Clients
Transamerica Retirement Advisors serves 212,722 clients, 212,700 of them individuals. The average client has about $89,000 with the firm.
- Individuals212,700 clients93%
- Pension and profit-sharing plans22 clients7%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 212,700 | $17,445,832,699 | 92.7% | $82K |
| Pension and profit-sharing plans | 22 | $1,381,643,387 | 7.3% | $62.8M |
| Total | 212,722 | $18,827,476,086 | 100% | $89K |
- Clients
- 212,700
- Regulatory AUM
- $17,445,832,699
- Share
- 92.7%
- Avg. per client
- $82K
- Clients
- 22
- Regulatory AUM
- $1,381,643,387
- Share
- 7.3%
- Avg. per client
- $62.8M
Total
- Clients
- 212,722
- Regulatory AUM
- $18,827,476,086
- Share
- 100%
- Avg. per client
- $89K
What it does
Transamerica Retirement Advisors provides portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting and educational seminars. It is paid through a percentage of assets and fixed fees.
Transamerica Retirement Advisors provided financial planning to 0 clients last fiscal year and advises no private funds.
42.5% of assets ($8.00B across 141,576 accounts) are managed with discretion; $10.83B across 71,146 accounts are 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
- Stocks10%
- Funds82%
- Registered funds66%
- Pooled vehicles16%
- Cash1%
- Other7%
- Stable value and other annuity products7%
Custodians
Transamerica Retirement Advisors’ client accounts are held mainly at State Street Bank and Trust, with 40% of managed assets, and Mid Atlantic Trust, with 22%. Transamerica Retirement Advisors has custody of client assets.
- PershingPershing LLC · Jersey City, NJ · $4.03B21%
- State Street Bank and TrustState Street Bank and Trust Company · Boston, MA · $7.60B40%
- Mid Atlantic TrustMid Atlantic Trust Company · Pittsburgh, PA · $4.10B22%
- All other custodians$3.10B16%
Ownership and leadership
Transamerica Retirement owns 75% or more of Transamerica Retirement Advisors.
- Owns 75% or more of Transamerica Retirement Advisors, LLC
Transamerica Retirement
Control person · since July 2011
- Owns 75% or more of Transamerica Retirement Advisors, LLC
Transamerica Retirement Solutions, LLC
Control person · since July 2011
- Owns 75% or more of Transamerica Retirement Solutions, LLC
Ausa Holding, LLC
Control person · since June 1986
- Owns 75% or more of Ausa Holding, LLC
Transamerica Corporation
Control person · since December 2004
- Owns 75% or more of Transamerica Retirement Advisors, LLC
Aegon LTD
Control person · since October 1936
Leadership
- Jason FrainPresident and Manager
- Jay HewittVice President and Manager
- Mark PowersVice President and Chief Compliance Officer
- Brian BeitzelTreasurer
- Gregg HolgateManager
Staff
- 398 employees
- 173 in advisory functions
- 293 state-registered reps
- 336 broker-dealer reps
- 127 insurance agents
Fees
Transamerica Retirement Advisors is paid through a percentage of assets under management and fixed fees (other than subscription fees).
Transamerica Retirement Advisors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Transamerica Retirement Advisors has 173 offices (24 private residences, listed without an address), with 2 listed addresses across 2 states.
Iowa · 1 listed address
- 6400 C Street SW, Cedar RapidsHQ
New York · 1 listed address
- 440 Mamaroneck Avenue, Harrison
Registration details
- Legal name
- Transamerica Retirement Advisors, LLC
- Headquarters
- 6400 C Street SW, Cedar Rapids, IA 52499
- Phone
- 866-368-0566
- Website
- www.transamerica.com
- SEC file
- 801-42910
- Structure
- Delaware 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 Transamerica Retirement Advisors have?
Transamerica Retirement Advisors has 212,722 clients and manages $18.8 billion for them, as of March 2026. They include 212,700 individuals and 22 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Transamerica Retirement Advisors offer?
Transamerica Retirement Advisors provides portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Transamerica Retirement Advisors use?
Transamerica Retirement Advisors’ separately managed account assets are held at State Street Bank and Trust Company (Boston, MA), with $7,597,634,529, Mid Atlantic Trust Company (Pittsburgh, PA), with $4,099,788,717 and Pershing LLC (Jersey City, NJ), with $4,026,699,347. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Transamerica Retirement Advisors have?
Transamerica Retirement Advisors has 293 investment adviser representatives registered with state securities authorities, out of 398 employees, and 173 perform investment advisory functions. 336 are registered representatives of a broker-dealer and 127 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 Transamerica Retirement Advisors invest in?
At the end of its last fiscal year, Transamerica Retirement Advisors’ separately managed accounts held 66% registered funds (mutual funds, ETFs, BDCs), 16% pooled vehicles (private funds and similar), 10% exchange-traded equities, 7% stable value and other annuity products and 1% cash and equivalents. It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Transamerica Retirement Advisors?
Transamerica Retirement Advisors is owned through a chain of holding companies by Transamerica Corporation. Its direct owners are Transamerica Retirement (75% or more), Transamerica Retirement Solutions, LLC (75% or more) and Aegon LTD (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Transamerica Retirement Advisors get paid?
Transamerica Retirement Advisors is paid through a percentage of assets under management 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