Dws Investment Management Americas, Inc. (New York)

Name: Dws Investment Management Americas, Inc.
Address: 345 Park Avenue, New York, NY, 10154
Telephone: 212-250-2500

Dws Investment Management Americas, Inc. is a large advisory firm based in New York. It manages $178.42 billion of regulatory assets for 659 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

Dws Investment Management Americas 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.

Dws Investment Management Americas: assets under management

The assets under management (AUM) of Dws Investment Management Americas, Inc. is $178.42 billion. The firm's AUM has gone down by -10% since the beginning of its operation, and $59.09 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $176.86 billion in discretionary accounts and $1.56 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $272.1 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $173.12 million.

Dws Investment Management Americas has custody of $666.3 million in cash and securities for 3 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in government bonds the most. They account for 30% of the total AUM. The second-largest asset type is other assets, which make up 11% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dws Investment Management Americas, Inc. 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 Cynthia Pierce Nestle serves?

The firm provides services to insurance companies, investment companies, pooled investment vehicles, business development companies, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Cynthia Pierce Nestle is insurance companies with 66 clients and $87.49 billion of assets under management. Among the 9 most similar advisory firms, Dws Investment Management Americas has the 2nd highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $164.61 billion for 176 clients. 17% of the firm’s clients are foreign persons or businesses.

Dws Investment Management Americas also advises several private funds. Namely, one hedge fund, one real estate fund, one other private fund, and three securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Dws Investment Management Americas, Inc.

The company employs 511 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Cynthia Pierce Nestle has been acting as President since 1 Dec 2013. Luke Antony Oliver joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nancy Lee Tanzil	Chief financial officer and treasurer	1 Apr 2013	Other	2207396
Cynthia Pierce Nestle	Director	1 Dec 2013	Other	1835650
John Brian Millette	Chief legal officer	1 May 2015	Other	6500405
Gregory Mitchell Staples	Director	1 Aug 2016	Other	4353924
Fiona Teresa Bassett	Director	1 Aug 2016	Other	6412342
Paul David Blodgett	Director	1 Aug 2016	Other	5428466
Dws Usa Corporation	Shareholder	1 Aug 2017	75% - 100%	82-2196192
Michelle Sharon Goveia	Chief compliance officer	1 Aug 2017	Other	2860014
Freddi Klassen	Chief operating officer	1 Jun 2018	Other	6734901
David S Bianco	Director, chairman, chief executive officer and president	1 Jun 2018	Other	2646719
Luke Antony Oliver	Director	1 Jul 2019	Other	5731881

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Dws Group Gmbh & Co. Kgaa	Shareholder	1 Apr 2018	75% - 100%	foreign
Db Beteiligungs Holding Gmbh	Shareholder	1 Apr 2018	75% - 100%	foreign
Deutsche Bank Ag	Shareholder	1 Apr 2018	75% - 100%	13-2944988

Based in New York

The principal office where Dws Investment Management Americas, Inc. performs its advisory services is located at 345 Park Avenue, New York, NY 10154, which is also the mailing address of the firm. An additional office of the firm is in Jacksonville, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-250-2500. The normal business hours are 9:00 to 5:00 on Monday - Friday. You can find more information about the New York firm at dws.com.