{"url":"https://nivawealth.com/firms/aon-investments-usa-105596","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/105596","regulatoryAum":150986402821,"crd":"105596","secFileNumber":"801-17219","legalName":"Aon Investments USA Inc.","displayName":"Aon Investments USA","website":null,"founded":null,"organization":"Illinois corporation","fiscalYearEnd":"December","headquarters":{"street":"200 East Randolph Street, Suite 600","city":"Chicago","state":"IL","stateName":"Illinois","country":"United States","postalCode":"60601"},"tradeNames":["Aon"],"registration":{"secApproved":"21 May 1982","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":255,"advisory":248,"brokerDealerReps":19,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":118464245244,"discretionaryAccounts":277,"nonDiscretionary":32522157577,"nonDiscretionaryAccounts":23,"wrapProgram":null,"nonUsClientsPct":3,"nonAumClients":387},"clientTypes":[{"label":"Banking or thrift institutions","clients":20,"regulatoryAum":0},{"label":"Investment companies","clients":3,"regulatoryAum":0},{"label":"Pooled investment vehicles","clients":31,"regulatoryAum":34429124633},{"label":"Pension and profit-sharing plans","clients":272,"regulatoryAum":112660440350},{"label":"Charitable organizations","clients":8,"regulatoryAum":1182431625},{"label":"State or municipal government entities","clients":32,"regulatoryAum":127130051},{"label":"Insurance companies","clients":2,"regulatoryAum":0},{"label":"Corporations and other businesses","clients":139,"regulatoryAum":0},{"label":"Other","clients":72,"regulatoryAum":2587276162}],"fees":[],"feeNotes":[],"custodians":[{"name":"The Bank of New York Mellon","shortName":"The Bank of New York Mellon","location":"New York, NY","smaAssets":26320567072},{"name":"Northern Trust Corporation","shortName":"Northern Trust","location":"Chicago, IL","smaAssets":37702668483},{"name":"Fidelity Investments","shortName":"Fidelity","location":"Boston, MA","smaAssets":45309319318}],"custodyNote":"Aon Investments USA has custody of $150.99B for 163 clients.","otherCustodians":[],"leadership":[{"name":"David Testore","title":"Chief Operating Officer","crd":"5621146"},{"name":"Matthew Wallace","title":"Chief Compliance Officer","crd":"4829197"},{"name":"Beth Halberstadt","title":"Head of Solutions","crd":"5826625"},{"name":"Russell Ivinjack","title":"Global Chief Investment Officer","crd":"4517534"},{"name":"Ari Jacobs","title":"Global Head of Investments","crd":"5358812"},{"name":"Nicole Robertson","title":"Head of Investment Operations - North America","crd":"5079140"},{"name":"Bryan Ward","title":"Head of U.S. Investments","crd":"3107835"},{"name":"Kevin Zagortz","title":"US Chief Investment Officer","crd":"5736590"}],"ownership":[{"label":"Aon Consulting, Inc.","detail":"Owner in the 75% or more ownership band and a control person, since December 2010."},{"label":"Aon PLC","detail":"Indirect owner: a owner of Randolph Finance Unlimited Company in the 75% or more band and a control person, since April 2020.","parent":"Randolph Finance Unlimited Company"},{"label":"Aon Global Holdings PLC","detail":"Indirect owner: a owner of Aon Global Holdings Intermediaries Limited in the 75% or more band and a control person, since December 2021.","parent":"Aon Global Holdings Intermediaries Limited"},{"label":"Aon Corporation","detail":"Indirect owner: a owner of Aon Group, Inc. in the 75% or more band and a control person, since February 1997.","parent":"Aon Group, Inc."},{"label":"Aon Group, Inc.","detail":"Indirect owner: a owner of Aon Consulting, Inc. in the 75% or more band and a control person, since December 2018.","parent":"Aon Consulting, Inc."},{"label":"Aon Global Limited","detail":"Indirect owner: a owner of Aon Global Holdings PLC in the 75% or more band and a control person, since March 2020.","parent":"Aon Global Holdings PLC"},{"label":"Randolph Finance Unlimited Company","detail":"Indirect owner: a owner of Aon Global Limited in the 75% or more band and a control person, since April 2020.","parent":"Aon Global Limited"},{"label":"Aon Global Holdings Intermediaries Limited","detail":"Indirect owner: a owner of Aon North America, Inc. in the 75% or more band and a control person, since July 1980.","parent":"Aon North America, Inc."},{"label":"Aon North America, Inc.","detail":"Indirect owner: a owner of Aon Corporation in the 75% or more band and a control person, since April 2022.","parent":"Aon Corporation"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":14,"privateResidences":0},"listedOfficeAddresses":15,"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"425 Market ST","city":"San Francisco"},{"street":"17875 Von Karman","city":"Irvine"}]},{"state":"Connecticut","offices":1,"addresses":[{"street":"800 Connecticut Ave","city":"Norwalk"}]},{"state":"Florida","offices":1,"addresses":[{"street":"4651 Salisbury RD.","city":"Jacksonville"}]},{"state":"Georgia","offices":1,"addresses":[{"street":"3 Ravina DR.","city":"Atlanta"}]},{"state":"Illinois","offices":2,"addresses":[{"street":"200 East Randolph Street, Suite 600","city":"Chicago","headquarters":true},{"street":"3000 Lakeside Drive","city":"Bannockburn"}]},{"state":"Massachusetts","offices":2,"addresses":[{"street":"700 District Avenue","city":"Burlington"},{"street":"53 State Street","city":"Boston"}]},{"state":"Minnesota","offices":1,"addresses":[{"street":"5600 W. 83rd.","city":"Bloomington"}]},{"state":"Missouri","offices":1,"addresses":[{"street":"4220 Duncan Ave","city":"ST Louis"}]},{"state":"New Jersey","offices":1,"addresses":[{"street":"200 Connell Drive","city":"Berkeley Heights"}]},{"state":"New York","offices":1,"addresses":[{"street":"165 Broadway One Liberty Plaza","city":"New York"}]},{"state":"North Carolina","offices":1,"addresses":[{"street":"4000 Center;north Hills ST","city":"Raleigh"}]},{"state":"Washington","offices":1,"addresses":[{"street":"1420 Fifth Avenue","city":"Seattle"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"13123817963","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)","Educational seminars/workshops"],"financialPlanningClients":"0","assetMix":[{"label":"Securities issued by registered investment companies or business development companies","percent":6},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":82},{"label":"Cash and cash equivalents","percent":3},{"label":"Other","percent":10,"detail":"Accounts Managed by Unaffiliated Investment Advisors Where Aon Has Discretionary Authority to Hire and Fire Such Managers."}],"privateFunds":8},"sources":{"adv1FilingDate":"25 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/105596/PDF/105596.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Aon Investments USA have?","answer":"Aon Investments USA has 579 clients and manages $151 billion for them, as of March 2026. They include 272 pension and profit-sharing plans, 139 corporations and other businesses and 72 other clients.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Aon Investments USA offer?","answer":"Aon Investments USA provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Aon Investments USA use?","answer":"Aon Investments USA’s separately managed account assets are held at Fidelity Investments (Boston, MA), with $45,309,319,318, Northern Trust Corporation (Chicago, IL), with $37,702,668,483 and The Bank of New York Mellon (New York, NY), with $26,320,567,072. 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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Aon Investments USA have?","answer":"Aon Investments USA has 0 investment adviser representatives registered with state securities authorities, out of 255 employees, and 248 perform investment advisory functions. 19 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Aon Investments USA invest in?","answer":"At the end of its last fiscal year, Aon Investments USA’s separately managed accounts held 82% pooled vehicles (private funds and similar), 10% accounts managed by unaffiliated investment advisors where aon has discretionary authority to hire and fire such managers., 6% registered funds (mutual funds, ETFs, BDCs) and 3% cash and equivalents. It advises 8 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Aon Investments USA?","answer":"Aon Investments USA is owned through a chain of holding companies by Aon PLC. Its direct owner is Aon Consulting, Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 25 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Aon Investments USA get paid?","answer":"Aon Investments USA is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}