{"url":"https://nivawealth.com/firms/towers-watson-investment-services-110473","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/110473","regulatoryAum":62667567768,"crd":"110473","secFileNumber":"801-46008","legalName":"Towers Watson Investment Services, Inc.","displayName":"Towers Watson Investment Services","website":null,"founded":null,"organization":"Delaware corporation","fiscalYearEnd":"December","headquarters":{"street":"233 South Wacker Drive, Suite 1800","city":"Chicago","state":"IL","stateName":"Illinois","country":"United States","postalCode":"60606"},"tradeNames":[],"registration":{"secApproved":"22 March 1994","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":239,"advisory":233,"brokerDealerReps":18,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":54443056487,"discretionaryAccounts":134,"nonDiscretionary":8224511281,"nonDiscretionaryAccounts":4,"wrapProgram":null,"nonUsClientsPct":2,"nonAumClients":174},"clientTypes":[{"label":"Pooled investment vehicles","clients":1,"regulatoryAum":872485137},{"label":"Pension and profit-sharing plans","clients":106,"regulatoryAum":61795082631}],"fees":[],"feeNotes":[],"custodians":[{"name":"The Northern Trust Company","shortName":"The Northern Trust","location":"Chicago, IL","smaAssets":6774407027},{"name":"State Street Bank & Trust Company","shortName":"State Street Bank & Trust","location":"Boston, MA","smaAssets":8104705492}],"custodyNote":"Towers Watson Investment Services has custody of $61.80B for 105 clients.","otherCustodians":[],"leadership":[{"name":"Nimisha Srivastava","title":"Director, President","crd":"5205426"},{"name":"Klotilda Malko","title":"Chief Financial Officer and Treasurer","crd":"7288568"},{"name":"Paul Martin","title":"Director, Chief Operating Officer","crd":"6240915"},{"name":"Dragan Lazich","title":"Chief Compliance Officer","crd":"3236948"},{"name":"Adina Davis","title":"Secretary","crd":"6097245"},{"name":"Jonathan Pliner","title":"Director, Chief Investment Officer","crd":"7111553"},{"name":"Andrew Remijas","title":"Money Laundering Responsible Officer","crd":"6043867"}],"ownership":[{"label":"Willis Towers Watson US LLC","detail":"Parent company in the 75% or more ownership band and a control person, since January 1994."},{"label":"Towers Watson Delaware Holdings LLC","detail":"Indirect owner: a parent company of Willis Towers Watson US LLC in the 75% or more band and a control person, since January 2000.","parent":"Willis Towers Watson US LLC"},{"label":"Willis US Holding Company, LLC","detail":"Indirect owner: a parent company of Towers Watson Delaware Holdings LLC in the 75% or more band and a control person, since January 2016.","parent":"Towers Watson Delaware Holdings LLC"},{"label":"Willis North America , Inc","detail":"Indirect owner: a parent company of Willis US Holding Company, LLC in the 75% or more band and a control person, since January 2016.","parent":"Willis US Holding Company, LLC"},{"label":"Willis Group Limited","detail":"Indirect owner: a parent company of Willis North America , Inc in the 75% or more band and a control person, since January 2016.","parent":"Willis North America , Inc"},{"label":"Trinity Acquisition PLC","detail":"Indirect owner: a parent company of Willis Group Limited in the 75% or more band and a control person, since January 2016.","parent":"Willis Group Limited"},{"label":"Willis Investment U.K. Holdings Limited","detail":"Indirect owner: a parent company of Trinity Acquisition PLC in the 75% or more band and a control person, since January 2016.","parent":"Trinity Acquisition PLC"},{"label":"Willis Towers Watson Sub Holdings Unlimited Company (ireland)","detail":"Indirect owner: a parent company of Willis Investment U.K. Holdings Limited in the 75% or more band and a control person, since January 2016.","parent":"Willis Investment U.K. Holdings Limited"},{"label":"Willis Towers Watson Public Limited Company","detail":"Indirect owner: a parent company of Willis Towers Watson Sub Holdings Unlimited Company (ireland) in the 75% or more band and a control person, since January 2016.","parent":"Willis Towers Watson Sub Holdings Unlimited Company (ireland)"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":14,"privateResidences":1},"listedOfficeAddresses":14,"officesByState":[{"state":"Connecticut","offices":1,"addresses":[{"street":"3001 Summer Street","city":"Stamford"}]},{"state":"Florida","offices":1,"addresses":[{"street":"4301 West Boy Scout BLVD","city":"Tampa"}]},{"state":"Georgia","offices":1,"addresses":[{"street":"5 Concourse Parkway","city":"Atlanta"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"233 South Wacker Drive, Suite 1800","city":"Chicago","headquarters":true}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"75 Arlington Street","city":"Boston"}]},{"state":"Michigan","offices":1,"addresses":[{"street":"26555 Evergreen Road","city":"Southfield"}]},{"state":"New Jersey","offices":1,"addresses":[{"street":"101 JFK Parkway","city":"Short Hills"}]},{"state":"New York","offices":2,"addresses":[{"street":"12 E. 49th Street","city":"New York"},{"street":"200 Liberty Street","city":"New York"}]},{"state":"North Carolina","offices":1,"addresses":[{"street":"1120 South Tryon ST","city":"Charlotte"}]},{"state":"Ohio","offices":1,"addresses":[{"street":"205 West Fourth ST.","city":"Cincinnati"}]},{"state":"Pennsylvania","offices":2,"addresses":[{"street":"One PPG Place","city":"Pittsburgh"},{"street":"1900 Market Street","city":"Philadelphia"}]},{"state":"Washington","offices":1,"addresses":[{"street":"600 University Street","city":"Seattle"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"312-288-7700","stateRegisteredReps":8,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Other"],"activities":["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)","Publication of periodicals or newsletters","Market timing services","Educational seminars/workshops","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":1},{"label":"U.S. government/agency bonds","percent":25},{"label":"Investment grade corporate bonds","percent":13},{"label":"Securities issued by registered investment companies or business development companies","percent":1},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":26},{"label":"Cash and cash equivalents","percent":10},{"label":"Other","percent":24,"detail":"Bank Loans, Non- Agency- Asset Backed and Mortgage Backed Securities, Floating Rate Notes, and Term Loans."}],"privateFunds":11},"sources":{"adv1FilingDate":"30 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/110473/PDF/110473.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Towers Watson Investment Services have?","answer":"Towers Watson Investment Services has 107 clients and manages $62.7 billion for them, as of July 2026. They include 106 pension and profit-sharing plans and 1 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Towers Watson Investment Services offer?","answer":"Towers Watson Investment Services provides portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, market timing, educational seminars and other activities.","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 Towers Watson Investment Services use?","answer":"Towers Watson Investment Services’ separately managed account assets are held at State Street Bank & Trust Company (Boston, MA), with $8,104,705,492 and The Northern Trust Company (Chicago, IL), with $6,774,407,027. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Towers Watson Investment Services have?","answer":"Towers Watson Investment Services has 8 investment adviser representatives registered with state securities authorities, out of 239 employees, and 233 perform investment advisory functions. 18 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 Towers Watson Investment Services invest in?","answer":"At the end of its last fiscal year, Towers Watson Investment Services’ separately managed accounts held 26% pooled vehicles (private funds and similar), 25% U.S. government and agency bonds, 24% bank loans, non- agency- asset backed and mortgage backed securities, floating rate notes, and term loans., 13% investment grade corporate bonds, 10% cash and equivalents, 1% exchange-traded equities and 1% registered funds (mutual funds, ETFs, BDCs). It advises 11 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 Towers Watson Investment Services?","answer":"Towers Watson Investment Services is owned through a chain of holding companies by Willis Towers Watson Public Limited Company. Its direct owner is Willis Towers Watson US LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 30 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Towers Watson Investment Services get paid?","answer":"Towers Watson Investment Services is paid through a percentage of assets under management, hourly charges, fixed fees 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","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."}