Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right
Tap on the profile icon to edit
your financial details.

Aegon Asset Management Review

Your Details Done
by Updated

This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

Aegon Asset Management US provides investment management services and products primarily to institutional clients such as pooled investment vehicles. It doesn’t serve individual clients. So if you’re looking for an advisor who can provide financial planning services, use SmartAsset's free advisor matching tool

Aegon Asset Management US is also known Aegon USA Investment Management, LLC. The firm uses the former as the primary business name to market its asset management products and services. 

Aegon Asset Management Background

Aegon began operations as a fixed-income portfolio manager in 2001. Today, it provides active investment management to portfolios comprised mainly of equities, fixed-income, private placements and derivatives.

The firm is a direct, wholly owned subsidiary of Aegon USA Asset Management Holding, LLC and an indirect wholly owned subsidiary of Aegon NV, a Netherlands-based financial services organization. 

Aegon Asset Management Client Types and Minimum Account Sizes

Aegon works with various types of clients including: 

  • Insurance companies 
  • Corporate pension and profit-sharing plans
  • Pooled investment vehicles such as mutual funds, collective investment trusts (CITs) and privately offered alternative vehicles
  • Banks
  • Charitable organizations and endowments
  • Government plans and municipalities
  • Foreign funds such as Undertakings for Collective Investments in Transferable Securities (UCITS)
  • US and foreign institutions
  • Other investment advisors and companies

The firm generally requires a minimum investment of $50 million to receive its services. This minimum may vary, depending on several factors such as investment strategy and product structure. Aegon may waive these requirements at its discretion. 

Services Offered by Aegon Asset Management

Aegon provides investment products and services to a range of institutional clients. It conducts its business through separately managed accounts including open-end mutual funds, UCITS and private funds. 

In addition, the firm provides investment services to insurance companies and pension plans

Aegon Asset Management Investment Philosophy

Aegon engages in the following investment strategies:

  • Fundamental Fixed-Income: involves one or more fixed-income asset classes, duration-sensitive or cash flow management strategies and constrained strategies based on client restrictions 
  • Multi-Asset Strategies: entails several asset classes customized to client-specific parameters 
  • Investment Solutions: diversifies strategies based on the client’s liability profile and includes a form of asset-liability management for insurance companies and liability-driven investing for pension plans

Fees Under Aegon Asset Management

For discretionary investment management services, Aegon generally charges fees based on a percentage of AUM. These may be negotiable. In addition, the firm may charge performance-based fees. In such cases, fees may be higher if investments perform well, relative to certain parameters established between the client and the firm.

What to Watch Out For

Aegon Asset Management has one regulatory disclosure listed on its Form ADV. This disclosure relates to issues between 2011 and 2015 when Aegon made errors in the implementation of its asset allocation models. As a result, the firm submitted to censure and paid a fine. 

Aegon shares a business relationship with certain insurance companies. This arrangement may create potential conflicts of interests as advisors may be incentivised to allocate client assets across these firms’ products. That said, Aegon must uphold fiduciary standards to work in the best interests of its clients at all times.

Opening an Account With Aegon Asset Management

To contact Aegon, visit its website or call the firm at (319) 355-3598. You can also visit the firm in person at its Iowa office.

All information is accurate as of the writing of this article.

Tips for Finding the Right Financial Advisor

  • Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
  • Make sure your advisor will work in your best interests. Not all of them have to by law. One clue that they will is that they are certified financial planners (CFPs), who agree to be bound by a fiduciary duty when providing financial planning services. Another clue is if the firm is registered with the SEC. But don’t assume anything. Ask all prospective advisors this simple question: Are you a fiduciary?

How Long $1mm Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research