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J. & W. Seligman & Co. Incorporated · New York, NY United States

Company Description

100 Park Ave.
New York, NY
10017
United States (Map)
Phone: 212-850-1864
Fax: 212-922-5726
Toll Free: 800-221-7844
    One of the oldest asset managers in the US, J. & W. Seligman & Co. offers a variety of investment products to investors. Founded in 1864, it manages more than 50 mutual funds with prominent holdings in communications, information, and technology firms, as well as municipal debt. It also oversees more than $16 billion in assets for public funds, corporations, and foundations. Services for individuals include 401(k) plans and IRAs. Seligman also manages the Tri-Continental Corporation, one of the oldest and largest closed-end investment funds traded on the NYSE. Ameriprise Financial bought the firm for some $440 million in 2008. RiverSource, a subsidiary of Ameriprise, is the new manager of the corporation. To read the full description, subscribe now.
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    Key J. & W. Seligman & Co. Incorporated Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Employees417

    J. & W. Seligman & Co. Incorporated Executives

    16 executives listed for J. & W. Seligman & Co. Incorporated's New York, NY location.
    TitleName & BioContact
    ChairmanWilliam MorrisNetwork
    President and CEOBrian ZinoNetwork
    VP and TreasurerLawrence VogelNetwork

    Competition

    Competitive Landscape for J. & W. Seligman & Co. Incorporated
    Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.
    Top J. & W. Seligman & Co. Incorporated Competitors
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