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Columbia Management

100 Fedaral
Boston, Massachusetts 02110
United States
 
Contact :      Mr. Toby Cromwell
Phone :       (800) 527-7116
Fax :             (804) 553-8957
Email :         toby.cromwell@columbiamanagement.com
Web :           http://www.columbiamanagement.com

Columbia Management Information

Type of organization : Limited Liability Company
Total Assets Managed ($Mil) : $380,367
Tax-Exempt Managed ($Mil) : $74,474
Taxable Assets Managed ($Mil) : $305,893
Year Founded : 1985
Wrap Programs Offered? : Yes
# of Accounts Managed : 1408
In-House Research : 90 %
Carries liability insurance? : Yes
Errors & Omission Insurance? : Yes
Socially Responsible? : Yes
Minority Owned? : No
Wrap Program Description  
In $ Thousands

Columbia Management History

Columbia Management Investment Advisers traces its history of institutional asset management back to 1972 and was incorporated as IDS Growth Spectrum Advisors, Inc. on October 10, 1985. Our earliest predecessor company, Investors Syndicate, was founded in 1894 to provide face-amount certificates to consumers with a need for conservative investments. By 1937, Investors Syndicate had expanded its product offerings through Federal Housing Authority mortgages, and later, mutual funds, by establishing Investors Mutual, one of the pioneers in the mutual fund industry. In 1949, Investors Syndicate was renamed Investors Diversified Services, Inc., or IDS. In 1972, IDS began to expand its distribution network by delivering investment products directly to clients of financial institutions. In 1979, IDS became a wholly-owned subsidiary of Alleghany Corporation pursuant to a merger. In 1983, IDS/American Express Inc. was formed as a Delaware corporation in connection with American Express Company's 1984 acquisition of IDS from Allegheny Corporation. In 1994, the company was renamed American Express Financial Corporation and began selling products and services under the American Express brand. In 2005, American Express Company completed a spin-off of 100% of American Express Financial Corporation's common stock to the shareholders of American Express Company. As a result of this transaction, American Express Financial Corporation was renamed Ameriprise Financial, and became a publicly traded company no longer affiliated with American Express Company. Effective August 1, 2005, the company's insurance, annuity, asset management, and outside distribution businesses began operating under the new brand name RiverSource. On November 7, 2008, RiverSource Investments, LLC, completed its acquisition of J. & W. Seligman & Co. Incorporated ("Seligman"). With the completion of the acquisition, substantially all of Seligman’s investment advisory contracts were transferred to RiverSource. Additionally, Seligman Investments became an offering brand of RiverSource Investments, LLC. On April 30, 2010, Ameriprise Financial, Inc., the parent company of RiverSource Investments, LLC, acquired the long-term asset management business of Columbia Management Group, LLC, including certain of its affiliates, which were, prior to this acquisition, part of Bank of America. In connection with the acquisition of the long-term assets, certain clients of Columbia Management Advisors, LLC have a new investment adviser, RiverSource Investments, LLC, which is now known as Columbia Management Investment Advisers, LLC. As a result of the acquisition, the asset management businesses of the two firms were integrated under the Columbia Management name.

Assets by Client Category Professional Categories
Assets   # of Clients Amount ($Mil)  
Individuals/Trusts :
 
Limited Partnership :
 
Foundations :
ERISA :
Unions, Taft-Hartley :
Public :
Others :
Total # of Professional : 931 Analysts : 120
Portfolio Managers : 112 Traders : 48
Client Service : 77 Operation : 0

Columbia Management Personnel

Mr.  David Williams

Portfolio Manager
Tel : (212) 852-1000
Email: david.j2.williams@columbiamanagement.com
Mr. Williams is a managing director and senior portfolio manager responsible for the Columbia Value and Restructuring strategy. Prior to joining U.S. Trust in 1987, Mr. Williams was the chief investment officer at Horizon Trust Company in Morristown, New Jersey. He was also a portfolio manager with T. Rowe Price Associates, Inc., in Baltimore, Maryland. Mr. Williams is a member of the Chartered Financial Analysts Association and the Association for Investment Management and Research. He received his B.A. in 1965 from Yale University and his M.B.A. in 1974 from Harvard University.

Mr.  Alexander Powers

Portfolio Manager
Tel : (212) 852-1000
Email: alex.powers@columbiamanagement.com
Alexander D. Powers; Managing Director, Co-Head of Core Fixed Income Alex Powers is a managing director and co-head of the core fixed-income team. Mr. Powers joined Columbia Management from U.S. Trust to be co-head of the core fixed income team and to head liability-driven fixed-income investment portfolios. While at U.S. Trust, he was head of fixed income, responsible for all fixed-income portfolio management, trading and research. He was senior portfolio manager for U.S. Trust's core fixed-income portfolios and was a member of investment strategy and investment policy committees. Mr. Powers has been a member of the investment community since 1979. Prior to joining U.S. Trust, he was head of taxable fixed income at Chase Asset Management. Previously, Mr. Powers was a senior portfolio manager at Liberty Capital Management, an institutional fixed-income advisory firm. He began his career at Gabelli Company. Mr. Powers has taught at the New York Institute of Finance, where he offered a course in yield curve analysis. He received his B.A., cum laude, from Boston College and his M.B.A. from New York University’s Stern Graduate School of Business Administration.

Ms.  Julia Tseng

Data Preparer
Tel : (212) 893-7151
Email: Julia.Tseng@bankofamerica.com

Mr.  Timothy Evnin

Portfolio Manager
Tel : (212) 852-1000
Email: tim.evnin@columbiamanagement.com
Mr. Evnin is a managing director and portfolio manager, responsible for the Columbia Mid Cap Value and Restructuring strategy. He joined U.S. Trust in 1987. Mr. Evnin received his B.A. from Princeton University and his M.B.A. from Columbia University.

Mr.  Thomas Galvin

Portfolio Manager
Tel : (212) 852-1000
Email: tom.galvin@columbiamanagement.com
Thomas M. Galvin, CFA Thomas Galvin is managing director and a senior portfolio manager managing large-cap growth investments. Mr. Galvin joined Columbia Management in 2007 and has been a member of the investment community since 1983. Prior to joining U.S. Trust in 2003 as president and chief investment officer of the Growth Equity group, Mr. Galvin spent nearly five years as chief investment officer and equity strategist for Credit Suisse First Boston (CSFB) in New York and Donaldson, Lufkin & Jenrette, which was acquired by CSFB. There, he was responsible for market, sector and asset allocation analyses. Earlier, Mr. Galvin served for more than 12 years in a variety of roles ranging from transportation industry analyst to chief equity strategist at Deutsche Bank, which acquired the investment boutique C. J. Lawrence, which he joined in 1986. Mr. Galvin began his career as an investment officer and portfolio manager at The Chase Manhattan Bank. With more than 20 years of experience as a leading equity strategist and securities analyst, Mr. Galvin was named to Institutional Investor’s All-America Research Team for portfolio strategy from 1999-2002. From 1992–1995 Institutional Investor named him to its All-America Research Team for research coverage, and The Wall Street Journal named him to its All-Star Analyst Team from 1994–1996. Mr. Galvin earned an undergraduate degree in finance at Georgetown University and an M.B.A. in finance from New York University . He holds the Chartered Financial Analyst designation and is a member of the New York Society of Security Analysts. He is a trustee of the Clark Art Museum of Williamstown, Massachusetts, and also serves as an advisor to the board of Georgetown University's Wall Street Alliance.

Mr.  Richard Bayles

Portfolio Manager
Tel : (212) 852-1000
Email: Richard.L.Bayles@columbiamanagement.com
Richard L. Bayles is a managing director and senior portfolio manager, responsible for the Columbia Select Opportunities strategy. Prior to joining U.S. Trust in 1990, Mr. Bayles was a managing director at John W. Bristol & Co. He is a warden of St. Bartholomew?s Church in the City of New York, and served with the Peace Corps in Kenya for three years. Mr. Bayles earned his B.A. from Dartmouth College.

Mr.  Fred Copper

Portfolio Manager
Tel : (617) 434-6915
Email: fred.copper@columbiamanagement.com
Mr. Copper joined Columbia Management in 2005 and took over management of the U.S. Trust/Excelsior International Equity products in July 2007. Prior to joining Columbia Management, Mr. Copper spent four years at Putnam Investments as a senior vice president where he co-managed $1.5 billion in international and global value portfolios. Previously he was an assistant vice president with Wellington Management Company. Mr. Copper holds the Chartered Financial Analyst designation. He earned a B.S. from Boston College and an M.B.A. from the University of Chicago .

Columbia Management Product Name

Columbia Value and Restructuring:Privately Managed Accounts
Columbia International Growth:Privately Managed Accounts
Columbia Core Fixed Income:Privately Managed Accounts
Columbia Emerging Markets Equity:Privately Managed Accounts
Columbia Focused Large Cap Growth Equity:Privately Managed Accounts
Report Created: January,26 2020.  Copyright Money Manager Review , All rights Reserved.
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