Columbia Management Investment Advisers, LLC (Boston)

Name: Columbia Management Investment Advisers, LLC
Address: 225 Franklin Street, Boston, MA, 02110
Telephone: 800-225-2365

Columbia Management Investment Advisers, LLC is a large advisory firm based in Boston. It manages $323.13 billion of regulatory assets for 4,578 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Columbia Management Investment Advisers 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, selection of other advisers, and asset liability management, credit analysis & asset allocation svcs. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Columbia Management Investment Advisers: assets under management

The assets under management (AUM) of Columbia Management Investment Advisers, LLC is $323.13 billion. The firm's AUM has grown by 117% since the beginning of its operation, and $31.1 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $313.91 billion in discretionary accounts and $9.23 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $69.74 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $119.83 million.

Columbia Management Investment Advisers has custody of $1.26 billion in cash and securities for 14 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 25% of the total AUM. The second-largest asset type is other assets, which make up 14% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Columbia Management Investment Advisers, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Columbia Management Investment Advisers serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Columbia Management Investment Advisers is investment companies with 193 clients and $206.41 billion of assets under management. Among the 10 most similar advisory firms, Columbia Management Investment Advisers has the 3rd highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $313.3 billion for 2,591 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 11% of the firm’s clients are foreign persons or businesses.

Columbia Management Investment Advisers also advises several private funds. Namely, three hedge funds, four other private funds, and fourteen securitized asset funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $5,000,000.

Careers at Columbia Management Investment Advisers, LLC

The company employs 1,030 people that are either part- or full-time employees. 37 percent of the employees work as investment advisers or researchers. 211 employees are registered as investment adviser representatives with the state securities authorities.

There are 11 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Ameriprise Financial	Sole member	1 Oct 1985	75% - 100%	6320
Scott Roane Plummer	Vice president and chief legal officer	1 Mar 2006	Other	4336134
Colin James Lundgren	Managing director and head of fixed income	1 May 2010	Other	1682980
William Frederick Truscott	Chairman of the board	1 May 2010	Other	2416857
Brian Joseph Mcgrane	Director, senior vice president and chief financial officer	1 May 2010	Other	3260096
Amy Kathleen Johnson	Senior vice president and chief operating officer	1 May 2010	Other	2322692
Michael Anthony Jones	Director and president	1 May 2010	Other	4357853
Colin Moore	Director and chief investment officer	1 May 2010	Other	5393486
Amy Lynn Unckless	Senior vice president and chief administrative officer	1 May 2010	Other	5756452
Beth Ann Brown	Senior vice president-intermediary distribution asset management	1 May 2010	Other	2285159
Jeffrey Franklin Peters	Senior vice president and head of institutional distribution	1 May 2010	Other	2071974
Linda Jean Wondrack	Vice president and chief compliance officer	1 May 2010	Other	1589187
John Kevin Connaughton	Senior vice president and general manager mutual fund products	1 May 2010	Other	2483637
Robert Kendall Mcconnaughey	Managing director and head of equities	1 May 2010	Other	2980467
Christopher C Thompson	Senior vice president and head of investment products and marketing	1 May 2010	Other	1842220
Todd A White	Senior vice president and head of alternative and absolute return investments	1 May 2010	Other	1741884
William Frederick Truscott	Chairman of the board and president	1 Feb 2012	Other	2416857
Scott Roane Plummer	Senior vice president and chief legal officer	1 Feb 2012	Other	4336134
Amy Lynn Unckless	Member, board of governors, senior vice president and chief administrative officer	1 Mar 2012	Other	5756452
Jeffrey Franklin Peters	Member, board of governors, senior vice president and head of institutional distribution	1 Mar 2012	Other	2071974
Christopher C Thompson	Member, board of governors, senior vice president and head of investment products and marketing	1 Mar 2012	Other	1842220
Kevin G Poole	Chief compliance officer	1 Mar 2012	Other	4473527
Jeffrey L Knight	Managing director and head of global asset allocation	1 Feb 2013	Other	6162746
Robert Kendall Mcconnaughey	Managing director and global head of research	1 Jul 2013	Other	2980467
Lee A Faria	Chief compliance officer	1 Nov 2013	Other	5776595
Brian Joseph Mcgrane	Member, board of governors, executive vice president and chief financial officer	1 Jan 2014	Other	3260096
Colin Moore	Member, board of governors, executive vice president and global chief investment officer	1 Jan 2014	Other	5393486
Jeffrey Franklin Peters	Member, board of governors, managing director and head of global institutional distribution	1 Jan 2014	Other	2071974
Lee A Faria	Vice president and chief compliance officer	1 Jan 2014	Other	5776595
Amy Kathleen Johnson	Managing director and chief operating officer	1 Jan 2014	Other	2322692
Amy Lynn Unckless	Member, board of governors, managing director, head of private wealth management and global chief administrative officer	1 Jan 2014	Other	5756452
Christopher C Thompson	Member, board of governors, managing director and head of intermediary distribution, marketing and product	1 Jan 2014	Other	1842220
Scott Roane Plummer	Senior vice president, head of global asset management legal and assistant secretary	1 Apr 2014	Other	4336134
Amy Kathleen Johnson	Managing director and chief operating officer	1 Apr 2014	Other	2322692
Amy Lynn Unckless	Member, board of governors, managing director and head of private wealth management and investment only	1 Apr 2014	Other	5756452
Jeffrey L Knight	Managing director, global head of investment solutions and head of global asset allocation	1 Apr 2014	Other	6162746
Todd A White	Managing director and head of global insurance and alternatives	1 Apr 2014	Other	1741884
Stephen J Harasimowicz	Senior vice president and global head of trading	1 Jun 2014	Other	1227138
Melda Mergen	Director of u.s. equity investments	1 Jun 2014	Other	4053041
Joseph Dale Kringdon	Member, board of governors, managing director and head of intermediary distribution	1 Sep 2014	Other	1018338
William John Landes	Senior vice president and head of global investment solutions	1 Dec 2014	Other	5068166
Paul Brian Goucher	Chief legal officer, vice president and assistant secretary	1 Mar 2015	Other	5204480
Amy Kathleen Johnson	Managing director and global head of operations	1 Mar 2016	Other	2322692
Melda Mergen	Managing director and deputy global head of equities	1 Mar 2016	Other	4053041
Anthony Paul Haugen	Member, board of governors, vice president and chief financial officer	1 Oct 2016	Other	4816758
James Robert Cielinski	Managing director and global head of fixed income	1 Apr 2017	Other	6767911
Colin James Lundgren	Managing director and deputy global head of fixed income	1 Apr 2017	Other	1682980
Colin James Lundgren	Managing director and global head of fixed income	1 Sep 2017	Other	1682980
Scott Edward Couto	Member, board of governors, executive vice president and head of north america	1 Feb 2018	Other	2178859
William John Landes	Senior vice president, global head of solutions and global head of alternatives	1 May 2018	Other	5068166
William John Landes	Global head of investment solutions	1 Jun 2018	Other	5068166
Michael Gerald Clarke	Vice president, head of north american operations and co-head of global operations	1 Jun 2019	Other	4053214

Based in Boston

The principal office where Columbia Management Investment Advisers, LLC performs its advisory services is located at 225 Franklin Street, Boston, MA 02110, which is also the mailing address of the firm. An additional office of the firm is in Menlo Park, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-225-2365. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at ameriprise.com.