Clients
Allstate Investment Management serves 97 clients, 60 of them corporations and other businesses. The average client has about $273 million with the firm.
- Pooled investment vehicles24 clients42%
- Pension and profit-sharing plans3 clients16%
- Insurance companies7 clients8%
- Corporations and other businesses60 clients33%
- Charitable organizations2 clients1%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 24 | $11,078,216,984 | 41.9% | $461.6M |
| Pension and profit-sharing plans | 3 | $4,181,143,116 | 15.8% | $1.39B |
| Charitable organizations | 2 | $148,402,274 | 0.6% | $74.2M |
| Other investment advisers | 1 | $0 | 0.0% | $0 |
| Insurance companies | 7 | $2,240,995,678 | 8.5% | $320.1M |
| Corporations and other businesses | 60 | $8,807,007,375 | 33.3% | $146.8M |
| Total | 97 | $26,455,765,427 | 100% | $272.7M |
- Clients
- 24
- Regulatory AUM
- $11,078,216,984
- Share
- 41.9%
- Avg. per client
- $461.6M
- Clients
- 3
- Regulatory AUM
- $4,181,143,116
- Share
- 15.8%
- Avg. per client
- $1.39B
- Clients
- 2
- Regulatory AUM
- $148,402,274
- Share
- 0.6%
- Avg. per client
- $74.2M
- Clients
- 1
- Regulatory AUM
- $0
- Share
- 0.0%
- Avg. per client
- $0
- Clients
- 7
- Regulatory AUM
- $2,240,995,678
- Share
- 8.5%
- Avg. per client
- $320.1M
- Clients
- 60
- Regulatory AUM
- $8,807,007,375
- Share
- 33.3%
- Avg. per client
- $146.8M
Total
- Clients
- 97
- Regulatory AUM
- $26,455,765,427
- Share
- 100%
- Avg. per client
- $272.7M
What it does
Allstate Investment Management provides portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers. It is paid through a percentage of assets and performance-based fees.
Allstate Investment Management advises 23 private funds.
100.0% of assets ($26.46B across 49 accounts) are managed with discretion. 43% of clients are outside the U.S., and 48 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks14%
- Non-exchange-traded equities9%
- Exchange-traded equities5%
- Funds6%
- Bonds75%
- U.S. government and agency bonds42%
- Investment grade corporate bonds28%
- High-yield corporate bonds3%
- State and local bonds2%
- Cash3%
- Other1%
- Bank loan; abs1%
Filed values cover 99%. The neutral 1% gap has no reported category.
Custodians
Allstate Investment Management’s client accounts are held mainly at Bank of New York Mellon, with 61% of managed assets. Allstate Investment Management has custody of $18.02B for 38 clients.
- Bank of New York MellonBank of New York Mellon Corp · New York, NY · $16.24B61%
- All other custodians$10.21B39%
Ownership and leadership
Allstate Non-Insurance Holdings Inc. owns 75% or more of Allstate Investment Management.
- Owns 75% or more of Allstate Investment Management Company
Allstate Non-Insurance Holdings Inc.
Control person · since July 1998
- Owns 75% or more of Allstate Non-Insurance Holdings Inc.
The Allstate Corporation
Control person · since July 1995
Leadership
- John DugenskeDirector, Chairman of the Board, President and Chief Investment Officer
- Hiren ParikhVice President / Director, Chief Risk Officer and Managing Director
- Alexandra Reich BandDirector / Senior Vice President, Treasurer and Chief Financial Officer
- Elliot StultzSenior Vice President, General Counsel and Secretary / Director
- James ST. JohnChief Compliance Officer
- Philip BridesSenior Managing Director / Director
- Peter KeehnSenior Managing Director / Director
- Robert SmithManaging Director / Director
- Janelle WoodwardSenior Managing Director / Director
Staff
- 149 employees
- 119 in advisory functions
Fees
Allstate Investment Management is paid through a percentage of assets under management and performance-based fees.
Allstate Investment Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Allstate Investment Management has 0 offices, with 1 listed address in 1 state.
Illinois · 1 listed address
- 444 West Lake Street, Suite 4500, ChicagoHQ
Registration details
- Legal name
- Allstate Investment Management Company
- Headquarters
- 444 West Lake Street, Suite 4500, Chicago, IL 60606
- Phone
- 312-728-5494
- Website
- Not reported
- SEC file
- 801-30535
- Structure
- Delaware corporation
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Allstate Investment Management have?
Allstate Investment Management has 97 clients and manages $26.5 billion for them, as of March 2026. They include 60 corporations and other businesses, 24 pooled investment vehicles and 7 insurance companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026
What services does Allstate Investment Management offer?
Allstate Investment Management provides portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Allstate Investment Management use?
Allstate Investment Management’s separately managed account assets are held at Bank of New York Mellon Corp (New York, NY), with $16,241,235,713. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026
How many financial advisors does Allstate Investment Management have?
Allstate Investment Management has 0 investment adviser representatives registered with state securities authorities, out of 149 employees, and 119 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Allstate Investment Management invest in?
At the end of its last fiscal year, Allstate Investment Management’s separately managed accounts held 42% U.S. government and agency bonds, 28% investment grade corporate bonds, 9% non-exchange-traded equities, 6% pooled vehicles (private funds and similar), 5% exchange-traded equities, 3% high-yield corporate bonds, 3% cash and equivalents, 2% state and local bonds and 1% bank loan; abs. It advises 23 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Allstate Investment Management?
Allstate Investment Management is owned through a holding company by The Allstate Corporation. Its direct owner is Allstate Non-Insurance Holdings Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026
How does Allstate Investment Management get paid?
Allstate Investment Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file