Allianz Life Advisers, LLC (Minneapolis)

Allianz Life Advisers, LLC is a large advisory firm based in Minneapolis. It manages $8.13 billion of regulatory assets for 39 client accounts. It has been registered with the SEC as an adviser since 2006.

Allianz Life Advisers provides portfolio management for investment companies and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Allianz Life Advisers: assets under management

The assets under management (AUM) of Allianz Life Advisers, LLC is $8.13 billion. The firm's AUM has grown by 39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.14 billion in discretionary accounts and $5.98 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $714.92 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $166.16 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Allianz Life Advisers, LLC for their services and products based on a percentage of assets under management. 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.

Careers at Allianz Life Advisers, LLC

Jeffrey Walter Kletti has been acting as President since 1 Apr 2005. Henry Bernt Von Ohlen joined the executive team most recently as the Chief Legal Officer, Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Allianz Life Insurance Company Of North America	Member	1 Mar 2001	75% - 100%	41-1366075
Michael Mead Ahles	Vice president, director	1 Mar 2001	Other	2473963
Stephen Gerard Simon	Chief compliance officer	1 Oct 2004	Other	4871134
Jeffrey Walter Kletti	President/director	1 Apr 2005	Other	1674658
Carolyn Beach Shaw	Director, chief financial officer and treasurer	1 Apr 2005	Other	4317937
Kevin Eduard Walker	Director, vice president and assistant treasurer	1 Apr 2005	Other	5076224
Frank Clayton Tonnemaker	Vice president, director	1 Jul 2006	Other	1261136
Brian James Muench	Director, cfo and treasurer	1 Aug 2006	Other	2705076
Henry Bernt Von Ohlen	Chief legal officer, secretary	1 Nov 2006	Other	4219234
Angela May Wilson	Vice president, director	1 Nov 2006	Other	2584386
William Edward Gaumond	Vice president, director	1 Nov 2006	Other	5294073

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Allianz Aktiengesellschaft	Shareholder	1 Jun 1976	75% - 100%	98-0122343
Allianz Societas Europaea	Shareholder	1 Jun 1976	75% - 100%	98-0122343
Inc. Allianz Of America	Shareholder	1 Nov 1979	75% - 100%	13-2883190

Based in Minneapolis

The principal office where Allianz Life Advisers, LLC performs its advisory services is located at 5701 Golden Hills Drive, Minneapolis, MN 55416 1297 The mailing address of the firm is 5701 Golden Hills Drive, Minneapolis, MN 55416 1297. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 763-765-7330 or by fax 763-765-6225. The normal business hours are 8:00am to 5:00pm on Monday - Friday.