Michael Davern is a registered investment advisor at Nuveen Asset Management, LLC, based in Chicago, IL, with 40 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 71,370 clients with $260B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Nuveen Asset Management (NAM) manages investments for institutional clients and individuals through managed account programs. Fees are based on a percentage of the assets managed. The specific fees vary depending on the type of client, the asset class, and the size of the account. Fees and minimum account sizes are negotiable. Some existing clients may pay different fees than new clients. NAM may invest client assets in affiliated funds, and may waive investment advisory fees on the assets invested in such affiliated funds.
Location
333 West Wacker Drive, Chicago, IL, 60606
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
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Michael is a sponsored player for HEAD, acting as a regional marketing coordinator and receiving clothing and equipment in exchange for playing tournaments and scouting potential players. He also serves on the board of the Illinois Racquetball Association, dedicating minimal time to each activity.
Employment History
Current Registrations
Nuveen Asset Management, LLC
Nuveen Securities, LLCBroker
Previous Registrations
Nuveen Fund Advisors, INC.
Flagship Funds INC.Broker
Van Kampen Merritt INC.Broker
First American National Securities, INC.Broker
State Registrations53 states
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