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Amundi Asset Management Review

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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.

Amundi Pioneer Institutional Asset Management, Inc. is headquartered in Boston. The financial advisor offers portfolio management and advisor selection for institutional clients. 

Amundi primarily provides advisory services for businesses and institutional clients. If you’re looking for a firm that specializes in account management for individuals, consider using SmartAsset’s free financial advisor matching service

Amundi Pioneer Background

Amundi Pioneer is registered as a commodity pool operator and commodity trading advisor with the Commodity Futures Trading Commission (CFTC). The firm has offices in Boston, Massachusetts; Miami, Florida; and Durham, North Carolina. The Boston office focuses on equity and fixed income instruments, while the Durham office focuses solely on fixed income investments. 

Amundi Pioneer is a wholly-owned subsidiary of Amundi Pioneer Asset Management USA, Inc., which is a subsidiary of Amundi USA, Inc. Amundi USA is a wholly owned subsidiary of Amundi, and Amundi is controlled by Credit Agricole S.A. 

Amundi Pioneer Client Types and Minimum Account Sizes

The firm offers investment advisory services to unregistered pooled investment vehicles, collective investment trusts (CITs) and pension and profit sharing plans. Its separate account clients include charitable organizations, endowments, high-net-worth individuals, corporations and other businesses, central and supranational banks and state and local retirement boards.  

For separately managed accounts, the firm requires an initial investment of $100,000. For CITs and unregistered investment vehicles, the minimum account size is $3 million. 

Services Offered by Amundi Pioneer

Amundi Pioneer offers clients a wide selection of investment services and strategies. These include:

  • Investment management
    • Portfolio management 
    • Research
    • Trading 
  • Investment strategies
    • U.S. and international
    • Global
    • Fixed income
    • Equity solutions
    • Multi-sector strategies

Investment Philosophy

Through its offering of both U.S. and international, global, fixed income and equity solutions, Amundi Pioneer strives to meet the needs of institutional investors on a global level. The firm also commits itself to fundamental research when seeking promising investing opportunities. 

Portfolio management of client portfolios is separated into teams, based on shared elements of market, style and investment objectives. The teams are composed of investment professionals who collaborate to determine portfolio composition and prospective investments. In addition, each designated portfolio manager, or team of managers, monitors client portfolios on a day-to-day basis. 

Fees Under Amundi Pioneer

Amundi Pioneer bills clients monthly or quarterly in arrears, but advisory fees may be negotiated on an individual basis. For the fixed income strategies, the monthly management fees range from 0.20% to 0.70%, depending on the deposit size and account type.

The rates differ for equity strategies. The firm charges at least 0.50% for initial deposits of $50 million to separately managed accounts, while it charges a maximum of 0.66% for the same deposit value. For CITs, clients will pay at least 0.45% on the first $50 million, while they’ll pay 0.60% at most.    

For flexible or balanced strategies, separate account clients will pay between 0.15% and 0.70%, depending on the fund and the total assets.

Clients also pay performance-based fees. 

Learn more about advisors' typical costs here.

What to Watch Out For

The firm manages accounts that are charged a performance-based fee, as well as accounts that are charged an asset-based fee. This may create an incentive for firm advisors to make dangerous investments on accounts through which they earn performance-based fees, with the hopes that it will generate greater returns.

Amundi Pioneer only provides management for institutional clients, so you may want to consider other advisors if you’re looking for separate account management for individuals. SmartAsset’s free financial advisor service can help you narrow down your search. 

The firm’s Form ADV lists several disclosures that solely involve the firm’s affiliates. Each of the disclosures are related to regulatory violations, but the firm itself doesn’t have any. 

Opening an Account With Amundi Pioneer

If you’re interested in opening an account with Amundi Pioneer, you’ll have a few options for getting in touch. You can fill out the firm’s online contact form, and a representative or advisor will get in touch with you. You can also call or visit the firm’s Boston, Miami or Durham offices to speak with an advisor. The firm’s website lists several customer service lines for prospective or current investors, and it additionally offers an inquiry email and toll-free fax line. You can reach its main office by calling (800) 622-9876.

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

Tips to for Saving for Retirement

  • Before you begin saving for retirement, it helps to have a strategy. Whether you decide to set aside money periodically or invest in an employer-sponsored savings plan, you’ll want to keep track of your assets and how close you are to reaching your goal. SmartAsset’s retirement calculator can give you a better idea of how much you’ll need for a comfortable retirement.
  • If you’re looking for expert advice with your finances, a financial advisor could be right for you. 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.

How Long $1 Million 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.

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

Methodology We weighed potential expenditures for a prospective retiree with a  $1 million nest egg to assess how many years that fund would cover in retirement in America’s largest cities.

We 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 metro areas across the U.S.

We assumed the $1 million would grow at a net annual return of 2% after inflation. 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.