Clients
Nationwide Asset Management serves 3 clients, 2 of them investment companies. The average client has about $5.06 billion with the firm.
- Investment companies2 clients3%
- Pooled investment vehicles1 clients38%
- Pension and profit-sharing plans27%
- Insurance companies30%
- OtherBanking or thrift institutions, Charitable organizations, Other2%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Banking or thrift institutions | Not reported | $112,474,131 | 0.7% | — |
| Investment companies | 2 | $425,793,904 | 2.8% | $212.9M |
| Pooled investment vehicles | 1 | $5,716,286,643 | 37.6% | $5.72B |
| Pension and profit-sharing plans | Not reported | $4,171,892,167 | 27.5% | — |
| Charitable organizations | Not reported | $111,034,628 | 0.7% | — |
| Insurance companies | Not reported | $4,588,865,067 | 30.2% | — |
| Other | Not reported | $63,412,497 | 0.4% | — |
| Total | 3 | $15,189,759,037 | 100% | $5.06B |
- Clients
- Not reported
- Regulatory AUM
- $112,474,131
- Share
- 0.7%
- Avg. per client
- —
- Clients
- 2
- Regulatory AUM
- $425,793,904
- Share
- 2.8%
- Avg. per client
- $212.9M
- Clients
- 1
- Regulatory AUM
- $5,716,286,643
- Share
- 37.6%
- Avg. per client
- $5.72B
- Clients
- Not reported
- Regulatory AUM
- $4,171,892,167
- Share
- 27.5%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $111,034,628
- Share
- 0.7%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $4,588,865,067
- Share
- 30.2%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $63,412,497
- Share
- 0.4%
- Avg. per client
- —
Total
- Clients
- 3
- Regulatory AUM
- $15,189,759,037
- Share
- 100%
- Avg. per client
- $5.06B
What it does
Nationwide Asset Management provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and pension consulting. It is paid through a percentage of assets and other arrangements.
Nationwide Asset Management advises 2 private funds.
99.3% of assets ($15.08B across 12 accounts) are managed with discretion; $112.5M across 1 account is not. 0% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Funds13%
- Bonds65%
- Investment grade corporate bonds42%
- U.S. government and agency bonds21%
- State and local bonds2%
- Cash7%
- Other15%
- Structured securities such as abs, cmbs and non-agency mbs15%
Custodians
Nationwide Asset Management’s client accounts are held mainly at Bank of New York - Mellon, with 52% of managed assets, and J.P. Morgan, with 8%. Nationwide Asset Management does not have custody of client assets.
- Bank of New York - MellonBank of New York - Mellon · New York, NY · $7.87B52%
- J.P. MorganJP Morgan Chase · New York, NY · $1.18B8%
- All other custodians$6.14B40%
Ownership and leadership
Nationwide Mutual Insurance Company owns 75% or more of Nationwide Asset Management.
- Owns 75% or more of Nationwide Asset Management, LLC
Nationwide Mutual Insurance Company
Control person · since March 2007
Leadership
- Bradley BemanVice President and Manager
- Joel ColemanPresident and Manager
- Jill PhlegarVice President and Manager
- ALLISON MillikenChief Compliance Officer
Staff
- 212 employees
- 107 in advisory functions
- 10 broker-dealer reps
Fees
Nationwide Asset Management is paid through a percentage of assets under management and other.
Nationwide Asset Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Nationwide Asset Management has 0 offices, with 1 listed address in 1 state.
Ohio · 1 listed address
- One Nationwide Plaza, Mail Code 1-05-602, ColumbusHQ
Registration details
- Legal name
- Nationwide Asset Management, LLC
- Headquarters
- One Nationwide Plaza, Mail Code 1-05-602, Columbus, OH 43215
- Phone
- 614-435-6127
- Website
- Not reported
- SEC file
- 801-67833
- Structure
- Ohio LLC
- 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 Nationwide Asset Management have?
Nationwide Asset Management has 3 clients and manages $15.2 billion for them, as of March 2026. They include 2 investment companies and 1 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 March 2026
What services does Nationwide Asset Management offer?
Nationwide Asset Management provides portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Nationwide Asset Management use?
Nationwide Asset Management’s separately managed account assets are held at Bank of New York - Mellon (New York, NY), with $7,870,474,901 and JP Morgan Chase (New York, NY), with $1,177,457,361. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 March 2026
How many financial advisors does Nationwide Asset Management have?
Nationwide Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 212 employees, and 107 perform investment advisory functions. 10 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
What does Nationwide Asset Management invest in?
At the end of its last fiscal year, Nationwide Asset Management’s separately managed accounts held 42% investment grade corporate bonds, 21% U.S. government and agency bonds, 15% structured securities such as abs, cmbs and non-agency mbs, 13% pooled vehicles (private funds and similar), 7% cash and equivalents and 2% state and local bonds. It advises 2 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 Nationwide Asset Management?
Nationwide Asset Management’s direct owner is Nationwide Mutual Insurance Company (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 10 March 2026
How does Nationwide Asset Management get paid?
Nationwide Asset Management is paid through a percentage of assets under management and other arrangements. 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