John Nuveen Company - JNC- Profile

The John Nuveen Company. The principal activities of the Group are asset management and related research; development, marketing and distribution of investment products and services through financial advisors who serve the affluent and high-net-worth market segments. The investment products of the Company includes mutual funds (open-end funds), exchange-traded funds (open-end and closed-end funds), defined portfolios and individually managed accounts. These are distributed through registered representatives associated with unaffiliated broker-dealers, commercial banks, affiliates of insurance providers, financial planners, accountants, consultants and investment advisers. Investment advisory fees accounted for 87% of 2000 revenues; underwriting and distribution of investment products, 10%; positioning profits, 1% and other revenues, 2%.