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Putnam, LLC

 
Hoover's Profile: Putnam, LLC
Contact Information
Putnam, LLC
1 Post Office Sq.
Boston, MA 02109
MA Tel. 617-292-1000
Toll Free 800-225-1581
Fax 617-482-3610

Type: Subsidiary
On the web: http://www.putnam.com

One of the world's largest mutual fund administrators, Putnam (aka Putnam Investments) provides investment management for institutional and individual customers, offering around 70 mutual funds, as well as 401(k) and IRA services and alternative investments. Putnam offers its funds through independent brokers, dealers, financial planners, banks, and retirement plans. It has agreements with Allstate and Hartford Financial Services to sell variable annuities. Founded in 1937, Putnam has more than $100 billion of assets under management in some 7 million shareholder accounts. Canada-based insurance company Great-West Lifeco bought the company from Marsh & McLennan in 2007.

Officers:
Chairman: John A. Hill
President, CEO and Trustee: Robert L. (Bob) Reynolds
Senior Managing Director and CFO: Clare S. Richer

Competitors:
FMR
MFS
The Vanguard Group

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