Nationwide Asset Management, LLC

Nationwide Asset Management, LLC, based in Columbus, Ohio, has been a registered investment adviser since 2007. As a subsidiary of Nationwide Mutual Insurance, the firm specializes in providing customized fixed income advisory and asset management services, including alternative investment strategies like private equity, real estate equity, and hedge funds. While equity exposure is possible in client portfolios, it's not the firm's primary focus. Nationwide Asset Management tailors investment advice to meet specific client needs and may impose restrictions on certain securities. The firm primarily serves affiliated companies and their business needs, with discretionary assets under management totaling approximately $13.49 billion for thirteen clients as of December 31, 2024. Fees at Nationwide Asset Management are typically calculated as a percentage of assets under management, subject to negotiation. The firm may delegate investment management responsibilities to sub-advisors without increasing client fees. Clients should be aware of additional expenses related to third-party mutual funds and potential double billing of fees. The firm's investment philosophy emphasizes effective relative value analysis across asset classes and a team-oriented approach to managing portfolios. Nationwide Asset Management does not charge performance-based fees and follows a side-by-side management policy to treat clients fairly. The firm provides portfolio management services to various affiliated entities, and most clients are affiliated. Clients have the option to impose reasonable restrictions on investing in certain securities or asset types. The firm exercises investment discretion in line with clients' stated objectives and restrictions. Clients receive at least quarterly account statements from their custodians, and the firm does not enter into custodial agreements on behalf of clients.