Metlife Investment Advisors, LLC (Whippany)

Name: Metlife Investment Advisors, LLC
Address: One Metlife Way, Whippany, NJ, 07981
Telephone: 973-355-4000

Metlife Investment Advisors, LLC is a large advisory firm based in Whippany. It manages $461.02 billion of regulatory assets for 576 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of California, District of Columbia, Georgia, and 5 other states.

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

Metlife Investment Advisors: assets under management

The assets under management (AUM) of Metlife Investment Advisors, LLC is $461.02 billion. The firm's AUM has grown by 775% since the beginning of its operation, and $59.69 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $455.95 billion in discretionary accounts and $5.07 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $875.14 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $92.22 million.

Metlife Investment Advisors has custody of $93.25 billion in cash and securities for 23 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 41% of the total AUM. The second-largest asset type is government bonds, which make up 12% of the firm’s portfolio. Investments in state and local bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Metlife Investment Advisors, LLC for their services and products based on a percentage of assets under management and performance-based 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 Steven Jeffrey Goulart serves?

The firm provides services to insurance companies, investment companies, and pooled investment vehicles. The largest group of clients of Steven Jeffrey Goulart is insurance companies with 23 clients and $443.88 billion of assets under management. Among the 12 most similar advisory firms, Metlife Investment Advisors has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $459.13 billion for 35 clients. 38% of the firm’s clients are foreign persons or businesses.

Metlife Investment Advisors also advises several private funds. Namely, four hedge funds and two private equity funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Metlife Investment Advisors, LLC

The company employs 937 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 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 don’t receive compensation from other entities for client referrals.

Steven Jeffrey Goulart has been acting as President since 1 May 2011. Hugh Gerard Mccrory joined the executive team most recently as the Chief Counsel And Corporate Secretary (Chief Legal Officer).

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan Rosenthal	Manager	1 Oct 2006	Other	5247565
Hugh Gerard Mccrory	Secretary	1 Oct 2006	Other	5512865
Steven Albert Kandarian	President	1 Oct 2006	Other	1001260
Mira P Graetz Ball	Manager	1 Oct 2006	Other	5247559
Franci Donnantuono	Manager	1 Oct 2006	Other	5247563
Jeffrey Paul Halperin	Chief compliance officer	1 Oct 2006	Other	2899327
James D Kennedy	Manager	1 Oct 2006	Other	5247722
Inc. Metlife	Owner	1 Nov 2006	75% - 100%	13-4075851
Bradley D Rhoads	Manager	1 Jan 2009	Other	6046506
Michael John Yick	Chief financial officer	1 Sep 2009	Other	4187342
Steven Jeffrey Goulart	President	1 May 2011	Other	2595312
Joseph Patrick Pollaro	Manager	1 Oct 2012	Other	1910072
Robert Rabun Merck	Manager	1 Oct 2012	Other	6162850
Jane Jessica Dickson	Chief compliance officer	1 Jul 2013	Other	1814300
Nancy Mueller Handal	Manager	1 Jan 2015	Other	6471164
Elisabeth H Bedore	Chief compliance officer	1 Mar 2016	Other	5311786
Richard Jay Leist	Manager	1 Jun 2016	Other	4669102
Jude Thaddeus Driscoll	Manager	1 Apr 2018	Other	1817416
Hugh Gerard Mccrory	Chief counsel and corporate secretary (chief legal officer)	1 Jul 2019	Other	5512865
Llc Metlife Investment Management Holdings	Sole owner	1 Jul 2019	75% - 100%	82-2405817

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Metlife	Sole owner	1 Sep 2017	75% - 100%	13-4075851

Based in Whippany

The principal office where Metlife Investment Advisors, LLC performs its advisory services is located at One Metlife Way, Whippany, NJ 07981 The mailing address of the firm is One Metlife Way, Whippany, NJ 07981. An additional office of the firm is in Atlanta, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 973-355-4000. The normal business hours are 9:00 - 5:00 on Monday - Friday. You can find more information about the New York firm at metlife.com/investments/.