
Kirk William Buese Executive vice president-private and structured finance and interim chief investment officer 1 Jan 2002 Other 4353167
Mark J. Zinkula Executive vp-public fixed income 1 Jan 2002 Other 4353387
Sarah Coxe Lange Executive vp-portfolio management 1 Mar 2002 Other 4333316
Frank Edward Collecchia Executive vice president - portfolio management 1 Aug 2003 Other 1003925
James K Schaeffer Executive vice president and co-head of public fixed income 1 Oct 2004 Other 4221163
Jessica Leigh Cole Chief compliance officer 1 Oct 2004 Other 4872361
David Lynn Blankenship Executive vice president/chief operating officer 1 Jan 2006 Other 1275440
Joshua Ethan Braverman Senior vice president-head of derivative trading 1 May 2007 Other 2008240
Joel Lawrence Coleman Manager, executive vice president-head of portfolio management 1 Jun 2007 Other 3175167
Bradley Jay Beman Executive vice president - head of fixed income 1 Mar 2008 Other 5502772
Karen Hufnagel Fleming Senior vice president 1 Feb 2009 Other 2813130
Llc Aegon Usa Asset Management Holding Member 1 Oct 2009 75% - 100% 52-1549874
David Lynn Blankenship Elected manager, executive vice president-head of fixed income and distribution 1 Oct 2009 Other 1275440
Stephanie Marie Phelps Senior vice president, treasurer/cfo 1 Oct 2009 Other 4353309
Willem Hendrik Van Houwelingen Manager 1 Dec 2009 Other 5687493
Terry Lee Leitch Executive vice president - derivatives 1 Mar 2010 Other 2205325
Sarah Anne Cecil Russell Global chief executive officer aam 1 Sep 2010 Other 5120890
Karen Hufnagel Fleming Senior vice president and chief administrative officer 1 Jan 2011 Other 2813130
Carl Marion Rizzo Chief compliance officer 1 May 2011 Other 5922265
David Lynn Blankenship Elected manager, president 1 Jun 2011 Other 1275440
Bradley Jay Beman Chief investment officer, executive vice president 1 Jun 2011 Other 5502772
Jacqueline D Griffin Elected manager, executive vice president - general account 1 Jun 2011 Other 5905952
Richard John Walz Chief compliance officer 1 Oct 2011 Other 1392836
Stephanie Marie Phelps Elected manager, senior vice president, treasurer/cfo 1 Nov 2011 Other 4353309
Philip Armand Alice Lemmens Global chief risk officer aam 1 Jan 2012 Other 6467331
Renee Denise Montz Secretary and general counsel 1 Jan 2012 Other 6014640
Darlene Greene Head of human resources us 1 May 2012 Other 6631764
James Anthony Mautino Chief compliance officer 1 Jan 2014 Other 2104106
Alexander Hendrikus Maatman Global chief financial officer aam 1 May 2014 Other 6562158
Katherine Anne Schulze Secretary 1 May 2014 Other 6360365
Thomas Anthony Swank Elected manager, president 1 Jul 2014 Other 2942757
Richard Jay Wirth General counsel and secretary 1 Sep 2014 Other 2539506
Werner Niklaus Vetsch Chief operating officer and senior vice president 1 Feb 2015 Other 1605335
Thomas Ward Neukranz Senior vice president-head of distribution 1 Apr 2015 Other 1702948
Gary Douglas Black President 1 Jun 2016 Other 1709937
Martin Gerard Coughlan Executive vice president and head of distribution 1 Oct 2016 Other 5075017
Christoph Gabler Aam executive committee member 1 Mar 2017 Other 6758286
Scott Cote Aam executive committee member 1 Mar 2017 Other 6760933
Douglas Alan Weih Executive vice president and co-head of public fixed income 1 Sep 2018 Other 7028536
Stephanie Marie Phelps Executive vice president and chief administrative officer 1 Jan 2019 Other 4353309
Christopher C Thompson Head of distribution 1 Apr 2019 Other 1842220
Christopher C Thompson President and head of distribution 1 Jun 2019 Other 1842220

Indirect Owners

The SEC currently registers 39 indirect owners.

Name Entity Date acquired Ownership Employer ID
Aegon International N.V. Owner 1 Oct 1936 75% - 100% foreign
Aegon N.V. Shareholder 1 May 1969 75% - 100% 98-0339423
Aegon Nv Shareholder 1 May 1969 75% - 100% 98-0339423
Vereniging Aegon Sh 1 Nov 1978 50% - 75% 00-0000000
Aegon U.S. Corporation Owner 1 May 1986 75% - 100% 13-13350744
The Aegon Trust Owner 1 Jul 1986 75% - 100% 00-0000000
Aegon International B.V. Settlor 1 Jul 1986 75% - 100% 98-0341716
Aegon International N.V. Settlor 1 Jul 1986 75% - 100% 98-0341716
Aegon International N.V. Owner 1 Feb 1991 75% - 100% foreign
Aegon N.V. Owner 1 Feb 1991 75% - 100% foreign
The Aegon Trust Owner 1 Jun 1996 75% - 100% 00-0000000
Inc. Aegon Usa Owner 1 Oct 1999 75% - 100% 42-1310237
Llc Aegon U.S. Holding Corporation Owner 1 Oct 1999 75% - 100% 13-3350744
Aegon U.S. Holding Corporation Owner 1 Feb 2001 75% - 100% 42-1310237
Inc. Aegon Usa Owner 1 May 2001 75% - 100% 42-1310237
Aegon U.S. Holding Corporation Owner 1 Dec 2001 75% - 100% 13-3350744
Aegon U.S. Corporation Owner 1 Dec 2001 75% - 100% 45-1528022
The Aegon Trust Shareholder 1 Feb 2004 75% - 100% 51-6513848
Inc. Aegon Usa Owner 1 Nov 2004 75% - 100% 42-1310237
Llc Aegon Usa Member 1 Nov 2004 75% - 100% 13-3350744
The Aegon Trust Owner 1 Dec 2004 75% - 100% 51-6513848
Transamerica Corporation Owner 1 Dec 2004 75% - 100% 42-1484983
Aegon Trust Owner 1 Dec 2004 75% - 100% 51-6513848
David Michael Carney Elected manager 1 Jan 2005 Other 4352825
David Lynn Blankenship Elected manager 1 Jul 2006 Other 1275440
Aegon International B.V. Owner 1 Dec 2007 75% - 100% 98-0341716
Aegon Nv Owner 1 Dec 2007 75% - 100% 98-0339423
Joel Lawrence Coleman Elected manager 1 Mar 2008 Other 3175167
Llc Aegon Usa Owner 1 Aug 2008 75% - 100% 13-3350744
Aegon U.S. Holding Corporation Owner 1 Aug 2008 75% - 100% 13-3350744
Ausa Holding Company Owner 1 Aug 2009 75% - 100% 52-1549874
Llc Ausa Holding Owner 1 Oct 2009 75% - 100% 52-1549874
Werner Niklaus Vetsch Elected manager 1 Apr 2015 Other 1605335
Steven J Myers Elected manager 1 May 2015 Other 6490381
Kirk William Buese Elected manager 1 Nov 2015 Other 4353167
Martin Gerard Coughlan Elected manager 1 May 2017 Other 5075017
Martin Michael Arthur Davis Elected manager 1 May 2017 Other 6841736
Richard Jay Wirth Elected manager 1 Mar 2019 Other 2539506
Marc Van Weede Elected manager 1 May 2019 Other 7133284

Based in Cedar Rapids

The principal office where Aegon Usa Investment Management, LLC performs its advisory services is located at 6300 C Street Sw, Cedar Rapids, IA 52499 5338, which is also the mailing address of the firm. An additional office of the firm is in Baltimore, MD. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 319-355-3598. The normal business hours are 8:00 a.m. - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at aegoninvestments.com.