Clients
Legal & General Investment Management America serves 195 clients, 98 of them pension and profit-sharing plans. The average client has about $1.37 billion with the firm.
- Investment companies2 clients4%
- Pooled investment vehicles52 clients18%
- Pension and profit-sharing plans98 clients15%
- Other investment advisers15 clients55%
- Insurance companies11 clients4%
- OtherCharitable organizations, State or municipal government entities, Sovereign wealth funds and foreign official institutions, Corporations and other businesses, Other4%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 2 | $10,829,622,628 | 4.1% | $5.41B |
| Pooled investment vehicles | 52 | $47,146,102,337 | 17.6% | $906.7M |
| Pension and profit-sharing plans | 98 | $39,937,215,261 | 14.9% | $407.5M |
| Charitable organizations | 3 | $820,884,278 | 0.3% | $273.6M |
| State or municipal government entities | 5 | $3,877,733,499 | 1.5% | $775.5M |
| Other investment advisers | 15 | $146,565,591,330 | 54.9% | $9.77B |
| Insurance companies | 11 | $12,001,550,769 | 4.5% | $1.09B |
| Sovereign wealth funds and foreign official institutions | 1 | $1,044,444,168 | 0.4% | $1.04B |
| Corporations and other businesses | 6 | $4,801,601,329 | 1.8% | $800.3M |
| Other | 2 | $139,631,554 | 0.1% | $69.8M |
| Total | 195 | $267,164,377,153 | 100% | $1.37B |
- Clients
- 2
- Regulatory AUM
- $10,829,622,628
- Share
- 4.1%
- Avg. per client
- $5.41B
- Clients
- 52
- Regulatory AUM
- $47,146,102,337
- Share
- 17.6%
- Avg. per client
- $906.7M
- Clients
- 98
- Regulatory AUM
- $39,937,215,261
- Share
- 14.9%
- Avg. per client
- $407.5M
- Clients
- 3
- Regulatory AUM
- $820,884,278
- Share
- 0.3%
- Avg. per client
- $273.6M
- Clients
- 5
- Regulatory AUM
- $3,877,733,499
- Share
- 1.5%
- Avg. per client
- $775.5M
- Clients
- 15
- Regulatory AUM
- $146,565,591,330
- Share
- 54.9%
- Avg. per client
- $9.77B
- Clients
- 11
- Regulatory AUM
- $12,001,550,769
- Share
- 4.5%
- Avg. per client
- $1.09B
- Clients
- 1
- Regulatory AUM
- $1,044,444,168
- Share
- 0.4%
- Avg. per client
- $1.04B
- Clients
- 6
- Regulatory AUM
- $4,801,601,329
- Share
- 1.8%
- Avg. per client
- $800.3M
- Clients
- 2
- Regulatory AUM
- $139,631,554
- Share
- 0.1%
- Avg. per client
- $69.8M
Total
- Clients
- 195
- Regulatory AUM
- $267,164,377,153
- Share
- 100%
- Avg. per client
- $1.37B
What it does
Legal & General Investment Management America provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets, fixed fees and performance-based fees.
Legal & General Investment Management America advises 20 private funds.
99.9% of assets ($266.79B across 546 accounts) are managed with discretion; $372.3M across 8 accounts are not. 5% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks50%
- Bonds44%
- Investment grade corporate bonds25%
- U.S. government and agency bonds13%
- High-yield corporate bonds5%
- State and local bonds1%
- Cash2%
- Other3%
- Asset backed securities and mortgage backed securities3%
Filed values cover 99%. The neutral 1% gap has no reported category.
Custodians
Legal & General Investment Management America’s client accounts are held mainly at Citibank, N.A., with 45% of managed assets, and The Bank of New York Mellon, with 9%. Legal & General Investment Management America has custody of $14.84B for 20 clients.
- Citibank, N.A.Citibank, N.A. · Columbus, OH · $120.85B45%
- The Northern TrustThe Northern Trust Company · Chicago, IL · $21.86B8%
- The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $23.01B9%
- All other custodians$101.45B38%
Ownership and leadership
Legal & General Investment Management, United States (holdings) Inc. owns 75% or more of Legal & General Investment Management America, and Jed Plafker is its CEO.
- Owns 75% or more of Legal & General Investment Management America Inc.
Legal & General Investment Management, United States (holdings) Inc.
Control person · since May 2014
- Owns 75% or more of Legal & General Investment Management, United States (holdings) Inc.
L&G - Asset Management Limited
since May 2014
- Owns 75% or more of L&G - Asset Management Limited
Legal & General Group PLC
since October 2001
Leadership
- Jed PlafkerChief Executive Officer, Director
- Patrick RyanChief Financial Officer, Director
- Kristina ST. CharlesGeneral Counsel & Interim Chief Compliance Officer
- Alexia GottschalchHead of Real Estate Equity
- Claude ReiffsteckHead of Global Investment Operations
- Jason ShoupChief Investment Officer, Director
Staff
- 262 employees
- 104 in advisory functions
- 1 soliciting firm
Fees
Legal & General Investment Management America is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.
Legal & General Investment Management America’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Legal & General Investment Management America has 0 offices, with 1 listed address in 1 state.
Illinois · 1 listed address
- 71 South Wacker Drive, Suite 800, ChicagoHQ
Registration details
- Legal name
- Legal & General Investment Management America Inc.
- Headquarters
- 71 South Wacker Drive, Suite 800, Chicago, IL 60606
- Phone
- 312-585-0300
- Website
- Not reported
- SEC file
- 801-69862
- 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 Legal & General Investment Management America have?
Legal & General Investment Management America has 195 clients and manages $267.2 billion for them, as of July 2026. They include 98 pension and profit-sharing plans, 52 pooled investment vehicles and 15 other investment advisers.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 July 2026
What services does Legal & General Investment Management America offer?
Legal & General Investment Management America provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Legal & General Investment Management America use?
Legal & General Investment Management America’s separately managed account assets are held at Citibank, N.A. (Columbus, OH), with $120,846,147,549, The Bank of New York Mellon (New York, NY), with $23,009,113,535 and The Northern Trust Company (Chicago, IL), with $21,863,654,101. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 July 2026
How many financial advisors does Legal & General Investment Management America have?
Legal & General Investment Management America has 0 investment adviser representatives registered with state securities authorities, out of 262 employees, and 104 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 Legal & General Investment Management America invest in?
At the end of its last fiscal year, Legal & General Investment Management America’s separately managed accounts held 50% exchange-traded equities, 25% investment grade corporate bonds, 13% U.S. government and agency bonds, 5% high-yield corporate bonds, 3% asset backed securities and mortgage backed securities, 2% cash and equivalents and 1% state and local bonds. It advises 20 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 Legal & General Investment Management America?
Legal & General Investment Management America is owned through a chain of holding companies by Legal & General Group PLC. Its direct owner is Legal & General Investment Management, United States (holdings) Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 1 July 2026
How does Legal & General Investment Management America get paid?
Legal & General Investment Management America is paid through a percentage of assets under management, fixed fees 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
