Legal & General Investment Management America Inc.
- Regulatory AUM
- $267B
- Discretionary
- $267B
- Clients
- 195
- Avg AUM / client
- $1.4B
- Accounts
- 554
- Employees
- 262
AUM over time
Annual snapshots from Form ADV filings · as of Jul 01, 2026
Asset allocation (SMA assets by investment type)
as of Jul 01, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 2 | $10.8B | 4.05% |
| Pooled investment vehicles (non-investment companies) | 52 | $47.1B | 17.6% |
| Pension and profit sharing plans | 98 | $39.9B | 14.9% |
| Charitable organizations | 3 | $821M | 0.31% |
| State or municipal government entities | 5 | $3.9B | 1.45% |
| Other investment advisers | 15 | $147B | 54.9% |
| Insurance companies | 11 | $12.0B | 4.49% |
| Sovereign wealth funds and foreign official institutions | 1 | $1.0B | 0.39% |
| Corporations and other businesses | 6 | $4.8B | 1.8% |
| Other | 2 | $140M | 0.05% |
Private funds (18)
View all →Reported in Form ADV Section 7.B.(1), filing of Sep 2024 · $10.3B combined gross assets
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
People (11)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Ryan, Patrick, Joseph | Chief Financial Officer, Director | Feb 2015 (12y) | Less than 5% | |
| King, Michelle, Sylvia | Director | Aug 2019 (7y) | Less than 5% | |
| Andrews, Donald, Oliver | Head Of Client Solutions, Director | Mar 2021 (5y) | Less than 5% | |
| Panos, Beth Anne | Head Of Human Resources, Director | Mar 2021 (5y) | Less than 5% | |
| St. Charles, Kristina, Lois Jean | General Counsel | Dec 2022 (4y) | Less than 5% | |
| Bender, John, Thomas | Director | Jan 2023 (4y) | Less than 5% | |
| Gottschalch, Alexia, Karolina | Head Of Real Estate Equity | Jan 2023 (4y) | Less than 5% | |
| Procter, Kerrigan, William | Interim Head Of Lgima | Jan 2023 (4y) | Less than 5% | |
| Raffsteck, Claude, Michel | Head Of Us Operations | Jan 2023 (4y) | Less than 5% | |
| Shoup, Jason, B | Chief Investment Officer | Jan 2023 (4y) | Less than 5% | |
| Chick, Michael, Stephen | Chief Compliance Officer | Apr 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Legal & General Investment Management United States (Holdings) Inc. | Shareholder | May 2014 | A | 75% or more |
| Legal & General Investment Management (Holdings), Ltd. | Shareholder | May 2014 | B | ≈ 56.25% – 100% via Legal & General Investment Management United States (Holdings) Inc. |
| Legal & General Group Plc | Shareholder | Oct 2001 | B | ≈ 42.19% – 100% via Legal & General Investment Management (Holdings), Ltd. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Legal & General Investment Management (Holdings), Ltd.: 75% – 100% of Legal & General Investment Management United States (Holdings) Inc. × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Legal & General Group Plc: 75% – 100% of Legal & General Investment Management (Holdings), Ltd. × 75% – 100% of Legal & General Investment Management United States (Holdings) Inc. × 75% – 100% direct ≈ 42.19% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (18, $10.3B gross assets)
From Form ADV Section 7.B private fund reporting.
Retirement plans served (21)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| New England Teamsters Pension Fund | New England Teamsters Pension Fund | 21,670 | $9.1B | 10/01/2024 |
| Plumbers & Steamfitters Local 43 Pension Fund | Plumbers & Steamfitters Local 43 Pension Fund | 697 | $153M | 07/01/2024 |
| Retirement Program Plan For Employees Of Consolidated Nuclear Security, Llc At The U.S. Department Of Energy At Oak Ridge, Tennessee | Consolidated Nuclear Security, Llc | 2,368 | $2.0B | 01/01/2024 |
| Pxd Retirement Plan For Non Bargaining Pxd Locatio | Pantexas Deterrence, Llc | 640 | $409M | 01/01/2024 |
| Care New England Pension Plan | Care New England | 1,647 | $136M | 01/01/2024 |
| Phillips 66 Retirement Plan | Phillips 66 Company | 11,317 | $2.2B | 01/01/2024 |
| Schlage Lock Company Llc Pension Plan | Schlage Lock Company Llc | 1,110 | $228M | 01/01/2024 |
| International Association Of Sheet Metal, Air, Rail And Transportation Workers (Smart) Local Union No. 36 Pension Fund | Board Of Trustees Of Smart Local Union No. 36 Pension Fund | 1,381 | $373M | 01/01/2024 |
| Valeo, Inc. Pension Plan | Valeo North America, Inc. | 217 | $330M | 01/01/2024 |
| Sheet Metal Workers Local No.20 Gary Area Pension | Trustees Of Sheet Metal Workers Local 20 Gary Area Pension Fund | 499 | $113M | 01/01/2024 |
| Retirement Plan For Bargaining Unit Employees Of The Mtc Of Pxd | Pantexas Deterrence, Llc | 485 | $223M | 01/01/2024 |
| Long Island Electric Utility Servco Llc Retirement Income Plan | Long Island Electric Utility Servco Llc | 1,814 | $513M | 01/01/2024 |
| Sheet Metal Workers Local No. 20, Indianapolis Are | Sheet Metal Workers Local No. 20, Indianapolis Area, Pension Fund | 987 | $212M | 01/01/2024 |
| Pxd Retirement Plan For Bargaining Unit Members Of The Pgu | Pantexas Deterrence, Llc | 87 | $83.9M | 01/01/2024 |
| Retirement Plan For Employees Of Evraz Stratcor Inc. | Evraz Inc. N.A. | 0 | $14.9M | 01/01/2024 |
| Regions Financial Corporation Retirement Plan | Regions Financial Corporation | 257 | $1.2B | 01/01/2024 |
| 3 M Employee Retirement Income Plan | 3 M Company | 6,472 | $8.9B | 01/01/2024 |
| Regions Financial Corporation Retirement Plan For Associates | Regions Financial Corporation | 2,008 | $708M | 01/01/2024 |
| Retirement Plan For Employees Of Multicare Health System | Multicare Health System | 721 | $557M | 01/01/2024 |
| Usg Corporation Retirement Plan | Usg Corporation | 6,329 | $634M | 01/01/2024 |
| Cleco Corporate Holdings Llc Pension Plan | Cleco Power Llc | 303 | $414M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/01/2026 | 5.37 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: FROM AUGUST 2017 THROUGH DECEMBER 2020, LGIM AMERICA EFFECTED PRINCIPAL TRANSACTIONS BETWEEN CLIENTS AND LGIM AMERICA PRINCIPAL ACCOUNTS WITHOUT MAKING THE REQUIRED CLIENT DISCLOSURES OR OBTAINING THE REQUIRED CLIENT CONSENTS. DURING THE SAME PERIOD, LGIM AMERICA ALSO EFFECTED CROSS TRADE BETWEEN CERTAIN LGIM AMERICA'S REGISTERED INVESTMENT COMPANY (RIC) CLIENTS AND OTHER LGIM AMERICA CLIENTS WHO WERE AFFILIATED PERSONS OF THOSE ROCS OR AFFILIATED PERSON OF AN AFFILIATED PERSONS OF THOSE RICS, WITHOUT COMPLYING WITH THE STATUTORY PROVISION GOVERNING CROSS TRADES INVOLVING ROCS. THE VIOLATIONS WERE CAUSED IN PARTY BY LGIM AMERICA'S FAILURE TO ADOPT AND IMPLEMENT REASONABLE DESIGNED POLICIES AND PROCEDURES. Status: Final Sanction Detail: LGIM AMERICA PAID THE CIVIL MONEY PENALTY OF 500,000 ON NOVEMBER 23, 2022. Summary: THE SEC ORDER WAS ENTERED ON NOVEMBER 21, 2022. LGIM AMERICA PAID THE CIVIL MONEY PENALTY ON NOVEMBER 23, 2022.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Citibank $121B (45% of AUM) Jul 2026
- BNY Mellon $23.0B (9% of AUM) Jul 2026
- Northern Trust $21.9B (8% of AUM) Jul 2026
- Hsbc Securities (Usa) Inc. $20.5B (8% of AUM) Jan 2022
- State Street $20.1B (9% of AUM) Jan 2025
- J.P. Morgan $14.0B (8% of AUM) Oct 2018
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 01, 2026.
View current Form ADV (SEC/IAPD) ↗