Mutual Of America Life Insurance Company
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Overview
Mutual Of America Life Insurance Company operates as a financial advisory firm based in New York, New York. Mutual Of America Life Insurance Company administers $747.6 million in total assets over 33 accounts, placing it among the bigger investment advisory firms in the United States by assets under management (AUM). The firm has a large group, including 2 financial advisors. Mutual Of America Life Insurance Company is not a registered broker-dealer, meaning it cannot buy and sell securities for its customers' and own accounts and instead must go through a broker-dealer firm to do so. Securities are exchangable financial investments like stocks, bonds and options.
Mutual Of America Life Insurance Company administers all of its client assets in a discretionary manner. Discretionary management means that transaction judgments are made by an investment advisor without requiring client consent. The investment advisory firm's average account size is $22.7 million. The typical advisor at Mutual Of America Life Insurance Company manages about 17 client accounts, placing it among the more personalized advisor firms in the country.
The firm's main office is located at 320 Park Avenue, New York, New York 10022-6839.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Mutual Of America Life Insurance Company by the Numbers
$747.6 million
950
33
$22.7 million
Fee Structure
Fees for financial management largely vary depending on which service is offered. Fees billed by the firm typically consist of non-traditional fee structures. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by Mutual Of America Life Insurance Company.
Available
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Offered by 10% of firms
Other
Unavailable
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Find one of the 69% of firms that offer this fee type
Percentage of Assets
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Find one of the 21% of firms that offer this fee type
Hourly
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Find one of the 1% of firms that offer this fee type
Commissions
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Find one of the 26% of firms that offer this fee type
Performance-based
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Find one of the 0% of firms that offer this fee type
Subscription
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Find one of the 32% of firms that offer this fee type
Fixed
Types of Clients
The firm works with pension plans. Out of its 33 accounts, Mutual Of America Life Insurance Company's biggest client is pension plans. None of the firm's clients reside abroad.
- High-Net-Worth Individuals* - 0%
- Other Individuals - 0%
- Corporations - 100%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Disclosures
Mutual Of America Life Insurance Company does not have any disclosures.
Please visit its Form ADV for more details.
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