TDAM USA Inc.

TDAM USA Inc. is an investment management firm based out of New York City, New York. The company was originally established in 1995 and has grown from its inception to now operate with 327 employees of which 111 are investment professionals. TDAM USA, or TD Asset Management, conducts its research internally and utilizes a fundamental and quantitative methodology to make its investment decisions. The company invests in the public equity, fixed income, and alternative markets on a global scale, allocating its assets across a varied portfolio of sectors. TDAM USA believes that solutions must become “liability-based approaches employing traditional, alternative and structured investments,” utilizing the company’s “passive, quantitative and fundamental active skills” to do so. The company invests most heavily in the technology and finance sectors, each of which make up just under a fifth of the company’s total asset allocations, and also invests in the services, consumer noncyclical, health care, utilities, capital goods, energy, and basic materials sectors, among other sectors to a lesser degree, in order of decreasing allocation. TDAM USA’s top holdings include Microsoft Corp., Apple INc., Johnson & Johnson, Exxon Mobil Corp., General Electric Co., Boeing Co., Berkshire Hathaway Inc., and Proctor & Gamble Co., in descending order of allocations. The company manages over $32.3 billion in total assets under management spread across 91 total accounts, all of which are discretionary accounts except for one which makes up a minor $20 million of its managed assets. Although the company’s total number of accounts has decreased in recent years, its total assets under management, despite some volatility, has been increasing, growing significantly from just under $19 billion back in 2010 to experience over $10 billion in growth. TDAM USA mainly caters to high net worth individuals and corporations, each of which makes up over a third of its entire client base, although over 50% of its managed assets are attributed to investment companies.